BNP Paribas Financial Markets Has $17.56 Million Stock Position in American Homes 4 Rent (NYSE:AMH)

BNP Paribas Financial Markets raised its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 112.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 457,513 shares of the real estate investment trust's stock after purchasing an additional 242,043 shares during the period. BNP Paribas Financial Markets owned 0.12% of American Homes 4 Rent worth $17,564,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMH. Maryland Capital Advisors Inc. acquired a new stake in shares of American Homes 4 Rent in the 3rd quarter worth $25,000. UMB Bank n.a. increased its stake in shares of American Homes 4 Rent by 331.9% in the 3rd quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 604 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $32,000. Assetmark Inc. increased its stake in shares of American Homes 4 Rent by 359.1% in the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock worth $39,000 after acquiring an additional 790 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $44,000. Hedge funds and other institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Trading Down 0.9 %

American Homes 4 Rent stock traded down $0.33 during mid-day trading on Friday, hitting $38.29. 1,368,812 shares of the company's stock were exchanged, compared to its average volume of 2,091,457. The firm has a market capitalization of $14.15 billion, a P/E ratio of 39.89, a PEG ratio of 3.38 and a beta of 0.77. American Homes 4 Rent has a fifty-two week low of $33.75 and a fifty-two week high of $41.41. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.59. The company's 50 day simple moving average is $37.74 and its 200-day simple moving average is $37.50.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate 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 company 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 EPS. American Homes 4 Rent's revenue was up 5.5% on a year-over-year basis. On average, equities analysts anticipate that American Homes 4 Rent will post 1.77 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.04 annualized dividend and a yield of 2.72%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 108.33%.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of recent research reports. Mizuho raised their target price 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. Wells Fargo & Company raised American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $36.00 to $42.00 in a research report on Monday, August 26th. Royal Bank of Canada raised their price objective on American Homes 4 Rent from $41.00 to $42.00 and gave the stock an "outperform" rating in a research report on Monday, August 5th. JPMorgan Chase & Co. raised their price objective on American Homes 4 Rent from $38.00 to $43.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. Finally, UBS Group raised their price objective on American Homes 4 Rent from $37.00 to $40.00 and gave the stock a "neutral" rating in a research report on Friday, August 16th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $41.60.

American Homes 4 Rent Profile

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.