American Homes 4 Rent (NYSE:AMH) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 18.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 221,935 shares of the real estate investment trust's stock after selling 50,819 shares during the period. Robeco Institutional Asset Management B.V. owned 0.06% of American Homes 4 Rent worth $8,391,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several research firms have commented on AMH. Barclays lifted their price target on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, March 12th. Morgan Stanley upped their price target on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the stock an "overweight" rating in a research report on Thursday, May 22nd. Mizuho cut their price target on shares of 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. Scotiabank boosted their price objective 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. Finally, Wall Street Zen upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.90.

American Homes 4 Rent Stock Up 0.3%

NYSE:AMH traded up $0.12 during trading hours on Monday, hitting $36.06. The stock had a trading volume of 2,366,461 shares, compared to its average volume of 2,215,568. The company has a market cap of $13.35 billion, a PE ratio of 33.39, a price-to-earnings-growth ratio of 3.74 and a beta of 0.76. The business has a 50 day simple moving average of $37.35 and a two-hundred day simple moving average of $36.39. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.63.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.01. American Homes 4 Rent had a net margin of 23.41% and a return on equity of 5.45%. The business had revenue of $459.28 million during the quarter, compared to the consensus estimate of $449.00 million. During the same period in the prior year, the firm earned $0.43 earnings per share. The business's quarterly revenue was up 8.4% compared to the same quarter last year. Analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, June 13th. This represents a $1.20 annualized dividend and a dividend yield of 3.33%. American Homes 4 Rent's dividend payout ratio is presently 111.11%.

Insider Transactions at American Homes 4 Rent

In other news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $39.01, for a total transaction of $1,657,925.00. Following the completion of the transaction, the chief accounting officer directly owned 99,214 shares in the company, valued at approximately $3,870,338.14. This represents a 29.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jack E. Corrigan purchased 4,000 shares of the firm's stock in a transaction dated Thursday, June 12th. The shares were bought at an average cost of $22.93 per share, with a total value of $91,720.00. Following the transaction, the director directly owned 15,000 shares of the company's stock, valued at approximately $343,950. This represents a 36.36% increase in their position. The disclosure for this purchase can be found here. 6.01% of the stock is currently owned by insiders.

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.