American Homes 4 Rent (NYSE:AMH) Stock Position Raised by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 688,009 shares of the real estate investment trust's stock after acquiring an additional 22,391 shares during the quarter. Asset Management One Co. Ltd. owned 0.19% of American Homes 4 Rent worth $26,014,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMH. TCW Group Inc. grew its position in American Homes 4 Rent by 7.2% during the fourth quarter. TCW Group Inc. now owns 26,863 shares of the real estate investment trust's stock worth $1,005,000 after buying an additional 1,809 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in American Homes 4 Rent by 52.7% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 77,900 shares of the real estate investment trust's stock worth $2,915,000 after buying an additional 26,900 shares during the period. Coyle Financial Counsel LLC grew its position in American Homes 4 Rent by 4.2% during the fourth quarter. Coyle Financial Counsel LLC now owns 49,772 shares of the real estate investment trust's stock worth $1,862,000 after buying an additional 2,002 shares during the period. Bank of New York Mellon Corp grew its position in American Homes 4 Rent by 9.2% during the fourth quarter. Bank of New York Mellon Corp now owns 2,958,336 shares of the real estate investment trust's stock worth $110,701,000 after buying an additional 248,729 shares during the period. Finally, Amalgamated Bank grew its position in American Homes 4 Rent by 0.4% during the fourth quarter. Amalgamated Bank now owns 151,928 shares of the real estate investment trust's stock worth $5,685,000 after buying an additional 665 shares during the period. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Performance

NYSE AMH traded down $0.10 on Friday, hitting $35.93. The stock had a trading volume of 2,981,006 shares, compared to its average volume of 2,214,962. American Homes 4 Rent has a one year low of $31.68 and a one year high of $41.41. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.63. The stock has a market cap of $13.30 billion, a price-to-earnings ratio of 33.27, a P/E/G ratio of 3.74 and a beta of 0.76. The company's 50-day moving average is $37.35 and its two-hundred day moving average is $36.40.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $459.28 million during the quarter, compared to analysts' expectations of $449.00 million. American Homes 4 Rent had a net margin of 23.41% and a return on equity of 5.45%. American Homes 4 Rent's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. On average, analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Analysts Set New Price Targets

Several brokerages have weighed in on AMH. Raymond James Financial upped 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 report on Friday, May 9th. Barclays upped their price objective on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. Evercore ISI increased their price objective on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. Morgan Stanley raised their price target on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the company an "overweight" rating in a report on Thursday, May 22nd. Finally, Scotiabank boosted their target price on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $40.90.

Insider Activity

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 4,000 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was acquired at an average cost of $23.42 per share, with a total value of $93,680.00. Following the completion of the purchase, the director now directly owns 12,000 shares in the company, valued at approximately $281,040. This trade represents a 50.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the company's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $39.01, for a total transaction of $1,657,925.00. Following the completion of the sale, the chief accounting officer now owns 99,214 shares of the company's stock, valued at approximately $3,870,338.14. This trade represents a 29.99% decrease in their position. The disclosure for this sale can be found here. Insiders own 6.32% of the company's stock.

American Homes 4 Rent 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.