Invesco Ltd. Has $212.80 Million Stock Holdings in American Homes 4 Rent (NYSE:AMH)

Invesco Ltd. cut its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 10.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,628,008 shares of the real estate investment trust's stock after selling 664,765 shares during the period. Invesco Ltd. owned 1.52% of American Homes 4 Rent worth $212,795,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of American Homes 4 Rent by 15.2% in the first quarter. JPMorgan Chase & Co. now owns 15,899,721 shares of the real estate investment trust's stock worth $601,169,000 after purchasing an additional 2,094,497 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of American Homes 4 Rent by 8.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,721,356 shares of the real estate investment trust's stock worth $326,355,000 after purchasing an additional 675,077 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of American Homes 4 Rent by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,935,152 shares of the real estate investment trust's stock worth $184,670,000 after purchasing an additional 28,381 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of American Homes 4 Rent by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,366,860 shares of the real estate investment trust's stock worth $165,111,000 after purchasing an additional 32,825 shares during the period. Finally, Northern Trust Corp increased its stake in shares of American Homes 4 Rent by 40.1% in the fourth quarter. Northern Trust Corp now owns 4,183,541 shares of the real estate investment trust's stock worth $156,548,000 after purchasing an additional 1,198,471 shares during the period. 91.87% of the stock is currently owned by institutional investors.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 4,000 shares of American Homes 4 Rent stock in a transaction dated Thursday, June 12th. The shares were acquired at an average cost of $22.93 per share, with a total value of $91,720.00. Following the acquisition, the director directly owned 15,000 shares of the company's stock, valued at $343,950. The trade was a 36.36% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.32% of the stock is owned by insiders.

American Homes 4 Rent Price Performance

Shares of AMH traded up $0.20 on Friday, hitting $34.79. The company's stock had a trading volume of 1,660,062 shares, compared to its average volume of 1,975,300. The company has a market capitalization of $12.90 billion, a PE ratio of 31.34, a PEG ratio of 2.93 and a beta of 0.72. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.88 and a quick ratio of 0.88. 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 50 day moving average price of $35.78 and a 200 day moving average price of $36.25.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AMH. Wall Street Zen upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Scotiabank boosted their price target on 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. Morgan Stanley boosted their price target on 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. Royal Bank Of Canada boosted their price target on 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. Finally, Raymond James Financial boosted their price target on American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research note on Friday, May 9th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $40.97.

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.