Entropy Technologies LP Makes New Investment in American Homes 4 Rent (NYSE:AMH)

Entropy Technologies LP bought a new position in American Homes 4 Rent (NYSE:AMH - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,515 shares of the real estate investment trust's stock, valued at approximately $284,000.

A number of other large investors have also added to or reduced their stakes in AMH. GF Fund Management CO. LTD. grew its position in shares of American Homes 4 Rent by 5.1% during the 1st quarter. GF Fund Management CO. LTD. now owns 6,288 shares of the real estate investment trust's stock valued at $238,000 after acquiring an additional 304 shares during the period. Arizona State Retirement System grew its position in shares of American Homes 4 Rent by 0.4% during the 1st quarter. Arizona State Retirement System now owns 96,005 shares of the real estate investment trust's stock valued at $3,630,000 after acquiring an additional 366 shares during the period. Avantax Advisory Services Inc. grew its position in shares of American Homes 4 Rent by 1.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 34,995 shares of the real estate investment trust's stock valued at $1,323,000 after acquiring an additional 391 shares during the period. Bessemer Group Inc. lifted its stake in shares of 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 valued at $135,000 after buying an additional 456 shares in the last quarter. Finally, Tidal Investments LLC lifted its stake in shares of American Homes 4 Rent by 2.8% during the 4th quarter. Tidal Investments LLC now owns 16,926 shares of the real estate investment trust's stock valued at $633,000 after buying an additional 469 shares in the last quarter. Institutional investors own 91.87% of the company's stock.

Insiders Place Their Bets

In other news, Director Jack E. Corrigan acquired 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, with a total value of $91,720.00. Following the completion of the acquisition, the director owned 15,000 shares of the company's stock, valued at approximately $343,950. This represents a 36.36% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.32% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMH. Scotiabank lifted their target price on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Barclays lowered their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Wall Street Zen upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Keefe, Bruyette & Woods lifted their target price on shares of American Homes 4 Rent from $38.00 to $40.00 and gave the company a "market perform" rating in a research note on Tuesday, May 6th. Finally, Royal Bank Of Canada lifted their target price on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $40.97.

American Homes 4 Rent Stock Down 0.8%

AMH opened at $34.60 on Friday. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week 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 company has a fifty day moving average of $35.82 and a two-hundred day moving average of $36.25. The stock has a market capitalization of $12.83 billion, a price-to-earnings ratio of 31.17, a PEG ratio of 2.95 and a beta of 0.72.

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

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.

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