American Homes 4 Rent (NYSE:AMH) Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 12.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 879,193 shares of the real estate investment trust's stock after buying an additional 97,765 shares during the quarter. American Century Companies Inc. owned about 0.24% of American Homes 4 Rent worth $32,899,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. National Pension Service purchased a new position in shares of American Homes 4 Rent in the fourth quarter valued at $30,000. Jones Financial Companies Lllp lifted 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 purchasing an additional 392 shares in the last quarter. UMB Bank n.a. grew its position 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 valued at $52,000 after purchasing an additional 607 shares during the last quarter. Assetmark Inc. increased its stake in shares of American Homes 4 Rent by 37.1% during the 4th 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 in the last quarter. Finally, Loomis Sayles & Co. L P raised its position in shares of American Homes 4 Rent by 3,136.2% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,521 shares of the real estate investment trust's stock worth $58,000 after purchasing an additional 1,474 shares during the last quarter. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent Trading Up 0.6 %

Shares of AMH stock traded up $0.24 during mid-day trading on Wednesday, reaching $37.89. The company's stock had a trading volume of 1,257,161 shares, compared to its average volume of 2,182,445. The company's 50 day simple moving average is $35.82 and its 200-day simple moving average is $36.84. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.64. American Homes 4 Rent has a 12-month low of $34.01 and a 12-month high of $41.41. The firm has a market capitalization of $14.02 billion, a PE ratio of 35.08, a price-to-earnings-growth ratio of 3.56 and a beta of 0.77.

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 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. On average, research analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.17%. This is a positive change from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's payout ratio is currently 111.11%.

Analyst Ratings Changes

AMH has been the subject of a number of recent research reports. Royal Bank of Canada dropped their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. JMP Securities reissued a "market outperform" rating and set a $41.00 price objective on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Mizuho lowered 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 research note on Thursday, March 13th. Morgan Stanley upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $39.00 to $40.00 in a research note on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft cut American Homes 4 Rent from a "buy" rating to a "hold" rating and lowered their price target for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, American Homes 4 Rent presently has a consensus rating of "Hold" and an average target price of $40.23.

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.