Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $6.73 Million Stake in American Homes 4 Rent (NYSE:AMH)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 40.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 179,886 shares of the real estate investment trust's stock after buying an additional 51,471 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in American Homes 4 Rent were worth $6,731,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atria Investments Inc grew its position in American Homes 4 Rent by 0.4% during the fourth quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust's stock worth $3,175,000 after buying an additional 316 shares during the period. Assetmark Inc. lifted its stake in shares of American Homes 4 Rent by 37.1% during the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 375 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after buying an additional 392 shares in the last quarter. State of Michigan Retirement System boosted its stake in American Homes 4 Rent by 0.5% during the 4th quarter. State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust's stock valued at $2,810,000 after acquiring an additional 400 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in American Homes 4 Rent by 14.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,493 shares of the real estate investment trust's stock worth $131,000 after purchasing an additional 438 shares during the period. Institutional investors and hedge funds own 91.87% of the company's stock.

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American Homes 4 Rent Stock Performance

NYSE AMH traded up $0.25 on Thursday, hitting $37.49. 2,746,413 shares of the stock were exchanged, compared to its average volume of 2,095,572. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58. The business's fifty day moving average is $35.56 and its 200 day moving average is $36.93. The company has a market capitalization of $13.88 billion, a PE ratio of 34.71, a P/E/G ratio of 3.56 and a beta of 0.77. American Homes 4 Rent has a 52 week low of $34.01 and a 52 week high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly 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. The business had revenue of $436.59 million for the quarter, compared to analyst estimates of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. Research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.20%. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. The ex-dividend date is Friday, March 14th. American Homes 4 Rent's payout ratio is presently 111.11%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMH shares. Deutsche Bank Aktiengesellschaft cut shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and cut their price objective for the company from $40.00 to $37.00 in a research note on Tuesday, January 21st. JMP Securities restated a "market outperform" rating and set a $41.00 price objective 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 lifted their price objective for the company from $39.00 to $40.00 in a research report on Friday, January 24th. StockNews.com lowered shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd. Finally, Royal Bank of Canada decreased their price objective on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a report on Monday, February 24th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $40.29.

About American Homes 4 Rent

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.