American Homes 4 Rent (NYSE:AMH) Shares Purchased by B&I Capital AG

B&I Capital AG grew its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 59.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,940 shares of the real estate investment trust's stock after buying an additional 78,540 shares during the period. American Homes 4 Rent accounts for 2.6% of B&I Capital AG's portfolio, making the stock its 14th biggest holding. B&I Capital AG owned 0.06% of American Homes 4 Rent worth $7,938,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in American Homes 4 Rent by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 44,948,804 shares of the real estate investment trust's stock valued at $1,681,984,000 after buying an additional 240,583 shares in the last quarter. Norges Bank bought a new stake in shares of American Homes 4 Rent in the fourth quarter worth about $822,019,000. JPMorgan Chase & Co. increased its stake in American Homes 4 Rent by 5.3% in the 4th quarter. JPMorgan Chase & Co. now owns 13,805,224 shares of the real estate investment trust's stock worth $516,591,000 after acquiring an additional 689,741 shares during the last quarter. FMR LLC raised its stake in American Homes 4 Rent by 9.2% during the fourth quarter. FMR LLC now owns 8,983,364 shares of the real estate investment trust's stock valued at $336,157,000 after purchasing an additional 757,772 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of American Homes 4 Rent by 8.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,721,356 shares of the real estate investment trust's stock valued at $326,355,000 after buying an additional 675,077 shares in the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AMH shares. Citigroup lowered shares of American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 target price for the company. in a report on Friday, June 6th. Keefe, Bruyette & Woods raised their price target on 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. Wall Street Zen raised shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Royal Bank Of Canada increased their price target on American Homes 4 Rent from $39.00 to $41.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Finally, Scotiabank upped their price objective on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the stock a "sector perform" rating in a research note on Monday, May 12th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $40.90.

Insider Buying and Selling

In other news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the stock in a transaction on 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 sale, the chief accounting officer owned 99,214 shares in the company, valued at $3,870,338.14. This represents a 29.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jack E. Corrigan bought 4,000 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The shares were acquired at an average price of $22.93 per share, with a total value of $91,720.00. Following the completion of the transaction, the director directly owned 15,000 shares of the company's stock, valued at $343,950. This trade represents a 36.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 6.32% of the company's stock.

American Homes 4 Rent Stock Down 0.3%

Shares of American Homes 4 Rent stock traded down $0.11 during trading on Friday, reaching $36.15. The company's stock had a trading volume of 298,383 shares, compared to its average volume of 2,231,590. 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 company has a market cap of $13.38 billion, a price-to-earnings ratio of 33.48, a P/E/G ratio of 3.81 and a beta of 0.74. The company has a 50-day simple moving average of $36.65 and a two-hundred day simple moving average of $36.27. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. The company 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 revenue for the quarter was up 8.4% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS. As a group, equities analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $0.30 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.20 annualized dividend and a yield of 3.32%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

About American Homes 4 Rent

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.