Universal Beteiligungs und Servicegesellschaft mbH Invests $31.34 Million in American Homes 4 Rent (NYSE:AMH)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in American Homes 4 Rent (NYSE:AMH - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 829,000 shares of the real estate investment trust's stock, valued at approximately $31,344,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.22% of American Homes 4 Rent as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in shares of American Homes 4 Rent in the first quarter worth $29,000. Parallel Advisors LLC lifted its position in American Homes 4 Rent by 171.1% during the 1st quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 532 shares during the period. Opal Wealth Advisors LLC purchased a new stake in American Homes 4 Rent during the 1st quarter valued at about $42,000. Bellwether Advisors LLC acquired a new position in shares of American Homes 4 Rent in the fourth quarter valued at about $56,000. Finally, UMB Bank n.a. increased its holdings in shares of American Homes 4 Rent by 133.9% in the first quarter. UMB Bank n.a. now owns 3,258 shares of the real estate investment trust's stock valued at $123,000 after purchasing an additional 1,865 shares during the period. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Price Performance

AMH stock traded down $0.23 during mid-day trading on Friday, reaching $36.04. 1,207,778 shares of the company's stock were exchanged, compared to its average volume of 2,145,550. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.52 and a quick ratio of 0.52. American Homes 4 Rent has a 12-month low of $31.68 and a 12-month high of $41.41. The stock's 50 day moving average is $36.59 and its 200 day moving average is $36.27. The company has a market cap of $13.34 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 3.74 and a beta of 0.74.

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, topping the consensus estimate 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 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 company posted $0.43 EPS. The business's quarterly revenue was up 8.4% on a year-over-year basis. On average, research analysts expect that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date was Friday, June 13th. American Homes 4 Rent's dividend payout ratio is presently 111.11%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 4,000 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was acquired at an average price of $22.93 per share, with a total value of $91,720.00. Following the completion of the purchase, the director directly owned 15,000 shares of the company's stock, valued at approximately $343,950. This trade represents a 36.36% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm's stock in a transaction dated Monday, May 5th. The shares were 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 $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 Upgrades and Downgrades

A number of equities research analysts recently commented on AMH shares. Keefe, Bruyette & Woods upped their target price on American Homes 4 Rent from $38.00 to $40.00 and gave the company a "market perform" rating in a research report on Tuesday, May 6th. Raymond James Financial upped their price objective on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a report on Friday, May 9th. Wall Street Zen upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Scotiabank boosted their target price on shares of 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. Finally, Morgan Stanley upped their price target on shares of American Homes 4 Rent from $39.00 to $40.50 and gave the company an "overweight" rating in a report on Thursday, May 22nd. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, American Homes 4 Rent presently has an average rating of "Moderate Buy" and an average 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.