American Homes 4 Rent (NYSE:AMH) Lifted to "Hold" at StockNews.com

StockNews.com upgraded shares of American Homes 4 Rent (NYSE:AMH - Free Report) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning.

A number of other research analysts also recently weighed in on AMH. Evercore ISI raised their price target on American Homes 4 Rent from $41.00 to $42.00 and gave the company an in-line rating in a research note on Monday, September 16th. UBS Group lifted their target price on American Homes 4 Rent from $37.00 to $40.00 and gave the stock a neutral rating in a research note on Friday, August 16th. JPMorgan Chase & Co. lifted 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. Royal Bank of Canada lifted their target price on American Homes 4 Rent from $41.00 to $42.00 and gave the stock an outperform rating in a research note on Monday, August 5th. Finally, Wells Fargo & Company upgraded American Homes 4 Rent from an equal weight rating to an overweight rating and lifted their target price for the stock from $36.00 to $42.00 in a research note on Monday, August 26th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus price target of $41.60.

American Homes 4 Rent Trading Down 0.8 %

NYSE:AMH traded down $0.30 during mid-day trading on Tuesday, hitting $38.09. The company had a trading volume of 1,945,871 shares, compared to its average volume of 2,629,782. The firm has a market cap of $13.95 billion, a P/E ratio of 38.88, a P/E/G 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. The business's fifty day moving average is $38.58 and its two-hundred day moving average is $37.01. American Homes 4 Rent has a fifty-two week low of $31.36 and a fifty-two week high of $41.41.

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

American Homes 4 Rent Dividend Announcement

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

Hedge Funds Weigh In On American Homes 4 Rent

Hedge funds and other institutional investors have recently modified their holdings of the business. V Square Quantitative Management LLC bought a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $32,000. Wetzel Investment Advisors Inc. bought a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $44,000. Opal Wealth Advisors LLC bought a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $54,000. GAMMA Investing LLC increased its stake in shares of 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 purchasing an additional 302 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position 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 acquiring an additional 310 shares during the last quarter. Institutional investors own 91.87% of the company's stock.

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.