American Homes 4 Rent (NYSE:AMH) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 276.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,891 shares of the real estate investment trust's stock after purchasing an additional 32,246 shares during the quarter. Quantinno Capital Management LP's holdings in American Homes 4 Rent were worth $1,642,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMH. Alyeska Investment Group L.P. increased its holdings in American Homes 4 Rent by 185.2% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,989,260 shares of the real estate investment trust's stock valued at $74,438,000 after buying an additional 1,291,865 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of American Homes 4 Rent by 4.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 196,084 shares of the real estate investment trust's stock worth $7,337,000 after acquiring an additional 8,370 shares during the period. Clearbridge Investments LLC increased its stake in American Homes 4 Rent by 26.3% in the 4th quarter. Clearbridge Investments LLC now owns 2,821,944 shares of the real estate investment trust's stock valued at $105,597,000 after purchasing an additional 588,302 shares in the last quarter. PGGM Investments raised its holdings in American Homes 4 Rent by 7.3% during the fourth quarter. PGGM Investments now owns 1,062,538 shares of the real estate investment trust's stock worth $39,760,000 after purchasing an additional 71,890 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in American Homes 4 Rent by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,334,035 shares of the real estate investment trust's stock worth $162,180,000 after purchasing an additional 110,022 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 4,000 shares of the stock in a transaction dated Monday, May 5th. The stock was acquired at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the completion of the purchase, the director now owns 12,000 shares in the company, valued at $281,040. This represents a 50.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm's stock in a transaction dated 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 now owns 99,214 shares in the company, valued at approximately $3,870,338.14. The trade was a 29.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.32% of the stock is currently owned by corporate insiders.

American Homes 4 Rent Trading Down 0.1%

AMH stock traded down $0.03 during midday trading on Tuesday, hitting $37.62. The stock had a trading volume of 407,408 shares, compared to its average volume of 2,180,931. The company's 50-day moving average price is $37.03 and its 200 day moving average price is $36.56. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a market cap of $13.93 billion, a PE ratio of 34.87, a price-to-earnings-growth ratio of 3.56 and a beta of 0.78. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $459.28 million for the quarter, compared to analysts' expectations of $449.00 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company's quarterly revenue was up 8.4% on a year-over-year basis. During the same period last year, the company earned $0.43 earnings per share. On average, equities research analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.30 dividend. The ex-dividend date is Friday, June 13th. This represents a $1.20 annualized dividend and a yield of 3.19%. American Homes 4 Rent's dividend payout ratio is currently 111.11%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMH. Barclays lifted their price target on American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 12th. Wall Street Zen upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Evercore ISI increased their price target 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 stock an "overweight" rating in a research note on Thursday, May 22nd. Finally, Mizuho reduced their target price on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research note on Thursday, March 13th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.89.

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.