Marshall Wace LLP Takes Position in American Homes 4 Rent (NYSE:AMH)

Marshall Wace LLP bought a new stake in American Homes 4 Rent (NYSE:AMH - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 467,344 shares of the real estate investment trust's stock, valued at approximately $17,367,000. Marshall Wace LLP owned approximately 0.13% of American Homes 4 Rent at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMH. V Square Quantitative Management LLC acquired a new stake in shares of American Homes 4 Rent during the 2nd quarter valued at about $32,000. Wetzel Investment Advisors Inc. acquired a new position in shares of American Homes 4 Rent in the 2nd quarter worth approximately $44,000. Opal Wealth Advisors LLC bought a new position in shares of American Homes 4 Rent during the 2nd quarter worth approximately $54,000. GAMMA Investing LLC boosted its stake in American Homes 4 Rent by 24.1% in the 1st quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 302 shares in the last quarter. Finally, Quarry LP grew its position in American Homes 4 Rent by 216.3% in the fourth quarter. Quarry LP now owns 1,923 shares of the real estate investment trust's stock valued at $69,000 after acquiring an additional 1,315 shares during the period. 91.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. StockNews.com downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Monday, September 23rd. Scotiabank restated an "outperform" rating and issued a $42.00 price target on shares of American Homes 4 Rent in a research report on Wednesday, August 21st. UBS Group raised their price objective on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the stock a "neutral" rating in a report on Friday, August 16th. JPMorgan Chase & Co. increased their price target on American Homes 4 Rent from $38.00 to $43.00 and gave the stock a "neutral" rating in a research report on Monday, September 16th. Finally, Evercore ISI lifted their price objective on American Homes 4 Rent from $41.00 to $42.00 and gave the company an "in-line" rating in a research report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, American Homes 4 Rent presently has a consensus rating of "Moderate Buy" and an average price target of $41.60.

American Homes 4 Rent Stock Down 0.6 %

NYSE AMH traded down $0.23 on Friday, reaching $38.27. The company had a trading volume of 1,752,948 shares, compared to its average volume of 2,634,417. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 39.05, a price-to-earnings-growth ratio of 3.32 and a beta of 0.76. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.54 and a current ratio of 1.54. American Homes 4 Rent has a 1-year low of $31.36 and a 1-year high of $41.41. The company's fifty day moving average is $38.55 and its 200-day moving average is $36.99.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $423.50 million for the quarter, compared to the consensus estimate of $422.46 million. American Homes 4 Rent had a return on equity of 4.89% and a net margin of 21.83%. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 earnings per share. On average, research analysts forecast that American Homes 4 Rent will post 1.76 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors 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 2.72%. The ex-dividend date is Friday, September 13th. American Homes 4 Rent's dividend payout ratio is currently 106.12%.

American Homes 4 Rent 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.