Charles Schwab Investment Management Inc. Increases Stock Holdings in American Homes 4 Rent (NYSE:AMH)

Charles Schwab Investment Management Inc. increased its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,224,013 shares of the real estate investment trust's stock after acquiring an additional 62,367 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.14% of American Homes 4 Rent worth $162,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of AMH. Maryland Capital Advisors Inc. purchased a new stake in American Homes 4 Rent in the third quarter valued at approximately $25,000. UMB Bank n.a. raised 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 valued at $30,000 after acquiring an additional 604 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of American Homes 4 Rent during the second quarter valued at approximately $32,000. Assetmark Inc. grew its holdings in American Homes 4 Rent by 359.1% during the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 790 shares in the last quarter. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of American Homes 4 Rent during the second quarter worth about $44,000. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Mizuho upped their target price on American Homes 4 Rent from $39.00 to $40.00 and gave the company an "outperform" rating in a report on Thursday, October 10th. Keefe, Bruyette & Woods dropped their price target 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. Scotiabank restated an "outperform" rating and set a $42.00 target price on shares of American Homes 4 Rent in a research report on Wednesday, August 21st. Wells Fargo & Company upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $36.00 to $42.00 in a research report on Monday, August 26th. Finally, Evercore ISI raised shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $41.00 to $42.00 in a report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $41.60.

American Homes 4 Rent Stock Performance

NYSE AMH traded up $0.39 during trading on Monday, reaching $38.05. The company's stock had a trading volume of 3,656,508 shares, compared to its average volume of 2,535,093. The firm has a market cap of $14.06 billion, a price-to-earnings ratio of 39.23, a P/E/G ratio of 3.25 and a beta of 0.77. The business's fifty day moving average price is $37.91 and its 200-day moving average price is $37.43. 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 has a twelve month low of $33.75 and a twelve month high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The firm had revenue of $445.06 million for the quarter, compared to analyst estimates of $443.81 million. During the same period in the previous year, the firm posted $0.41 earnings per share. The company's revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts anticipate that American Homes 4 Rent will post 1.77 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date is Friday, December 13th. American Homes 4 Rent's dividend payout ratio (DPR) is currently 108.33%.

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.