Sei Investments Co. Has $45.42 Million Holdings in American Homes 4 Rent (NYSE:AMH)

Sei Investments Co. decreased its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,213,731 shares of the real estate investment trust's stock after selling 10,371 shares during the period. Sei Investments Co. owned about 0.33% of American Homes 4 Rent worth $45,418,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in AMH. Principal Financial Group Inc. raised its stake in shares of American Homes 4 Rent by 6.8% during the 4th quarter. Principal Financial Group Inc. now owns 15,987,142 shares of the real estate investment trust's stock worth $598,232,000 after acquiring an additional 1,015,351 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of American Homes 4 Rent by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 13,115,483 shares of the real estate investment trust's stock worth $503,503,000 after acquiring an additional 214,242 shares during the period. FMR LLC lifted 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 buying an additional 937,116 shares during the period. Charles Schwab Investment Management Inc. boosted its position in American Homes 4 Rent by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,334,035 shares of the real estate investment trust's stock worth $162,180,000 after purchasing an additional 110,022 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. grew its position in American Homes 4 Rent by 5.9% during the third quarter. Duff & Phelps Investment Management Co. now owns 3,552,301 shares of the real estate investment trust's stock valued at $136,373,000 after buying an additional 199,234 shares during the period. 91.87% of the stock is currently owned by institutional investors.

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American Homes 4 Rent Stock Performance

American Homes 4 Rent stock traded up $0.10 during midday trading on Friday, reaching $37.58. 1,286,714 shares of the stock traded hands, compared to its average volume of 2,175,463. The firm has a fifty day moving average price of $35.66 and a two-hundred day moving average price of $36.92. American Homes 4 Rent has a fifty-two week low of $34.01 and a fifty-two week high of $41.41. The firm has a market cap of $13.91 billion, a price-to-earnings ratio of 34.80, a PEG ratio of 3.56 and a beta of 0.77. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64.

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. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The business had revenue of $436.59 million for the quarter, compared to analysts' expectations of $442.02 million. On average, equities research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Friday, March 14th. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AMH shares. Morgan Stanley raised shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $39.00 to $40.00 in a research note on Friday, January 24th. StockNews.com lowered shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd. JMP Securities reiterated a "market outperform" rating and issued a $41.00 price objective on shares of American Homes 4 Rent in a report on Tuesday, January 14th. Royal Bank of Canada cut their price target on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. Finally, Mizuho dropped their target price on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $40.29.

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.