Tectonic Advisors LLC Has $6.76 Million Stock Holdings in American Homes 4 Rent (NYSE:AMH)

Tectonic Advisors LLC increased its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 180,553 shares of the real estate investment trust's stock after buying an additional 8,856 shares during the quarter. Tectonic Advisors LLC's holdings in American Homes 4 Rent were worth $6,756,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Retirement Systems of Alabama raised its position in American Homes 4 Rent by 0.4% in the fourth quarter. Retirement Systems of Alabama now owns 801,125 shares of the real estate investment trust's stock worth $29,978,000 after acquiring an additional 3,510 shares in the last quarter. Forsta AP Fonden acquired a new position in shares of American Homes 4 Rent in the 4th quarter worth approximately $1,834,000. Blue Trust Inc. lifted its stake in American Homes 4 Rent by 54.0% during the fourth quarter. Blue Trust Inc. now owns 8,113 shares of the real estate investment trust's stock valued at $311,000 after purchasing an additional 2,844 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in American Homes 4 Rent by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 22,860 shares of the real estate investment trust's stock worth $855,000 after buying an additional 932 shares in the last quarter. Finally, UMB Bank n.a. grew its position in 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 during the last quarter. Institutional investors own 91.87% of the company's stock.

Insider Activity

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

American Homes 4 Rent Stock Up 0.6 %

Shares of NYSE AMH traded up $0.21 during mid-day trading on Friday, reaching $35.54. The company had a trading volume of 1,698,537 shares, compared to its average volume of 2,262,991. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.58 and a current ratio of 0.58. American Homes 4 Rent has a twelve month low of $33.75 and a twelve month high of $41.41. The stock's 50 day moving average is $36.16 and its 200-day moving average is $37.44. The stock has a market capitalization of $13.13 billion, a PE ratio of 37.02, a price-to-earnings-growth ratio of 3.45 and a beta of 0.78.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Scotiabank lowered American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price objective for the company. in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods decreased their price target on American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating for the company in a research report on Wednesday, November 6th. Evercore ISI raised American Homes 4 Rent from an "in-line" rating to an "outperform" rating and lifted their price target for the stock from $41.00 to $42.00 in a research note on Monday, November 11th. JMP Securities reaffirmed 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. Finally, StockNews.com downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Tuesday, December 3rd. 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 stock. According to MarketBeat, American Homes 4 Rent presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.67.

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.