Deutsche Bank Aktiengesellschaft Downgrades American Homes 4 Rent (NYSE:AMH) to Hold

Deutsche Bank Aktiengesellschaft cut shares of American Homes 4 Rent (NYSE:AMH - Free Report) from a buy rating to a hold rating in a research note published on Tuesday, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has $37.00 price objective on the real estate investment trust's stock, down from their prior price objective of $40.00.

Several other brokerages also recently weighed in on AMH. Evercore ISI upgraded American Homes 4 Rent from an "in-line" rating to an "outperform" rating and raised their price target for the company from $41.00 to $42.00 in a report on Monday, November 11th. StockNews.com cut shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. Barclays initiated coverage on shares of American Homes 4 Rent in a research report on Tuesday, December 17th. They set an "equal weight" rating and a $39.00 price target for the company. Keefe, Bruyette & Woods cut their target price on American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating on the stock in a research note on Wednesday, November 6th. Finally, Mizuho boosted their price target on American Homes 4 Rent from $39.00 to $40.00 and gave the stock an "outperform" rating in a research note on Thursday, October 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $41.20.

American Homes 4 Rent Stock Up 0.7 %

AMH stock traded up $0.24 during midday trading on Tuesday, hitting $35.43. The stock had a trading volume of 2,361,328 shares, compared to its average volume of 2,370,352. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market cap of $13.09 billion, a price-to-earnings ratio of 36.90, a price-to-earnings-growth ratio of 2.96 and a beta of 0.78. The business has a 50-day moving average of $36.96 and a two-hundred day moving average of $37.60. American Homes 4 Rent has a 52-week low of $33.75 and a 52-week high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $445.06 million during the quarter, compared to the consensus estimate of $443.81 million. During the same quarter in the previous year, the business earned $0.41 earnings per share. The firm's revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts forecast that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.94%. The ex-dividend date was Friday, December 13th. American Homes 4 Rent's dividend payout ratio is presently 108.33%.

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 that occurred on Monday, December 9th. The shares were sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the sale, the chief operating officer now owns 125,580 shares in the company, valued at approximately $4,746,924. This trade represents a 24.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Douglas N. Benham purchased 3,286 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were acquired at an average cost of $24.49 per share, for a total transaction of $80,474.14. Following the completion of the acquisition, the director now owns 41,946 shares of the company's stock, valued at approximately $1,027,257.54. This trade represents a 8.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 6.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Homes 4 Rent

Several large investors have recently modified their holdings of AMH. V Square Quantitative Management LLC lifted its stake in shares of American Homes 4 Rent by 31.6% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,144 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 275 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in American Homes 4 Rent by 24.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,588 shares of the real estate investment trust's stock worth $59,000 after purchasing an additional 310 shares during the period. Creative Planning lifted its position in shares of American Homes 4 Rent by 2.4% during the third quarter. Creative Planning now owns 14,181 shares of the real estate investment trust's stock worth $544,000 after purchasing an additional 330 shares during the last quarter. US Bancorp DE boosted its stake in shares of 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 valued at $572,000 after purchasing an additional 478 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of American Homes 4 Rent by 14.0% during the fourth quarter. GAMMA Investing LLC now owns 4,091 shares of the real estate investment trust's stock valued at $153,000 after purchasing an additional 503 shares during the period. Institutional investors own 91.87% of the company's stock.

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.