Charles Schwab Investment Management Inc. Has $142.45 Million Holdings in American Homes 4 Rent (NYSE:AMH)

Charles Schwab Investment Management Inc. increased its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,961,457 shares of the real estate investment trust's stock after buying an additional 185,015 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.09% of American Homes 4 Rent worth $142,454,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC bought a new stake in shares of American Homes 4 Rent during the third quarter valued at about $26,000. Blue Trust Inc. raised its position in shares of American Homes 4 Rent by 1,091.3% during the 4th quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust's stock worth $32,000 after buying an additional 873 shares in the last quarter. Tobam lifted its stake in shares of American Homes 4 Rent by 2,192.9% in the 4th quarter. Tobam now owns 963 shares of the real estate investment trust's stock worth $35,000 after acquiring an additional 921 shares during the period. GAMMA Investing LLC bought a new position in shares of American Homes 4 Rent in the fourth quarter valued at approximately $44,000. Finally, Capital Analysts LLC increased its stake in shares of American Homes 4 Rent by 58.1% during the fourth quarter. Capital Analysts LLC now owns 1,436 shares of the real estate investment trust's stock valued at $52,000 after acquiring an additional 528 shares during the period. 91.87% of the stock is currently owned by institutional investors.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, CAO Brian Reitz sold 3,000 shares of the company's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $35.53, for a total value of $106,590.00. Following the transaction, the chief accounting officer now directly owns 35,343 shares of the company's stock, valued at approximately $1,255,736.79. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CAO Brian Reitz sold 3,000 shares of the firm's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $35.53, for a total transaction of $106,590.00. Following the transaction, the chief accounting officer now owns 35,343 shares in the company, valued at approximately $1,255,736.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Matthew J. Hart sold 7,263 shares of the company's stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $36.76, for a total transaction of $266,987.88. Following the completion of the sale, the director now owns 41,336 shares of the company's stock, valued at $1,519,511.36. The disclosure for this sale can be found here. In the last quarter, insiders purchased 14,476 shares of company stock valued at $331,919 and sold 60,263 shares valued at $2,212,078. Company insiders own 6.32% of the company's stock.

American Homes 4 Rent Stock Down 0.9 %

Shares of AMH traded down $0.33 during mid-day trading on Friday, reaching $36.07. The company's stock had a trading volume of 1,499,688 shares, compared to its average volume of 2,215,798. The company has a market cap of $13.21 billion, a price-to-earnings ratio of 36.83, a price-to-earnings-growth ratio of 2.79 and a beta of 0.70. The business has a fifty day moving average of $36.09 and a 200 day moving average of $35.57. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 0.58. American Homes 4 Rent has a 1 year low of $31.36 and a 1 year high of $37.97.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Friday, May 10th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.13). The business had revenue of $423.56 million during the quarter, compared to analysts' expectations of $421.28 million. American Homes 4 Rent had a return on equity of 5.00% and a net margin of 22.55%. The firm's revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. As a group, analysts forecast that American Homes 4 Rent will post 1.74 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.26 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.04 dividend on an annualized basis and a yield of 2.88%. American Homes 4 Rent's payout ratio is 106.12%.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft initiated coverage on American Homes 4 Rent in a research note on Tuesday, January 30th. They set a "buy" rating and a $40.00 price target for the company. StockNews.com cut shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Wednesday, March 20th. Royal Bank of Canada restated an "outperform" rating and set a $39.00 price objective on shares of American Homes 4 Rent in a research report on Monday, February 26th. Citigroup upgraded shares of American Homes 4 Rent from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $37.00 to $41.00 in a report on Friday, March 22nd. Finally, Mizuho increased their target price on shares of American Homes 4 Rent from $37.00 to $39.00 and gave the company a "buy" rating in a research note on Wednesday, March 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $39.67.

American Homes 4 Rent Company Profile

AMH NYSE: AMH is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.