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American Homes 4 Rent (NYSE:AMH) Stake Raised by Charles Schwab Investment Management Inc.

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Charles Schwab Investment Management Inc. boosted its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,334,035 shares of the real estate investment trust's stock after purchasing an additional 110,022 shares during the period. Charles Schwab Investment Management Inc. owned about 1.17% of American Homes 4 Rent worth $162,180,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE raised its position in American Homes 4 Rent by 3.3% during the third quarter. US Bancorp DE now owns 14,896 shares of the real estate investment trust's stock worth $572,000 after acquiring an additional 478 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of American Homes 4 Rent by 93.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,335 shares of the real estate investment trust's stock worth $90,000 after purchasing an additional 1,126 shares during the last quarter. Van ECK Associates Corp raised its position in shares of American Homes 4 Rent by 12.2% during the 3rd quarter. Van ECK Associates Corp now owns 143,072 shares of the real estate investment trust's stock worth $5,587,000 after purchasing an additional 15,609 shares during the last quarter. Easterly Investment Partners LLC lifted its stake in American Homes 4 Rent by 91.4% in the 3rd quarter. Easterly Investment Partners LLC now owns 475,214 shares of the real estate investment trust's stock valued at $18,243,000 after buying an additional 226,900 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in American Homes 4 Rent by 359.1% during the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock valued at $39,000 after buying an additional 790 shares during the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

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American Homes 4 Rent Stock Down 1.0 %

Shares of NYSE AMH traded down $0.37 on Tuesday, hitting $35.64. The company had a trading volume of 2,661,924 shares, compared to its average volume of 2,496,598. The firm has a market capitalization of $13.19 billion, a P/E ratio of 33.00, a PEG ratio of 3.56 and a beta of 0.77. 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 business has a 50 day moving average of $35.57 and a two-hundred day moving average of $37.18.

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 (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $436.59 million during the quarter, compared to the consensus estimate of $442.02 million. As a group, equities research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.30 per share. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.37%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Analyst Ratings Changes

AMH has been the topic of a number of analyst reports. StockNews.com lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd. Royal Bank of Canada lowered their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a report on Monday, February 24th. Evercore ISI raised shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and boosted their price objective for the company from $41.00 to $42.00 in a research report on Monday, November 11th. Deutsche Bank Aktiengesellschaft lowered shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and decreased their target price for the stock from $40.00 to $37.00 in a research report on Tuesday, January 21st. Finally, JMP Securities reiterated a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $40.47.

View Our Latest Report on AMH

About American Homes 4 Rent

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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