American Homes 4 Rent (NYSE:AMH) Shares Purchased by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC boosted its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 28.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 918,850 shares of the real estate investment trust's stock after buying an additional 202,800 shares during the quarter. Ceredex Value Advisors LLC owned 0.25% of American Homes 4 Rent worth $34,383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Walleye Capital LLC purchased a new position in American Homes 4 Rent in the fourth quarter valued at about $230,000. Mariner LLC grew its position in shares of American Homes 4 Rent by 5.0% during the fourth quarter. Mariner LLC now owns 93,793 shares of the real estate investment trust's stock worth $3,510,000 after buying an additional 4,493 shares in the last quarter. Barclays PLC increased its stake in shares of American Homes 4 Rent by 95.1% in the fourth quarter. Barclays PLC now owns 676,449 shares of the real estate investment trust's stock worth $25,315,000 after buying an additional 329,648 shares during the last quarter. Townsquare Capital LLC acquired a new stake in American Homes 4 Rent in the fourth quarter valued at $222,000. Finally, Treasurer of the State of North Carolina boosted its stake in American Homes 4 Rent by 0.5% during the 4th quarter. Treasurer of the State of North Carolina now owns 152,215 shares of the real estate investment trust's stock valued at $5,696,000 after acquiring an additional 750 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AMH shares. JMP Securities restated a "market outperform" rating and issued a $41.00 target price on shares of American Homes 4 Rent in a research note 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 report on Friday, January 24th. Mizuho lowered their price target 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. Barclays raised their price objective on American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research note on Wednesday, March 12th. Finally, Scotiabank downgraded shares of American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price objective for the company. in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $40.14.

American Homes 4 Rent Stock Performance

Shares of AMH traded up $0.51 during trading hours on Friday, reaching $36.86. 1,493,523 shares of the company's stock traded hands, compared to its average volume of 2,197,750. The firm has a market capitalization of $13.64 billion, a price-to-earnings ratio of 34.13, a P/E/G ratio of 3.56 and a beta of 0.73. The business's fifty day simple moving average is $35.93 and its two-hundred day simple moving average is $36.48. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.30. The company had revenue of $436.59 million for the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. Analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's payout ratio is currently 111.11%.

American Homes 4 Rent 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.