American Assets Capital Advisers LLC Decreases Holdings in American Homes 4 Rent (NYSE:AMH)

American Assets Capital Advisers LLC decreased its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 13.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 71,629 shares of the real estate investment trust's stock after selling 11,522 shares during the quarter. American Homes 4 Rent accounts for approximately 0.9% of American Assets Capital Advisers LLC's holdings, making the stock its 26th biggest position. American Assets Capital Advisers LLC's holdings in American Homes 4 Rent were worth $2,680,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its position in American Homes 4 Rent by 4.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 196,084 shares of the real estate investment trust's stock valued at $7,337,000 after purchasing an additional 8,370 shares during the period. TCW Group Inc. bought a new stake in shares of American Homes 4 Rent in the third quarter worth $962,000. PGGM Investments increased its position in American Homes 4 Rent by 7.3% during the fourth quarter. PGGM Investments now owns 1,062,538 shares of the real estate investment trust's stock valued at $39,760,000 after acquiring an additional 71,890 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in American Homes 4 Rent by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,334,035 shares of the real estate investment trust's stock valued at $162,180,000 after acquiring an additional 110,022 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in American Homes 4 Rent by 9.2% in the fourth quarter. Bank of New York Mellon Corp now owns 2,958,336 shares of the real estate investment trust's stock worth $110,701,000 after purchasing an additional 248,729 shares during the last quarter. Institutional investors own 91.87% of the company's stock.

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American Homes 4 Rent Price Performance

AMH traded up $0.13 during trading on Thursday, hitting $36.48. 1,535,469 shares of the company traded hands, compared to its average volume of 2,091,981. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The company has a market cap of $13.50 billion, a PE ratio of 33.77, a P/E/G ratio of 3.56 and a beta of 0.77. The stock's 50-day simple moving average is $35.41 and its two-hundred day simple moving average is $37.03. American Homes 4 Rent has a 1 year low of $34.01 and a 1 year high of $41.41.

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

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.29%. 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 is 111.11%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AMH shares. Barclays raised their price objective on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 12th. Morgan Stanley upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $39.00 to $40.00 in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft cut American Homes 4 Rent from a "buy" rating to a "hold" rating and reduced their price target for the stock from $40.00 to $37.00 in a research report on Tuesday, January 21st. Royal Bank of Canada lowered their price objective on 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, Mizuho reduced their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $40.33.

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.