Barclays PLC Has $25.32 Million Stake in American Homes 4 Rent (NYSE:AMH)

Barclays PLC raised its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 95.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 676,449 shares of the real estate investment trust's stock after purchasing an additional 329,648 shares during the quarter. Barclays PLC owned 0.18% of American Homes 4 Rent worth $25,315,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in American Homes 4 Rent by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 44,948,804 shares of the real estate investment trust's stock valued at $1,681,984,000 after buying an additional 240,583 shares during the period. Norges Bank acquired a new position in shares of American Homes 4 Rent in the 4th quarter valued at about $822,019,000. Principal Financial Group Inc. lifted its position in shares of American Homes 4 Rent by 6.8% in the fourth quarter. Principal Financial Group Inc. now owns 15,987,142 shares of the real estate investment trust's stock worth $598,232,000 after purchasing an additional 1,015,351 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of American Homes 4 Rent by 5.3% during the fourth quarter. JPMorgan Chase & Co. now owns 13,805,224 shares of the real estate investment trust's stock worth $516,591,000 after purchasing an additional 689,741 shares during the period. Finally, FMR LLC grew its position in American Homes 4 Rent by 9.2% during the fourth quarter. FMR LLC now owns 8,983,364 shares of the real estate investment trust's stock valued at $336,157,000 after purchasing an additional 757,772 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Mizuho cut their price objective on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. Morgan Stanley upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $39.00 to $40.00 in a report on Friday, January 24th. Scotiabank lowered shares of American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price target on the stock. in a research report on Thursday, January 23rd. Barclays raised their target price on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. Finally, Deutsche Bank Aktiengesellschaft lowered American Homes 4 Rent from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $40.00 to $37.00 in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, American Homes 4 Rent presently has a consensus rating of "Hold" and a consensus price target of $40.14.

American Homes 4 Rent Price Performance

NYSE AMH traded down $0.23 during trading hours on Wednesday, reaching $37.04. 1,195,392 shares of the company's stock were exchanged, compared to its average volume of 2,335,781. The firm has a fifty day moving average of $35.98 and a 200-day moving average of $36.45. American Homes 4 Rent has a one year low of $31.68 and a one year high of $41.41. The stock has a market cap of $13.71 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73. 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 announced its earnings results 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. The company had revenue of $436.59 million during the quarter, compared to analyst estimates of $442.02 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. On average, equities research analysts predict 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 disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.24%. The ex-dividend date was Friday, March 14th. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's payout ratio is 111.11%.

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.