Susquehanna Fundamental Investments LLC Has $1.03 Million Holdings in American Homes 4 Rent (NYSE:AMH)

Susquehanna Fundamental Investments LLC lessened its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 85.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,581 shares of the real estate investment trust's stock after selling 163,825 shares during the quarter. Susquehanna Fundamental Investments LLC's holdings in American Homes 4 Rent were worth $1,025,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cohen & Steers Inc. grew its stake in shares of American Homes 4 Rent by 41.0% in the 4th quarter. Cohen & Steers Inc. now owns 8,862,999 shares of the real estate investment trust's stock valued at $318,755,000 after buying an additional 2,575,854 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in shares of American Homes 4 Rent by 180.6% during the 4th quarter. Balyasny Asset Management L.P. now owns 2,609,792 shares of the real estate investment trust's stock worth $93,848,000 after purchasing an additional 1,679,846 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of American Homes 4 Rent by 80.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,539,015 shares of the real estate investment trust's stock worth $127,263,000 after purchasing an additional 1,574,295 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of American Homes 4 Rent by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 45,673,416 shares of the real estate investment trust's stock valued at $1,679,868,000 after purchasing an additional 1,094,714 shares in the last quarter. Finally, PGGM Investments acquired a new stake in shares of American Homes 4 Rent in the 1st quarter valued at $32,199,000. Hedge funds and other institutional investors own 91.87% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on AMH. StockNews.com upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Tuesday. JPMorgan Chase & Co. boosted their target price on American Homes 4 Rent from $38.00 to $43.00 and gave the stock a "neutral" rating in a report on Monday, September 16th. The Goldman Sachs Group initiated coverage on American Homes 4 Rent in a research report on Wednesday, September 4th. They set a "buy" rating and a $48.00 target price for the company. Scotiabank reissued 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. Finally, Royal Bank of Canada upped their price objective on shares of American Homes 4 Rent from $41.00 to $42.00 and gave the stock an "outperform" rating in a report on Monday, August 5th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $41.60.

American Homes 4 Rent Stock Performance

Shares of AMH traded down $0.03 on Thursday, reaching $38.10. 1,668,400 shares of the stock traded hands, compared to its average volume of 2,618,515. The stock's 50-day moving average price is $38.66 and its 200-day moving average price is $37.03. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a market cap of $13.96 billion, a price-to-earnings ratio of 38.85, a P/E/G ratio of 3.32 and a beta of 0.76. American Homes 4 Rent has a 12 month low of $31.36 and a 12 month high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced 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). American Homes 4 Rent had a net margin of 21.83% and a return on equity of 4.89%. The business had revenue of $423.50 million during the quarter, compared to analyst estimates of $422.46 million. During the same quarter in the prior year, the company posted $0.41 EPS. The company's quarterly revenue was up 7.1% compared to the same quarter last year. Equities analysts forecast that American Homes 4 Rent will post 1.76 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend was Friday, September 13th. American Homes 4 Rent's payout ratio is 106.12%.

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.