Silvercrest Asset Management Group LLC Purchases New Stake in American Homes 4 Rent (NYSE:AMH)

Silvercrest Asset Management Group LLC bought a new stake in American Homes 4 Rent (NYSE:AMH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 932,429 shares of the real estate investment trust's stock, valued at approximately $34,891,000. Silvercrest Asset Management Group LLC owned 0.25% of American Homes 4 Rent as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMH. ProShare Advisors LLC increased its holdings in American Homes 4 Rent by 8.2% during the 4th quarter. ProShare Advisors LLC now owns 14,841 shares of the real estate investment trust's stock worth $555,000 after purchasing an additional 1,125 shares during the period. Quantinno Capital Management LP boosted its position in shares of American Homes 4 Rent by 276.9% during the 4th quarter. Quantinno Capital Management LP now owns 43,891 shares of the real estate investment trust's stock worth $1,642,000 after acquiring an additional 32,246 shares in the last quarter. Nissay Asset Management Corp Japan ADV boosted its position in shares of American Homes 4 Rent by 2.4% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 85,350 shares of the real estate investment trust's stock worth $3,166,000 after acquiring an additional 1,962 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of American Homes 4 Rent during the 4th quarter worth about $2,864,000. Finally, OMERS ADMINISTRATION Corp boosted its position in shares of American Homes 4 Rent by 20.7% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 13,651 shares of the real estate investment trust's stock worth $511,000 after acquiring an additional 2,338 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Price Performance

Shares of AMH traded down $0.18 on Tuesday, reaching $38.60. The stock had a trading volume of 1,487,720 shares, compared to its average volume of 2,179,270. The firm has a market capitalization of $14.29 billion, a PE ratio of 35.74, a PEG ratio of 3.56 and a beta of 0.78. 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 has a 50-day moving average of $36.89 and a 200 day moving average of $36.51. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41.

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 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.01. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. The firm had revenue of $459.28 million for the quarter, compared to analysts' expectations of $449.00 million. During the same quarter in the prior year, the firm earned $0.43 EPS. American Homes 4 Rent's quarterly revenue was up 8.4% on a year-over-year basis. Sell-side analysts expect that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.11%. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

Insider Transactions at American Homes 4 Rent

In related news, Director Jack E. Corrigan acquired 4,000 shares of the business's stock in a transaction on Monday, May 5th. The shares were bought at an average cost of $23.42 per share, with a total value of $93,680.00. Following the completion of the transaction, the director now directly owns 12,000 shares of the company's stock, valued at $281,040. This trade represents a 50.00% increase in their position. The purchase was disclosed in a legal filing 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 firm's stock in a transaction dated 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 transaction, the chief accounting officer now directly owns 99,214 shares in the company, valued at $3,870,338.14. This trade 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.

Analysts Set New Price Targets

Several research analysts have commented on AMH shares. Royal Bank of Canada lifted their price target on American Homes 4 Rent from $39.00 to $41.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Scotiabank boosted their price objective on American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Raymond James boosted their price objective on American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research note on Friday, May 9th. Barclays boosted their price objective 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. Finally, StockNews.com upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $40.86.

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.