American Homes 4 Rent (NYSE:AMH) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 15.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,754 shares of the real estate investment trust's stock after selling 50,721 shares during the period. Robeco Institutional Asset Management B.V. owned 0.07% of American Homes 4 Rent worth $10,206,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in American Homes 4 Rent by 2,150.3% in the third quarter. Janus Henderson Group PLC now owns 1,935,007 shares of the real estate investment trust's stock worth $74,276,000 after purchasing an additional 1,849,020 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of American Homes 4 Rent by 783.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,107,227 shares of the real estate investment trust's stock worth $42,507,000 after buying an additional 981,872 shares during the last quarter. FMR LLC grew its holdings in American Homes 4 Rent by 12.9% during the third quarter. FMR LLC now owns 8,225,592 shares of the real estate investment trust's stock valued at $315,780,000 after purchasing an additional 937,116 shares during the period. KBC Group NV raised its position in shares of American Homes 4 Rent by 553.0% during the 3rd quarter. KBC Group NV now owns 378,819 shares of the real estate investment trust's stock valued at $14,543,000 after purchasing an additional 320,805 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in American Homes 4 Rent by 112.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 457,513 shares of the real estate investment trust's stock worth $17,564,000 after purchasing an additional 242,043 shares in the last quarter. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at American Homes 4 Rent

In other news, Director Douglas N. Benham acquired 3,286 shares of the company's stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of $24.49 per share, with a total value of $80,474.14. Following the completion of the purchase, the director now owns 41,946 shares of the company's stock, valued at $1,027,257.54. This represents a 8.50 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, COO Bryan Smith sold 40,000 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $37.80, for a total value of $1,512,000.00. Following the transaction, the chief operating officer now directly owns 125,580 shares in the company, valued at approximately $4,746,924. The trade was a 24.16 % decrease in their position. The disclosure for this sale can be found here. 6.05% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AMH shares. Scotiabank downgraded shares of American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price objective for the company. in a research note on Thursday, January 23rd. StockNews.com lowered shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. Keefe, Bruyette & Woods cut their price objective on shares of American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating for the company in a report on Wednesday, November 6th. Morgan Stanley upgraded shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $39.00 to $40.00 in a research report on Friday, January 24th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $41.00 target price on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $40.67.

American Homes 4 Rent Trading Up 1.2 %

NYSE:AMH traded up $0.41 on Wednesday, reaching $35.16. The company's stock had a trading volume of 1,523,163 shares, compared to its average volume of 2,375,833. American Homes 4 Rent has a 12-month low of $33.75 and a 12-month high of $41.41. The stock has a 50 day moving average price of $36.29 and a 200 day moving average price of $37.46. The firm has a market cap of $12.99 billion, a price-to-earnings ratio of 36.62, a price-to-earnings-growth ratio of 3.38 and a beta of 0.78. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.59.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.