Foresight Group Ltd Liability Partnership Sells 15,062 Shares of American Homes 4 Rent (NYSE:AMH)

Foresight Group Ltd Liability Partnership reduced its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 17.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,347 shares of the real estate investment trust's stock after selling 15,062 shares during the period. American Homes 4 Rent comprises about 1.2% of Foresight Group Ltd Liability Partnership's investment portfolio, making the stock its 14th biggest position. Foresight Group Ltd Liability Partnership's holdings in American Homes 4 Rent were worth $2,816,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AMH. Vanguard Group Inc. lifted its holdings in 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 during the last quarter. PGGM Investments bought a new position in shares of American Homes 4 Rent in the first quarter worth about $32,199,000. Price T Rowe Associates Inc. MD raised its stake in shares of American Homes 4 Rent by 6.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,830,756 shares of the real estate investment trust's stock worth $324,798,000 after acquiring an additional 507,307 shares during the last quarter. Marshall Wace LLP bought a new position in shares of American Homes 4 Rent in the second quarter worth about $17,367,000. Finally, American International Group Inc. raised its stake in shares of American Homes 4 Rent by 15,281.0% in the first quarter. American International Group Inc. now owns 421,131 shares of the real estate investment trust's stock worth $15,489,000 after acquiring an additional 418,393 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AMH has been the subject of a number of research analyst reports. StockNews.com downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Monday, October 14th. Evercore ISI boosted their target price 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. The Goldman Sachs Group began coverage on shares of American Homes 4 Rent in a research note on Wednesday, September 4th. They issued a "buy" rating and a $48.00 target price for the company. Mizuho lifted their price target on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the stock an "outperform" rating in a research report on Thursday, October 10th. Finally, Royal Bank of Canada lifted their price target on shares of 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $41.67.

American Homes 4 Rent Trading Up 2.4 %

NYSE:AMH traded up $0.90 during trading hours on Wednesday, hitting $39.06. The stock had a trading volume of 3,259,957 shares, compared to its average volume of 2,559,518. American Homes 4 Rent has a one year low of $31.36 and a one year high of $41.41. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.54 and a current ratio of 1.54. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 39.86, a P/E/G ratio of 3.10 and a beta of 0.76. The business's 50 day moving average is $38.86 and its 200-day moving average is $37.21.

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 company had revenue of $423.50 million for the quarter, compared to the consensus estimate of $422.46 million. During the same period in the prior year, the company earned $0.41 EPS. The firm's revenue was up 7.1% on a year-over-year basis. Sell-side analysts anticipate that American Homes 4 Rent will post 1.76 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend was Friday, September 13th. American Homes 4 Rent's payout ratio 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.