American Homes 4 Rent (NYSE:AMH) Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 52.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,900 shares of the real estate investment trust's stock after acquiring an additional 26,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in American Homes 4 Rent were worth $2,915,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Creative Planning lifted its position in American Homes 4 Rent by 2.4% during the third quarter. Creative Planning now owns 14,181 shares of the real estate investment trust's stock valued at $544,000 after purchasing an additional 330 shares during the last quarter. US Bancorp DE lifted its position in American Homes 4 Rent by 3.3% during the third quarter. US Bancorp DE now owns 14,896 shares of the real estate investment trust's stock valued at $572,000 after purchasing an additional 478 shares during the last quarter. Stephens Inc. AR lifted its holdings in shares of American Homes 4 Rent by 9.1% in the 3rd quarter. Stephens Inc. AR now owns 14,901 shares of the real estate investment trust's stock worth $572,000 after acquiring an additional 1,245 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of American Homes 4 Rent by 93.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,335 shares of the real estate investment trust's stock worth $90,000 after acquiring an additional 1,126 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of American Homes 4 Rent by 12.2% in the 3rd quarter. Van ECK Associates Corp now owns 143,072 shares of the real estate investment trust's stock worth $5,587,000 after acquiring an additional 15,609 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company's stock.

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Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AMH shares. Keefe, Bruyette & Woods lowered their price objective on shares of American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating for the company in a report on Wednesday, November 6th. Royal Bank of Canada lowered 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. Evercore ISI upgraded shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $41.00 to $42.00 in a report on Monday, November 11th. StockNews.com lowered shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and lowered their price target for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $40.47.

American Homes 4 Rent Stock Performance

Shares of AMH traded up $0.59 on Friday, reaching $37.04. The company's stock had a trading volume of 6,767,444 shares, compared to its average volume of 2,491,363. 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 stock has a market capitalization of $13.69 billion, a P/E ratio of 34.29, a PEG ratio of 3.56 and a beta of 0.78. The stock's 50 day simple moving average is $35.64 and its two-hundred day simple moving average is $37.27. American Homes 4 Rent has a 12-month low of $34.01 and a 12-month high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings results 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. The business 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%. Research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share 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. Investors of record on Friday, March 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.24%. The ex-dividend date is Friday, March 14th. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's payout ratio is currently 111.11%.

Insider Buying and Selling

In other news, COO Bryan Smith sold 40,000 shares of the business's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the completion of the sale, the chief operating officer now directly owns 125,580 shares of the company's stock, valued at approximately $4,746,924. The trade was a 24.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Douglas N. Benham bought 3,286 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $24.49 per share, with a total value of $80,474.14. Following the completion of the purchase, the director now directly owns 41,946 shares of the company's stock, valued at approximately $1,027,257.54. This trade represents a 8.50 % increase in their position. The disclosure for this purchase can be found here. 6.32% of the stock is currently owned by company insiders.

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.