Robeco Institutional Asset Management B.V. lowered its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 25.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 323,475 shares of the real estate investment trust's stock after selling 109,895 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.09% of American Homes 4 Rent worth $12,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp boosted its holdings in shares of American Homes 4 Rent by 12.2% during the 3rd quarter. Van ECK Associates Corp now owns 143,072 shares of the real estate investment trust's stock valued at $5,587,000 after buying an additional 15,609 shares in the last quarter. Farther Finance Advisors LLC raised its stake in American Homes 4 Rent by 93.1% during the third quarter. Farther Finance Advisors LLC now owns 2,335 shares of the real estate investment trust's stock valued at $90,000 after buying an additional 1,126 shares during the last quarter. Stephens Inc. AR grew its stake in shares of American Homes 4 Rent by 9.1% in the third quarter. Stephens Inc. AR now owns 14,901 shares of the real estate investment trust's stock worth $572,000 after acquiring an additional 1,245 shares during the last quarter. US Bancorp DE grew its stake in shares of American Homes 4 Rent by 3.3% in the third quarter. US Bancorp DE now owns 14,896 shares of the real estate investment trust's stock worth $572,000 after acquiring an additional 478 shares during the last quarter. Finally, Tectonic Advisors LLC increased its position in shares of American Homes 4 Rent by 28.3% during the third quarter. Tectonic Advisors LLC now owns 171,697 shares of the real estate investment trust's stock valued at $6,591,000 after acquiring an additional 37,915 shares in the last quarter. 91.87% of the stock is owned by institutional investors.
American Homes 4 Rent Price Performance
AMH traded up $0.37 during trading on Thursday, hitting $36.74. 1,356,264 shares of the company traded hands, compared to its average volume of 2,572,809. The company has a market cap of $13.47 billion, a PE ratio of 37.89, a P/E/G ratio of 2.90 and a beta of 0.77. American Homes 4 Rent has a 1 year low of $33.75 and a 1 year high of $41.41. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.59. The stock's 50-day simple moving average is $38.48 and its two-hundred day simple moving average is $37.29.
American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.23). The firm had revenue of $445.06 million during the quarter, compared to the consensus estimate of $443.81 million. American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. As a group, sell-side analysts anticipate that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.
American Homes 4 Rent Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.83%. The ex-dividend date was Friday, September 13th. American Homes 4 Rent's payout ratio is 108.33%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on AMH shares. StockNews.com downgraded American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Thursday, October 24th. UBS Group lifted their target price on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the stock a "neutral" rating in a research report on Friday, August 16th. The Goldman Sachs Group initiated coverage on American Homes 4 Rent in a report on Wednesday, September 4th. They set a "buy" rating and a $48.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective 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. Finally, Royal Bank of Canada upped their price objective on American Homes 4 Rent from $41.00 to $42.00 and gave the company 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $41.53.
Check Out Our Latest Stock Report on American Homes 4 Rent
About American Homes 4 Rent
(
Free Report)
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.
See Also
Before you consider American Homes 4 Rent, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Homes 4 Rent wasn't on the list.
While American Homes 4 Rent currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.