Price T Rowe Associates Inc. MD Has $326.36 Million Position in American Homes 4 Rent (NYSE:AMH)

Price T Rowe Associates Inc. MD boosted its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,721,356 shares of the real estate investment trust's stock after acquiring an additional 675,077 shares during the period. Price T Rowe Associates Inc. MD owned 2.36% of American Homes 4 Rent worth $326,355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Steel Grove Capital Advisors LLC acquired a new stake in shares of American Homes 4 Rent during the 4th quarter worth approximately $126,000. Hsbc Holdings PLC boosted its stake in American Homes 4 Rent by 44.0% in the fourth quarter. Hsbc Holdings PLC now owns 521,293 shares of the real estate investment trust's stock valued at $19,461,000 after acquiring an additional 159,371 shares during the last quarter. Beacon Investment Advisors LLC grew its holdings in American Homes 4 Rent by 10.3% during the 4th quarter. Beacon Investment Advisors LLC now owns 8,005 shares of the real estate investment trust's stock worth $300,000 after acquiring an additional 750 shares during the period. Stifel Financial Corp raised its position in shares of American Homes 4 Rent by 1.7% during the 4th quarter. Stifel Financial Corp now owns 50,679 shares of the real estate investment trust's stock valued at $1,896,000 after acquiring an additional 870 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of American Homes 4 Rent by 49.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 18,410 shares of the real estate investment trust's stock valued at $689,000 after purchasing an additional 6,101 shares during the period. 91.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AMH shares. Raymond James decreased their price objective on American Homes 4 Rent from $44.00 to $39.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Barclays upped their price target on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft downgraded shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and cut their price target for the company from $40.00 to $37.00 in a research report on Tuesday, January 21st. Royal Bank of Canada decreased their price objective on shares of 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. Finally, Morgan Stanley upgraded shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $39.00 to $40.00 in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, American Homes 4 Rent has an average rating of "Hold" and a consensus target price of $40.14.

American Homes 4 Rent Stock Up 0.7 %

American Homes 4 Rent stock traded up $0.27 during midday trading on Thursday, reaching $37.66. The stock had a trading volume of 813,421 shares, compared to its average volume of 2,172,174. The stock has a market capitalization of $13.94 billion, a P/E ratio of 34.86, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73. The firm's fifty day simple moving average is $36.18 and its 200-day simple moving average is $36.44. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.30. The company had revenue of $436.59 million for the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. As a group, analysts expect that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 annualized dividend and a yield of 3.19%. American Homes 4 Rent's dividend payout ratio is 111.11%.

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.