American Homes 4 Rent (NYSE:AMH) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 191,799 shares of the real estate investment trust's stock after selling 11,462 shares during the period. Nisa Investment Advisors LLC owned 0.05% of American Homes 4 Rent worth $7,177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMH. Maryland Capital Advisors Inc. purchased a new stake in American Homes 4 Rent in the third quarter valued at approximately $25,000. UMB Bank n.a. raised its position in shares of American Homes 4 Rent by 331.9% in the 3rd quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust's stock worth $30,000 after buying an additional 604 shares during the period. Assetmark Inc. boosted its holdings in American Homes 4 Rent by 359.1% in the third quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock valued at $39,000 after acquiring an additional 790 shares during the last quarter. V Square Quantitative Management LLC grew its position in American Homes 4 Rent by 31.6% during the third quarter. V Square Quantitative Management LLC now owns 1,144 shares of the real estate investment trust's stock valued at $44,000 after acquiring an additional 275 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new stake in American Homes 4 Rent during the third quarter valued at about $53,000. Hedge funds and other institutional investors own 91.87% of the company's stock.

Insider Activity

In other news, COO Bryan Smith sold 40,000 shares of American Homes 4 Rent stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $37.80, for a total value of $1,512,000.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Douglas N. Benham acquired 3,286 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average price of $24.49 per share, for a total transaction of $80,474.14. Following the purchase, the director now owns 41,946 shares of the company's stock, valued at $1,027,257.54. This trade represents a 8.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 6.32% of the company's stock.

American Homes 4 Rent Stock Down 0.1 %

Shares of NYSE:AMH traded down $0.03 during midday trading on Friday, reaching $34.60. The company had a trading volume of 2,685,734 shares, compared to its average volume of 1,814,733. The stock has a market capitalization of $12.78 billion, a P/E ratio of 36.04, a PEG ratio of 2.93 and a beta of 0.78. The stock's fifty day moving average price is $36.78 and its 200-day moving average price is $37.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. American Homes 4 Rent has a one year low of $33.75 and a one year high of $41.41.

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

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.26 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.04 annualized dividend and a dividend yield of 3.01%. American Homes 4 Rent's payout ratio is 108.33%.

Wall Street Analysts Forecast Growth

AMH has been the topic of a number of research reports. Mizuho raised their price objective on American Homes 4 Rent from $39.00 to $40.00 and gave the stock an "outperform" rating in a report on Thursday, October 10th. Deutsche Bank Aktiengesellschaft cut shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and reduced their price target for the company from $40.00 to $37.00 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 increased their price objective for the stock from $41.00 to $42.00 in a research 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, Scotiabank downgraded American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price target for the company. in a report on Thursday. One investment 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $40.67.

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.