American Homes 4 Rent (NYSE:AMH) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 44.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 113,435 shares of the real estate investment trust's stock after acquiring an additional 34,947 shares during the period. SG Americas Securities LLC's holdings in American Homes 4 Rent were worth $4,355,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. V Square Quantitative Management LLC purchased a new position in American Homes 4 Rent during the 2nd quarter valued at about $32,000. Wetzel Investment Advisors Inc. purchased a new position in shares of American Homes 4 Rent in the second quarter valued at approximately $44,000. Opal Wealth Advisors LLC acquired a new position in shares of American Homes 4 Rent in the second quarter valued at approximately $54,000. GAMMA Investing LLC increased its stake in American Homes 4 Rent by 24.1% during the 1st quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust's stock worth $57,000 after buying an additional 302 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in American Homes 4 Rent by 24.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,588 shares of the real estate investment trust's stock worth $59,000 after buying an additional 310 shares in the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on AMH. Evercore ISI boosted their price target on shares of American Homes 4 Rent from $41.00 to $42.00 and gave the stock an "in-line" rating in a research note on Monday, September 16th. 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 research note on Monday, September 16th. Wells Fargo & Company raised American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $36.00 to $42.00 in a research report on Monday, August 26th. Scotiabank reissued an "outperform" rating and set a $42.00 price objective on shares of American Homes 4 Rent in a research report on Wednesday, August 21st. Finally, 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 on the stock. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, American Homes 4 Rent has a consensus rating of "Moderate Buy" and an average target price of $41.60.

American Homes 4 Rent Stock Performance

Shares of AMH traded down $0.49 during mid-day trading on Monday, reaching $37.85. 1,612,998 shares of the company's stock were exchanged, compared to its average volume of 2,610,238. The business's fifty day simple moving average is $38.82 and its 200-day simple moving average is $37.08. The stock has a market capitalization of $13.87 billion, a PE ratio of 38.62, a price-to-earnings-growth ratio of 3.32 and a beta of 0.76. American Homes 4 Rent has a 52-week low of $31.36 and a 52-week high of $41.41. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.54.

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

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a $0.26 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.75%. American Homes 4 Rent's dividend payout ratio (DPR) is 106.12%.

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.