Uniplan Investment Counsel Inc. Sells 14,240 Shares of American Homes 4 Rent (NYSE:AMH)

Uniplan Investment Counsel Inc. reduced its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 661,545 shares of the real estate investment trust's stock after selling 14,240 shares during the quarter. American Homes 4 Rent comprises approximately 2.3% of Uniplan Investment Counsel Inc.'s portfolio, making the stock its 11th biggest holding. Uniplan Investment Counsel Inc. owned approximately 0.18% of American Homes 4 Rent worth $24,755,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Beacon Investment Advisors LLC raised its stake in shares of American Homes 4 Rent by 10.3% during the fourth 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 in the last quarter. Stifel Financial Corp raised its stake in shares of American Homes 4 Rent by 1.7% during the fourth quarter. Stifel Financial Corp now owns 50,679 shares of the real estate investment trust's stock worth $1,896,000 after acquiring an additional 870 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of American Homes 4 Rent by 49.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 18,410 shares of the real estate investment trust's stock worth $689,000 after acquiring an additional 6,101 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of American Homes 4 Rent by 21.7% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 42,204 shares of the real estate investment trust's stock worth $1,579,000 after acquiring an additional 7,533 shares in the last quarter. Finally, MetLife Investment Management LLC raised its stake in shares of American Homes 4 Rent by 9.2% during the fourth quarter. MetLife Investment Management LLC now owns 188,498 shares of the real estate investment trust's stock worth $7,054,000 after acquiring an additional 15,924 shares in the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Raymond James decreased their price target on shares of American Homes 4 Rent from $44.00 to $39.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Royal Bank of Canada cut their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. Morgan Stanley upgraded shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $39.00 to $40.00 in a report on Friday, January 24th. JMP Securities restated a "market outperform" rating and issued a $41.00 target price on shares of American Homes 4 Rent in a report on Tuesday, January 14th. Finally, Barclays lifted their price target on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, March 12th. One equities 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's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $40.14.

American Homes 4 Rent Stock Down 0.4 %

Shares of AMH traded down $0.14 during trading hours on Friday, hitting $36.81. The company had a trading volume of 1,561,700 shares, compared to its average volume of 2,178,498. The stock has a market capitalization of $13.62 billion, a price-to-earnings ratio of 34.08, a P/E/G ratio of 3.56 and a beta of 0.73. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. The firm has a fifty day moving average price of $36.07 and a 200-day moving average price of $36.43. American Homes 4 Rent has a 52-week low of $31.68 and a 52-week high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.30. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company had revenue of $436.59 million during the quarter, compared to the consensus estimate of $442.02 million. On average, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, March 14th. This is a positive change from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a yield of 3.26%. American Homes 4 Rent's payout ratio is currently 111.11%.

American Homes 4 Rent Company 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.