Brooklyn FI LLC Makes New $311,000 Investment in American Homes 4 Rent (NYSE:AMH)

Brooklyn FI LLC bought a new stake in American Homes 4 Rent (NYSE:AMH - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,320 shares of the real estate investment trust's stock, valued at approximately $311,000.

Several other hedge funds have also made changes to their positions in AMH. National Pension Service purchased a new stake in American Homes 4 Rent during the 4th quarter valued at approximately $30,000. Jones Financial Companies Lllp lifted its holdings in shares of American Homes 4 Rent by 56.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after purchasing an additional 392 shares during the period. UMB Bank n.a. grew its position in American Homes 4 Rent by 77.2% in the 4th quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 607 shares during the last quarter. Assetmark Inc. increased its stake in American Homes 4 Rent by 37.1% in the 4th quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 375 shares during the period. Finally, Loomis Sayles & Co. L P raised its position in American Homes 4 Rent by 3,136.2% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,521 shares of the real estate investment trust's stock worth $58,000 after buying an additional 1,474 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

Analyst Upgrades and Downgrades

AMH has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and lowered their target price for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. JMP Securities reiterated a "market outperform" rating and set a $41.00 target price on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. Morgan Stanley raised American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $39.00 to $40.00 in a research note on Friday, January 24th. Mizuho decreased their price target on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research note on Thursday, March 13th. Finally, StockNews.com cut American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, American Homes 4 Rent has an average rating of "Hold" and a consensus price target of $40.29.

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American Homes 4 Rent Price Performance

Shares of AMH stock traded up $0.76 during trading hours on Monday, hitting $37.14. The company's stock had a trading volume of 2,213,512 shares, compared to its average volume of 2,094,206. 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 has a twelve month low of $34.01 and a twelve month high of $41.41. The stock has a market cap of $13.74 billion, a price-to-earnings ratio of 34.38, a P/E/G ratio of 3.56 and a beta of 0.77. The business has a fifty day moving average of $35.44 and a 200-day moving average of $36.96.

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 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.30. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. The firm had revenue of $436.59 million for the quarter, compared to analysts' expectations of $442.02 million. As a group, equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.30 dividend. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 3.23%. American Homes 4 Rent's payout ratio is presently 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.