8,300 Shares in American Homes 4 Rent (NYSE:AMH) Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP purchased a new stake in American Homes 4 Rent (NYSE:AMH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,300 shares of the real estate investment trust's stock, valued at approximately $311,000.

Other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of American Homes 4 Rent in the fourth quarter worth about $822,019,000. Invesco Ltd. increased its holdings in shares of American Homes 4 Rent by 186.2% in the fourth quarter. Invesco Ltd. now owns 6,292,773 shares of the real estate investment trust's stock valued at $235,476,000 after purchasing an additional 4,094,177 shares in the last quarter. Wellington Management Group LLP raised its position in American Homes 4 Rent by 96.2% in the 4th quarter. Wellington Management Group LLP now owns 3,191,092 shares of the real estate investment trust's stock worth $119,411,000 after purchasing an additional 1,564,994 shares during the last quarter. Alyeska Investment Group L.P. lifted its holdings in American Homes 4 Rent by 185.2% during 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 buying an additional 1,291,865 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in American Homes 4 Rent by 40.1% during the 4th quarter. Northern Trust Corp now owns 4,183,541 shares of the real estate investment trust's stock worth $156,548,000 after buying an additional 1,198,471 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

Insider Transactions at American Homes 4 Rent

In other news, CAO Sara H. Vogt-Lowell sold 42,500 shares of American Homes 4 Rent 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 completion of the transaction, the chief accounting officer now owns 99,214 shares of the company's stock, valued at $3,870,338.14. This trade represents a 29.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jack E. Corrigan acquired 4,000 shares of the stock in a transaction dated Monday, May 5th. The shares were purchased 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 directly owns 12,000 shares in the company, valued at $281,040. The trade was a 50.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 6.32% of the company's stock.

American Homes 4 Rent Stock Down 0.5%

Shares of AMH stock traded down $0.18 during trading on Friday, reaching $36.68. The company's stock had a trading volume of 2,207,567 shares, compared to its average volume of 2,201,223. American Homes 4 Rent has a one year low of $31.68 and a one year high of $41.41. The business has a fifty day moving average price of $37.06 and a 200-day moving average price of $36.55. The company has a market cap of $13.58 billion, a price-to-earnings ratio of 33.96, a price-to-earnings-growth 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 results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.01. The firm had revenue of $459.28 million for the quarter, compared to analyst estimates 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 revenue was up 8.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. Analysts anticipate 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. Shareholders of record on Friday, June 13th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

Analyst Upgrades and Downgrades

AMH has been the subject of a number of recent research reports. 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. Citigroup lowered American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 price objective for the company. in a research report on Friday. 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 boosted their price target on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Finally, Royal Bank of Canada increased their price objective on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, American Homes 4 Rent 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.