American Homes 4 Rent (NYSE:AMH) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 7.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,935,560 shares of the real estate investment trust's stock after purchasing an additional 334,358 shares during the period. Dimensional Fund Advisors LP owned 1.35% of American Homes 4 Rent worth $183,403,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in American Homes 4 Rent by 24.1% in the first quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust's stock valued at $57,000 after acquiring an additional 302 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of American Homes 4 Rent by 12.5% in the 1st quarter. Advisors Asset Management Inc. now owns 2,816 shares of the real estate investment trust's stock valued at $104,000 after purchasing an additional 314 shares during the period. Dynamic Advisor Solutions LLC increased its position in American Homes 4 Rent by 2.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 14,639 shares of the real estate investment trust's stock worth $544,000 after buying an additional 357 shares during the period. Quadrant Capital Group LLC lifted its stake in American Homes 4 Rent by 15.4% in the fourth quarter. Quadrant Capital Group LLC now owns 2,763 shares of the real estate investment trust's stock valued at $99,000 after buying an additional 369 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings in shares of American Homes 4 Rent by 0.7% in the first quarter. Atria Investments Inc now owns 72,066 shares of the real estate investment trust's stock valued at $2,651,000 after acquiring an additional 510 shares during the period. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Price Performance

Shares of NYSE AMH traded down $0.20 during midday trading on Friday, hitting $39.62. The company had a trading volume of 4,830,365 shares, compared to its average volume of 2,647,980. The firm has a market capitalization of $14.51 billion, a price-to-earnings ratio of 40.63, a price-to-earnings-growth ratio of 3.35 and a beta of 0.76. American Homes 4 Rent has a twelve month low of $31.36 and a twelve month high of $41.41. The business has a 50-day simple moving average of $38.18 and a two-hundred day simple moving average of $36.89. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.65.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.18). The company had revenue of $423.50 million for the quarter, compared to analyst estimates of $422.46 million. American Homes 4 Rent had a net margin of 21.83% and a return on equity of 4.89%. American Homes 4 Rent's revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 earnings per share. Equities research analysts anticipate that American Homes 4 Rent will post 1.76 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date is Friday, September 13th. American Homes 4 Rent's dividend payout ratio is currently 106.12%.

Analyst Ratings Changes

AMH has been the topic of a number of recent research reports. UBS Group lifted their target price on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the company a "neutral" rating in a report on Friday, August 16th. The Goldman Sachs Group started coverage on shares of American Homes 4 Rent in a report on Wednesday, September 4th. They issued a "buy" rating and a $48.00 target price for the company. StockNews.com raised American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Saturday, August 10th. Scotiabank reaffirmed an "outperform" rating and set a $42.00 price objective on shares of American Homes 4 Rent in a research note on Wednesday, August 21st. Finally, Royal Bank of Canada increased their price objective on American Homes 4 Rent from $41.00 to $42.00 and gave the stock an "outperform" rating in a research report on Monday, August 5th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $41.60.

About American Homes 4 Rent

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.