Charles Schwab Investment Management Inc. Has $165.11 Million Holdings in American Homes 4 Rent (NYSE:AMH)

Charles Schwab Investment Management Inc. grew its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 0.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,366,860 shares of the real estate investment trust's stock after acquiring an additional 32,825 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.18% of American Homes 4 Rent worth $165,111,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of American Homes 4 Rent during the fourth quarter valued at approximately $6,821,000. Bessemer Group Inc. grew its holdings in American Homes 4 Rent by 14.5% during the 4th quarter. Bessemer Group Inc. now owns 3,599 shares of the real estate investment trust's stock worth $135,000 after acquiring an additional 456 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in shares of American Homes 4 Rent by 0.5% during the fourth quarter. Treasurer of the State of North Carolina now owns 152,215 shares of the real estate investment trust's stock worth $5,696,000 after purchasing an additional 750 shares during the last quarter. Townsquare Capital LLC acquired a new position in American Homes 4 Rent in the fourth quarter worth about $222,000. Finally, Barclays PLC increased its holdings in shares of American Homes 4 Rent by 95.1% in the 4th quarter. Barclays PLC now owns 676,449 shares of the real estate investment trust's stock valued at $25,315,000 after acquiring an additional 329,648 shares during the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Up 0.0%

Shares of AMH stock traded up $0.02 on Tuesday, reaching $34.24. 1,696,055 shares of the company's stock traded hands, compared to its average volume of 1,991,993. The company has a market capitalization of $12.70 billion, a P/E ratio of 30.84, a price-to-earnings-growth ratio of 2.89 and a beta of 0.72. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $41.41. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.88 and a current ratio of 0.88. The business's 50 day moving average price is $35.91 and its two-hundred day moving average price is $36.26.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $457.50 million for the quarter, compared to analysts' expectations of $451.50 million. American Homes 4 Rent had a return on equity of 5.60% and a net margin of 23.72%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. On average, equities analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Jack E. Corrigan bought 4,000 shares of the business's stock in a transaction on Thursday, June 12th. The stock was bought at an average price of $22.93 per share, for a total transaction of $91,720.00. Following the transaction, the director directly owned 15,000 shares in the company, valued at $343,950. This represents a 36.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.01% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Royal Bank Of Canada boosted their price objective on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Keefe, Bruyette & Woods boosted 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 report on Tuesday, May 6th. Evercore ISI increased their target price on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Morgan Stanley raised their price objective on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the company an "overweight" rating in a research note on Thursday, May 22nd. Finally, Citigroup lowered American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 target price on the stock. in a report on Friday, June 6th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $40.97.

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.