Aptus Capital Advisors LLC Has $3.94 Million Stake in American Homes 4 Rent (NYSE:AMH)

Aptus Capital Advisors LLC raised its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 15.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,536 shares of the real estate investment trust's stock after purchasing an additional 13,649 shares during the quarter. Aptus Capital Advisors LLC's holdings in American Homes 4 Rent were worth $3,936,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMH. Vanguard Group Inc. lifted its holdings in shares of American Homes 4 Rent by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 45,673,416 shares of the real estate investment trust's stock worth $1,679,868,000 after purchasing an additional 1,094,714 shares during the last quarter. PGGM Investments bought a new position in American Homes 4 Rent during the first quarter valued at about $32,199,000. Price T Rowe Associates Inc. MD raised its position in American Homes 4 Rent by 6.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,830,756 shares of the real estate investment trust's stock worth $324,798,000 after acquiring an additional 507,307 shares in the last quarter. Marshall Wace LLP acquired a new stake in American Homes 4 Rent in the 2nd quarter valued at about $17,367,000. Finally, American International Group Inc. grew its stake in shares of American Homes 4 Rent by 15,281.0% in the 1st quarter. American International Group Inc. now owns 421,131 shares of the real estate investment trust's stock worth $15,489,000 after purchasing an additional 418,393 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

American Homes 4 Rent Stock Down 1.2 %

NYSE AMH traded down $0.45 on Thursday, reaching $37.51. The company had a trading volume of 1,746,420 shares, compared to its average volume of 2,566,323. The company's fifty day moving average is $38.25 and its 200-day moving average is $37.35. American Homes 4 Rent has a 1-year low of $33.75 and a 1-year high of $41.41. The firm has a market capitalization of $13.86 billion, a price-to-earnings ratio of 39.26, a price-to-earnings-growth ratio of 3.22 and a beta of 0.77. 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 (NYSE:AMH - Get Free Report) last released its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The business had revenue of $445.06 million during the quarter, compared to the consensus estimate of $443.81 million. During the same period last year, the business posted $0.41 EPS. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. On average, research analysts forecast that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend is Friday, December 13th. American Homes 4 Rent's dividend payout ratio (DPR) is presently 108.33%.

Analyst Ratings Changes

Several research analysts have recently weighed in on AMH shares. Wells Fargo & Company raised shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $36.00 to $42.00 in a research report on Monday, August 26th. Royal Bank of Canada raised their price target on shares of American Homes 4 Rent from $41.00 to $42.00 and gave the stock an "outperform" rating in a report on Monday, August 5th. Keefe, Bruyette & Woods cut their target price on shares of 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. JPMorgan Chase & Co. upped their price target on shares of American Homes 4 Rent from $38.00 to $43.00 and gave the stock a "neutral" rating in a research note on Monday, September 16th. Finally, Scotiabank reiterated an "outperform" rating and issued a $42.00 target price on shares of American Homes 4 Rent in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $41.60.

About American Homes 4 Rent

AMH NYSE: AMH is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.