6,823 Shares in American Homes 4 Rent (NYSE:AMH) Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC bought a new stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,823 shares of the real estate investment trust's stock, valued at approximately $255,000.

Other hedge funds have also bought and sold shares of the company. Mountain Hill Investment Partners Corp. purchased a new stake in shares of American Homes 4 Rent during the 4th quarter valued at $26,000. National Pension Service purchased a new stake in American Homes 4 Rent during the fourth quarter valued at about $30,000. Jones Financial Companies Lllp lifted its stake in American Homes 4 Rent by 56.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after purchasing an additional 392 shares during the last quarter. Assetmark Inc. lifted its stake in American Homes 4 Rent by 37.1% during the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 375 shares during the last quarter. Finally, Bellwether Advisors LLC purchased a new position in shares of American Homes 4 Rent in the 4th quarter worth about $56,000. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Stock Up 0.1%

Shares of American Homes 4 Rent stock traded up $0.05 on Monday, reaching $36.73. The company's stock had a trading volume of 1,424,678 shares, compared to its average volume of 2,198,117. American Homes 4 Rent has a 52 week low of $31.68 and a 52 week high of $41.41. The firm's fifty day simple moving average is $37.06 and its two-hundred day simple moving average is $36.55. The company has a market capitalization of $13.60 billion, a price-to-earnings ratio of 34.01, a P/E/G ratio of 3.56 and a beta of 0.76. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.64.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. The company had revenue of $459.28 million during the quarter, compared to analyst estimates of $449.00 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. American Homes 4 Rent's revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share. Equities analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Friday, June 13th. American Homes 4 Rent's dividend payout ratio is currently 111.11%.

Insiders Place Their Bets

In related news, Director Jack E. Corrigan purchased 4,000 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was bought at an average price of $23.42 per share, for a total transaction of $93,680.00. Following the completion of the transaction, the director now owns 12,000 shares in the company, valued at approximately $281,040. The trade was a 50.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm'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 sale, the chief accounting officer now 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 disclosure for this sale can be found here. Company insiders own 6.32% of the company's stock.

Analyst Ratings Changes

AMH has been the subject of a number of recent research reports. Raymond James boosted their price objective on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the stock an "outperform" rating in a report on Friday, May 9th. Barclays boosted their price objective on shares of 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. Scotiabank raised 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 note on Monday, May 12th. Royal Bank of Canada upped their price objective on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Finally, Wall Street Zen raised shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.90.

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.