Masterton Capital Management LP Has $12.05 Million Stock Position in American Homes 4 Rent (NYSE:AMH)

Masterton Capital Management LP grew its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 310.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 321,982 shares of the real estate investment trust's stock after purchasing an additional 243,548 shares during the period. American Homes 4 Rent comprises approximately 6.8% of Masterton Capital Management LP's investment portfolio, making the stock its 5th largest position. Masterton Capital Management LP owned 0.09% of American Homes 4 Rent worth $12,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mountain Hill Investment Partners Corp. acquired a new stake in shares of American Homes 4 Rent during the fourth quarter valued at about $26,000. National Pension Service acquired a new position in American Homes 4 Rent in the 4th quarter valued at approximately $30,000. Jones Financial Companies Lllp raised its stake in shares of 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 valued at $41,000 after acquiring an additional 392 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of American Homes 4 Rent by 77.2% during the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 607 shares during the period. Finally, Assetmark Inc. grew its stake in shares of American Homes 4 Rent by 37.1% in 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. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Stock Up 3.9 %

AMH stock traded up $1.49 during midday trading on Friday, reaching $39.38. 3,397,899 shares of the company's stock traded hands, compared to its average volume of 2,184,123. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.64. The firm's fifty day moving average price is $36.32 and its 200-day moving average price is $36.45. 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 cap of $14.58 billion, a price-to-earnings ratio of 36.46, a P/E/G ratio of 3.56 and a beta of 0.78.

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 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company had revenue of $459.28 million during the quarter, compared to the consensus estimate of $449.00 million. During the same period in the previous year, the firm posted $0.43 earnings per share. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. As a group, sell-side analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.30 per share. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.05%. American Homes 4 Rent's payout ratio is presently 111.11%.

Analyst Upgrades and Downgrades

AMH has been the topic of a number of analyst reports. Evercore ISI upped their price target on American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a research report on Friday. Morgan Stanley upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $39.00 to $40.00 in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft lowered shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and lowered their price target for the stock from $40.00 to $37.00 in a report on Tuesday, January 21st. Raymond James decreased their price objective on shares of American Homes 4 Rent from $44.00 to $39.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Finally, Royal Bank of Canada decreased their price target on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat, American Homes 4 Rent currently has a consensus rating of "Hold" and a consensus price target of $40.07.

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.