SG Americas Securities LLC Acquires 54,178 Shares of American Homes 4 Rent (NYSE:AMH)

SG Americas Securities LLC boosted its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 154.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,190 shares of the real estate investment trust's stock after buying an additional 54,178 shares during the quarter. SG Americas Securities LLC's holdings in American Homes 4 Rent were worth $3,372,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Alyeska Investment Group L.P. boosted its stake 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 worth $74,438,000 after purchasing an additional 1,291,865 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in American Homes 4 Rent by 4.5% in 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 in the last quarter. Clearbridge Investments LLC boosted its stake in 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 worth $105,597,000 after purchasing an additional 588,302 shares in the last quarter. PGGM Investments boosted 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 worth $39,760,000 after purchasing an additional 71,890 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of 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 acquiring an additional 110,022 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

Insider Transactions at American Homes 4 Rent

In related 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 now directly owns 99,214 shares of the company's stock, valued at approximately $3,870,338.14. This represents a 29.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jack E. Corrigan purchased 4,000 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, May 5th. The shares were bought at an average cost of $23.42 per share, with a total value of $93,680.00. Following the completion of the transaction, the director now directly owns 12,000 shares of the company's stock, valued at approximately $281,040. The trade was a 50.00% increase in their position. The disclosure for this purchase can be found here. 6.01% of the stock is owned by insiders.

American Homes 4 Rent Trading Up 1.1%

NYSE:AMH traded up $0.38 on Tuesday, reaching $36.44. The company's stock had a trading volume of 2,756,234 shares, compared to its average volume of 2,208,891. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.52 and a current ratio of 0.52. The firm has a market cap of $13.49 billion, a PE ratio of 33.74, a PEG ratio of 3.76 and a beta of 0.76. The business's 50-day moving average price is $37.27 and its two-hundred day moving average price is $36.47.

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

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.20 annualized dividend and a dividend yield of 3.29%. American Homes 4 Rent's dividend payout ratio is currently 111.11%.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of recent research reports. Scotiabank boosted their target price on American Homes 4 Rent from $38.00 to $41.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Barclays boosted their target price on American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 12th. Morgan Stanley boosted their target price on 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. Evercore ISI boosted their target price on American Homes 4 Rent from $40.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. Finally, Mizuho dropped their target price on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, American Homes 4 Rent presently has an average rating of "Moderate Buy" and an average target price of $40.90.

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.