Siemens Fonds Invest GmbH Acquires Shares of 24,905 American Homes 4 Rent (NYSE:AMH)

Siemens Fonds Invest GmbH bought a new position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 24,905 shares of the real estate investment trust's stock, valued at approximately $932,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Alyeska Investment Group L.P. lifted its holdings in shares of American Homes 4 Rent by 185.2% during 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 buying an additional 1,291,865 shares in the last quarter. EverSource Wealth Advisors LLC lifted 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 buying an additional 8,370 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in shares of American Homes 4 Rent by 26.3% during 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 buying an additional 588,302 shares in the last quarter. PGGM Investments lifted its holdings in shares of 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 buying an additional 71,890 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of 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 worth $162,180,000 after purchasing an additional 110,022 shares during the period. Institutional investors and hedge funds own 91.87% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AMH. Morgan Stanley raised their price target 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. Raymond James lifted their target price on American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research report on Friday, May 9th. Scotiabank lifted their target price on American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. Evercore ISI lifted their target price on 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. Finally, Barclays lifted their target price on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 12th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $40.89.

American Homes 4 Rent Stock Up 0.9%

American Homes 4 Rent stock traded up $0.34 during trading on Friday, hitting $37.84. 4,030,374 shares of the company were exchanged, compared to its average volume of 2,203,056. The business's 50 day moving average is $37.10 and its 200 day moving average is $36.56. American Homes 4 Rent has a 52 week low of $31.68 and a 52 week high of $41.41. The company has a market capitalization of $14.01 billion, a P/E ratio of 35.04, a PEG ratio of 3.56 and a beta of 0.78. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly 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. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. The business had revenue of $459.28 million during the quarter, compared to the consensus estimate of $449.00 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. American Homes 4 Rent's revenue was up 8.4% compared to the same quarter last year. Analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

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 dividend of $0.30 per share. The ex-dividend date is Friday, June 13th. This represents a $1.20 annualized dividend and a yield of 3.17%. American Homes 4 Rent's dividend payout ratio (DPR) is currently 111.11%.

Insider Buying and Selling

In other American Homes 4 Rent news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $39.01, for a total value of $1,657,925.00. Following the completion of the transaction, the chief accounting officer now owns 99,214 shares in the company, valued at $3,870,338.14. This represents a 29.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jack E. Corrigan acquired 4,000 shares of American Homes 4 Rent stock in a transaction on Monday, May 5th. The stock was acquired at an average price of $23.42 per share, with a total value of $93,680.00. Following the purchase, the director now directly owns 12,000 shares in the company, valued at approximately $281,040. This trade represents a 50.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. 6.01% of the stock is currently owned by corporate 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.