Fmr LLC Has $336.16 Million Stock Position in American Homes 4 Rent (NYSE:AMH)

FMR LLC increased its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,983,364 shares of the real estate investment trust's stock after buying an additional 757,772 shares during the period. FMR LLC owned about 2.43% of American Homes 4 Rent worth $336,157,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of AMH. Mountain Hill Investment Partners Corp. purchased a new stake in shares of American Homes 4 Rent in the fourth quarter valued at $26,000. National Pension Service acquired a new position in American Homes 4 Rent in the 4th quarter valued at about $30,000. 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 valued at $41,000 after purchasing an additional 392 shares in the last quarter. UMB Bank n.a. boosted its stake 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 worth $52,000 after purchasing an additional 607 shares during the last quarter. Finally, Assetmark Inc. grew its holdings 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 buying an additional 375 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Raymond James decreased their target price on shares of American Homes 4 Rent from $44.00 to $39.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Royal Bank of Canada lowered their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. Mizuho reduced their target price on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research report on Thursday, March 13th. Scotiabank lowered American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price target on the stock. in a research note on Thursday, January 23rd. Finally, Barclays upped their price objective on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $40.14.

American Homes 4 Rent Stock Up 1.0 %

Shares of NYSE:AMH traded up $0.36 during midday trading on Wednesday, hitting $36.48. 226,946 shares of the company's stock traded hands, compared to its average volume of 2,372,735. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $41.41. The company has a market cap of $13.50 billion, a PE ratio of 33.78, a P/E/G ratio of 3.56 and a beta of 0.73. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. The firm's fifty day moving average price is $35.85 and its two-hundred day moving average price is $36.50.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings data 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. 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 for the quarter, compared to analysts' expectations of $442.02 million. On average, equities 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 company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $0.30 dividend. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. The ex-dividend date was Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 3.29%. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

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.