American Homes 4 Rent (NYSE:AMH) Holdings Trimmed by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership cut its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 16.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,636 shares of the real estate investment trust's stock after selling 11,711 shares during the quarter. American Homes 4 Rent accounts for 1.4% of Foresight Group Ltd Liability Partnership's portfolio, making the stock its 13th biggest holding. Foresight Group Ltd Liability Partnership's holdings in American Homes 4 Rent were worth $2,282,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMH. TCW Group Inc. acquired a new stake in shares of American Homes 4 Rent during the 3rd quarter valued at approximately $962,000. Marshall Wace LLP purchased a new stake in American Homes 4 Rent during the second quarter worth $17,367,000. Catalyst Capital Advisors LLC acquired a new stake in American Homes 4 Rent in the third quarter valued at $53,000. Bank of Montreal Can increased its position in shares of American Homes 4 Rent by 6.6% in the second quarter. Bank of Montreal Can now owns 307,377 shares of the real estate investment trust's stock valued at $11,437,000 after buying an additional 19,143 shares in the last quarter. Finally, Swedbank AB raised its stake in shares of American Homes 4 Rent by 25.0% during the 3rd quarter. Swedbank AB now owns 500,000 shares of the real estate investment trust's stock worth $19,195,000 after buying an additional 100,000 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company's stock.

American Homes 4 Rent Stock Performance

Shares of NYSE AMH traded up $0.33 during mid-day trading on Friday, hitting $35.19. The company had a trading volume of 1,624,936 shares, compared to its average volume of 1,955,577. American Homes 4 Rent has a 12 month low of $33.75 and a 12 month high of $41.41. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. The firm's 50 day simple moving average is $37.04 and its two-hundred day simple moving average is $37.63. The stock has a market cap of $13.00 billion, a price-to-earnings ratio of 36.66, a PEG ratio of 2.96 and a beta of 0.78.

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

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date was Friday, December 13th. American Homes 4 Rent's dividend payout ratio is currently 108.33%.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMH shares. JMP Securities reiterated a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a research report on Tuesday. Evercore ISI raised shares of American Homes 4 Rent from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $41.00 to $42.00 in a research note on Monday, November 11th. StockNews.com lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Tuesday, December 3rd. Mizuho upped their target price on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the company an "outperform" rating in a research note on Thursday, October 10th. Finally, Barclays began coverage on American Homes 4 Rent in a report on Tuesday, December 17th. They issued an "equal weight" rating and a $39.00 price target for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $41.40.

Insider Buying and Selling at American Homes 4 Rent

In related news, COO Bryan Smith sold 40,000 shares of American Homes 4 Rent stock in a transaction on Monday, December 9th. The stock was sold at an average price of $37.80, for a total value of $1,512,000.00. Following the transaction, the chief operating officer now directly owns 125,580 shares in the company, valued at $4,746,924. The trade was a 24.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Douglas N. Benham bought 3,286 shares of American Homes 4 Rent 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 acquisition, the director now owns 41,946 shares of the company's stock, valued at $1,027,257.54. The trade was a 8.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 6.05% of the stock is currently owned by corporate insiders.

American Homes 4 Rent Company 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.