American Homes 4 Rent (NYSE:AMH) Given New $37.00 Price Target at Barclays

American Homes 4 Rent (NYSE:AMH - Get Free Report) had its price objective decreased by research analysts at Barclays from $39.00 to $37.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "equal weight" rating on the real estate investment trust's stock. Barclays's price target would indicate a potential upside of 6.75% from the stock's previous close.

A number of other research firms have also weighed in on AMH. Mizuho raised their price target on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the company an "outperform" rating in a research report on Thursday, October 10th. StockNews.com lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. JMP Securities reaffirmed a "market outperform" rating and set a $41.00 price target on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. Morgan Stanley raised American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $39.00 to $40.00 in a research report on Friday. Finally, Scotiabank downgraded shares of 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $40.67.

American Homes 4 Rent Stock Up 0.1 %

Shares of NYSE:AMH traded up $0.03 during midday trading on Friday, hitting $34.66. 982,411 shares of the company's stock were exchanged, compared to its average volume of 2,283,796. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. American Homes 4 Rent has a 12 month low of $33.75 and a 12 month high of $41.41. The company has a market cap of $12.81 billion, a PE ratio of 36.11, a price-to-earnings-growth ratio of 2.93 and a beta of 0.78. The stock has a 50 day moving average price of $36.84 and a 200-day moving average price of $37.56.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The company had revenue of $445.06 million for the quarter, compared to the consensus estimate of $443.81 million. During the same period in the prior year, the firm posted $0.41 earnings per share. The business's revenue for the quarter was up 5.5% on a year-over-year basis. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.77 EPS for the current fiscal year.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, COO Bryan Smith sold 40,000 shares of the firm's stock in a transaction dated 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 completion of the transaction, the chief operating officer now owns 125,580 shares in the company, valued at $4,746,924. This trade represents a 24.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Douglas N. Benham bought 3,286 shares of American Homes 4 Rent stock in a transaction on Thursday, December 5th. The shares were bought at an average cost of $24.49 per share, with a total value of $80,474.14. Following the acquisition, the director now directly owns 41,946 shares in the company, valued at approximately $1,027,257.54. This represents a 8.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 6.32% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Janus Henderson Group PLC raised its position in shares of American Homes 4 Rent by 2,150.3% in the third quarter. Janus Henderson Group PLC now owns 1,935,007 shares of the real estate investment trust's stock worth $74,276,000 after buying an additional 1,849,020 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in American Homes 4 Rent by 783.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,107,227 shares of the real estate investment trust's stock worth $42,507,000 after acquiring an additional 981,872 shares during the last quarter. FMR LLC raised its holdings in shares of American Homes 4 Rent by 12.9% in the 3rd quarter. FMR LLC now owns 8,225,592 shares of the real estate investment trust's stock valued at $315,780,000 after acquiring an additional 937,116 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of American Homes 4 Rent during the 2nd quarter valued at about $17,367,000. Finally, KBC Group NV grew its holdings in shares of American Homes 4 Rent by 553.0% during the third quarter. KBC Group NV now owns 378,819 shares of the real estate investment trust's stock worth $14,543,000 after purchasing an additional 320,805 shares in the last quarter. 91.87% of the stock is owned by institutional investors.

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.