8,074 Shares in American Homes 4 Rent (NYSE:AMH) Purchased by Intech Investment Management LLC

Intech Investment Management LLC purchased a new position in American Homes 4 Rent (NYSE:AMH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,074 shares of the real estate investment trust's stock, valued at approximately $302,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cibc World Markets Corp raised its stake in shares of American Homes 4 Rent by 4.8% during the fourth quarter. Cibc World Markets Corp now owns 107,192 shares of the real estate investment trust's stock valued at $4,011,000 after acquiring an additional 4,862 shares in the last quarter. Twin Tree Management LP purchased a new position in American Homes 4 Rent during the 4th quarter worth $989,000. Corient Private Wealth LLC raised its position in American Homes 4 Rent by 28.2% during the 4th quarter. Corient Private Wealth LLC now owns 10,606 shares of the real estate investment trust's stock valued at $397,000 after purchasing an additional 2,331 shares in the last quarter. Natixis Advisors LLC lifted its holdings in shares of American Homes 4 Rent by 9.9% in the 4th quarter. Natixis Advisors LLC now owns 97,398 shares of the real estate investment trust's stock worth $3,645,000 after buying an additional 8,748 shares during the period. Finally, PGGM Investments grew its position in shares of American Homes 4 Rent by 7.3% during the 4th quarter. PGGM Investments now owns 1,062,538 shares of the real estate investment trust's stock worth $39,760,000 after buying an additional 71,890 shares in the last quarter. Institutional investors own 91.87% of the company's stock.

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Analysts Set New Price Targets

AMH has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft downgraded American Homes 4 Rent from a "buy" rating to a "hold" rating and decreased their price objective for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. StockNews.com downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd. Scotiabank downgraded shares of American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price objective for the company. in a research note on Thursday, January 23rd. Mizuho lowered their target price on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $41.00 price target on shares of American Homes 4 Rent in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $40.23.

American Homes 4 Rent Stock Performance

NYSE AMH traded up $0.10 during mid-day trading on Friday, reaching $37.58. 1,286,714 shares of the stock were exchanged, compared to its average volume of 2,175,464. American Homes 4 Rent has a 1 year low of $34.01 and a 1 year high of $41.41. 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 business's 50 day moving average is $35.66 and its 200-day moving average is $36.90. The company has a market capitalization of $13.91 billion, a P/E ratio of 34.80, a P/E/G ratio of 3.56 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its 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 firm had revenue of $436.59 million for the quarter, compared to analysts' expectations of $442.02 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. On average, equities research analysts forecast 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 declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.30 dividend. The ex-dividend date is Friday, March 14th. This is a positive change from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.19%. American Homes 4 Rent's payout ratio is currently 111.11%.

American Homes 4 Rent 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.