Nomura Holdings Inc. Takes Position in American Homes 4 Rent (NYSE:AMH)

Nomura Holdings Inc. purchased a new position in American Homes 4 Rent (NYSE:AMH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 76,545 shares of the real estate investment trust's stock, valued at approximately $2,864,000.

Several other institutional investors have also modified their holdings of AMH. JPMorgan Chase & Co. grew its position in American Homes 4 Rent by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 13,115,483 shares of the real estate investment trust's stock worth $503,503,000 after buying an additional 214,242 shares during the period. Merit Financial Group LLC acquired a new stake in American Homes 4 Rent during the fourth quarter worth approximately $206,000. UMB Bank n.a. raised its stake in 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. Exchange Traded Concepts LLC raised its stake in American Homes 4 Rent by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 22,860 shares of the real estate investment trust's stock worth $855,000 after purchasing an additional 932 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of American Homes 4 Rent by 54.0% in the 4th quarter. Blue Trust Inc. now owns 8,113 shares of the real estate investment trust's stock valued at $311,000 after acquiring an additional 2,844 shares during the period. Institutional investors and hedge funds own 91.87% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMH shares. 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 company from $40.00 to $37.00 in a report on Tuesday, January 21st. Barclays lifted 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. Raymond James boosted their price target on shares of American Homes 4 Rent from $39.00 to $43.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. StockNews.com upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, Morgan Stanley upgraded shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $39.00 to $40.00 in a report on Friday, January 24th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, American Homes 4 Rent has a consensus rating of "Moderate Buy" and a consensus price target of $40.86.

Insider Transactions at American Homes 4 Rent

In related news, Director Jack E. Corrigan purchased 4,000 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was acquired at an average cost of $23.42 per share, with a total value of $93,680.00. Following the transaction, the director now owns 12,000 shares of the company's stock, valued at $281,040. This represents a 50.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sara H. Vogt-Lowell sold 42,500 shares of the stock in a transaction on 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 sale, the chief accounting officer now directly owns 99,214 shares of the company's stock, valued at $3,870,338.14. The trade was 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.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock traded up $0.06 during mid-day trading on Monday, hitting $38.79. 999,466 shares of the company's stock traded hands, compared to its average volume of 2,181,129. The firm has a 50 day simple moving average of $36.74 and a two-hundred day simple moving average of $36.47. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week high of $41.41. The stock has a market cap of $14.36 billion, a price-to-earnings ratio of 35.92, a P/E/G ratio of 3.56 and a beta of 0.78. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.01. The business had revenue of $459.28 million during the quarter, compared to the consensus estimate 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 for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 earnings per share. On average, research analysts expect that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend yield of 3.09%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio (DPR) is currently 111.11%.

About American Homes 4 Rent

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.