American Homes 4 Rent (NYSE:AMH) Shares Sold by Aew Capital Management L P

Aew Capital Management L P decreased its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,681,021 shares of the real estate investment trust's stock after selling 101,060 shares during the quarter. American Homes 4 Rent makes up 3.0% of Aew Capital Management L P's holdings, making the stock its 10th biggest position. Aew Capital Management L P owned about 0.45% of American Homes 4 Rent worth $62,904,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. National Pension Service acquired a new position in American Homes 4 Rent in the 4th quarter valued at $30,000. Assetmark Inc. grew its holdings in shares of American Homes 4 Rent by 359.1% during the third quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock worth $39,000 after buying an additional 790 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of American Homes 4 Rent in the third quarter valued at about $53,000. UMB Bank n.a. lifted its stake in shares of American Homes 4 Rent by 77.2% in the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock worth $52,000 after buying an additional 607 shares in the last quarter. Finally, Loomis Sayles & Co. L P boosted its position in American Homes 4 Rent by 3,136.2% during the third quarter. Loomis Sayles & Co. L P now owns 1,521 shares of the real estate investment trust's stock worth $58,000 after acquiring an additional 1,474 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company's stock.

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American Homes 4 Rent Trading Up 1.2 %

Shares of NYSE:AMH traded up $0.45 during mid-day trading on Wednesday, reaching $36.85. 2,999,705 shares of the company were exchanged, compared to its average volume of 2,507,753. American Homes 4 Rent has a 1 year low of $34.01 and a 1 year high of $41.41. 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 firm's 50-day simple moving average is $35.63 and its 200 day simple moving average is $37.24. The firm has a market cap of $13.64 billion, a price-to-earnings ratio of 34.12, a P/E/G ratio of 3.56 and a beta of 0.78.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its quarterly 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 company had revenue of $436.59 million for the quarter, compared to analysts' expectations of $442.02 million. Equities research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Tuesday, December 3rd. 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. Scotiabank lowered American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price target on the stock. in a report on Thursday, January 23rd. Royal Bank of Canada lowered their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. Finally, Evercore ISI upgraded shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and raised their price objective for the stock from $41.00 to $42.00 in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $40.47.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Douglas N. Benham bought 3,286 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average cost of $24.49 per share, for a total transaction of $80,474.14. Following the completion of the acquisition, the director now owns 41,946 shares in the company, valued at approximately $1,027,257.54. This trade represents a 8.50 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Bryan Smith sold 40,000 shares of the business's stock in a transaction on Monday, December 9th. The stock was sold at an average price of $37.80, for a total value of $1,512,000.00. Following the transaction, the chief operating officer now directly owns 125,580 shares of the company's stock, valued at $4,746,924. The trade was a 24.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.32% of the stock is currently owned by corporate insiders.

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.