Van Lanschot Kempen Investment Management N.V. Lowers Position in American Homes 4 Rent (NYSE:AMH)

Van Lanschot Kempen Investment Management N.V. trimmed its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,509,149 shares of the real estate investment trust's stock after selling 69,243 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 0.41% of American Homes 4 Rent worth $56,472,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Atria Investments Inc raised its holdings in shares of American Homes 4 Rent by 0.4% in the fourth quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust's stock worth $3,175,000 after buying an additional 316 shares during the period. Assetmark Inc. lifted its position in shares of American Homes 4 Rent by 37.1% during the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 375 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of American Homes 4 Rent by 11.9% in the 4th quarter. Quadrant Capital Group LLC now owns 3,532 shares of the real estate investment trust's stock worth $132,000 after buying an additional 376 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of American Homes 4 Rent by 56.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock valued at $41,000 after acquiring an additional 392 shares in the last quarter. Finally, State of Michigan Retirement System lifted its stake in American Homes 4 Rent by 0.5% in the fourth quarter. State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust's stock worth $2,810,000 after acquiring an additional 400 shares during the period. Institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Stock Performance

AMH traded down $0.14 on Friday, reaching $36.81. 1,561,700 shares of the stock were exchanged, compared to its average volume of 2,175,906. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58. The company's 50-day moving average price is $36.07 and its 200 day moving average price is $36.45. The firm has a market capitalization of $13.62 billion, a PE ratio of 34.08, a PEG ratio of 3.56 and a beta of 0.73. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week high of $41.41.

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

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.26%. The ex-dividend date was Friday, March 14th. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft downgraded 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 report on Tuesday, January 21st. Mizuho dropped their price objective on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research report on Thursday, March 13th. 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. Finally, Raymond James cut their price objective on shares of American Homes 4 Rent from $44.00 to $39.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $40.14.

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.