Easterly Investment Partners LLC Raises Stake in American Homes 4 Rent (NYSE:AMH)

Easterly Investment Partners LLC lifted its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 492,889 shares of the real estate investment trust's stock after purchasing an additional 17,675 shares during the period. American Homes 4 Rent accounts for about 1.4% of Easterly Investment Partners LLC's portfolio, making the stock its 10th largest position. Easterly Investment Partners LLC owned 0.13% of American Homes 4 Rent worth $18,444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mountain Hill Investment Partners Corp. acquired a new position in shares of American Homes 4 Rent during the fourth quarter valued at $26,000. National Pension Service bought a new position in American Homes 4 Rent in the fourth quarter valued at approximately $30,000. Jones Financial Companies Lllp grew its holdings in American Homes 4 Rent by 56.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after acquiring an additional 392 shares during the period. UMB Bank n.a. raised its position in shares of American Homes 4 Rent by 77.2% during 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 acquiring an additional 607 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in shares of 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 purchasing an additional 375 shares during the period. 91.87% of the stock is currently owned by institutional investors and hedge funds.

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American Homes 4 Rent Stock Up 0.4 %

AMH stock traded up $0.15 during midday trading on Monday, hitting $37.73. The company's stock had a trading volume of 1,259,826 shares, compared to its average volume of 2,172,009. The company's fifty day moving average price is $35.66 and its 200 day moving average price is $36.88. 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 has a twelve month low of $34.01 and a twelve month high of $41.41. The stock has a market capitalization of $13.96 billion, a P/E ratio of 34.93, a PEG ratio of 3.56 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $436.59 million during the quarter, compared to analysts' expectations of $442.02 million. As a group, equities research analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed 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 3.18%. The ex-dividend date is Friday, March 14th. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AMH shares. Morgan Stanley upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $39.00 to $40.00 in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft downgraded shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and cut their price target for the company from $40.00 to $37.00 in a research report on Tuesday, January 21st. StockNews.com cut shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. Mizuho cut their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a report on Thursday, March 13th. Finally, Royal Bank of Canada decreased their price target 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 investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $40.23.

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.