UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Holdings in American Homes 4 Rent (NYSE:AMH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 0.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,846,804 shares of the real estate investment trust's stock after purchasing an additional 19,336 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.77% of American Homes 4 Rent worth $106,527,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMH. JPMorgan Chase & Co. grew its position in shares of American Homes 4 Rent by 1.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,115,483 shares of the real estate investment trust's stock valued at $503,503,000 after acquiring an additional 214,242 shares during the period. Merit Financial Group LLC bought a new position in American Homes 4 Rent in the 4th quarter worth approximately $206,000. UMB Bank n.a. boosted its holdings in American Homes 4 Rent by 77.2% in the 4th quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock worth $52,000 after buying an additional 607 shares during the period. Exchange Traded Concepts LLC boosted its holdings in American Homes 4 Rent by 4.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 22,860 shares of the real estate investment trust's stock worth $855,000 after buying an additional 932 shares during the period. Finally, Blue Trust Inc. boosted its holdings in American Homes 4 Rent by 54.0% in the 4th quarter. Blue Trust Inc. now owns 8,113 shares of the real estate investment trust's stock worth $311,000 after buying an additional 2,844 shares during the period. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Trading Up 0.1%

NYSE:AMH traded up $0.05 during trading hours on Thursday, reaching $37.30. The company's stock had a trading volume of 404,424 shares, compared to its average volume of 2,190,350. The firm has a market capitalization of $13.81 billion, a price-to-earnings ratio of 34.53, a PEG ratio of 3.56 and a beta of 0.78. The firm has a 50-day simple moving average of $37.08 and a 200-day simple moving average of $36.57. American Homes 4 Rent has a 1 year low of $31.68 and a 1 year high of $41.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. The business had revenue of $459.28 million for the quarter, compared to analyst estimates of $449.00 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company's revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 EPS. Research analysts expect that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's payout ratio is 111.11%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wall Street Zen raised shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods increased their target price on shares of American Homes 4 Rent from $38.00 to $40.00 and gave the stock a "market perform" rating in a research note on Tuesday, May 6th. Mizuho lowered their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research note on Thursday, March 13th. Raymond James increased their target price on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the stock an "outperform" rating in a research note on Friday, May 9th. Finally, Barclays increased their target price on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 12th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $40.89.

Insider Activity

In other American Homes 4 Rent news, CAO Sara H. Vogt-Lowell sold 42,500 shares of American Homes 4 Rent stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $39.01, for a total value of $1,657,925.00. Following the completion of the transaction, the chief accounting officer now directly owns 99,214 shares of the company's stock, valued at approximately $3,870,338.14. The trade was a 29.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jack E. Corrigan bought 4,000 shares of the firm's stock in a transaction on Monday, May 5th. The stock was purchased at an average cost of $23.42 per share, with a total value of $93,680.00. Following the completion of the acquisition, the director now directly owns 12,000 shares of the company's stock, valued at approximately $281,040. The trade was a 50.00% increase in their position. The disclosure for this purchase can be found here. Insiders own 6.01% of the company's stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.