SG Americas Securities LLC Has $1.31 Million Position in American Homes 4 Rent (NYSE:AMH)

SG Americas Securities LLC lowered its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 69.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,012 shares of the real estate investment trust's stock after selling 78,423 shares during the period. SG Americas Securities LLC's holdings in American Homes 4 Rent were worth $1,310,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMH. UMB Bank n.a. increased its holdings in shares of American Homes 4 Rent by 77.2% in the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 607 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of American Homes 4 Rent during the fourth quarter worth $206,000. Everence Capital Management Inc. purchased a new stake in shares of American Homes 4 Rent during the fourth quarter valued at $323,000. GAMMA Investing LLC boosted its position in shares of American Homes 4 Rent by 14.0% in the 4th quarter. GAMMA Investing LLC now owns 4,091 shares of the real estate investment trust's stock valued at $153,000 after purchasing an additional 503 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in American Homes 4 Rent by 1.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,115,483 shares of the real estate investment trust's stock worth $503,503,000 after purchasing an additional 214,242 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on AMH shares. Keefe, Bruyette & Woods reduced 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 research note on Wednesday, November 6th. JMP Securities reaffirmed a "market outperform" rating and issued a $41.00 price objective on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. StockNews.com downgraded shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research note on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft lowered American Homes 4 Rent from a "buy" rating to a "hold" rating and reduced their target price for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. Finally, Barclays dropped their price target on American Homes 4 Rent from $39.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, American Homes 4 Rent currently has a consensus rating of "Moderate Buy" and an average price target of $40.67.

Insiders Place Their Bets

In related news, COO Bryan Smith sold 40,000 shares of American Homes 4 Rent stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the completion of the transaction, the chief operating officer now directly owns 125,580 shares of the company's stock, valued at $4,746,924. This trade represents a 24.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Douglas N. Benham acquired 3,286 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were purchased at an average cost of $24.49 per share, for a total transaction of $80,474.14. Following the completion of the purchase, the director now directly owns 41,946 shares of the company's stock, valued at approximately $1,027,257.54. The trade was a 8.50 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 6.32% of the company's stock.

American Homes 4 Rent Stock Performance

Shares of NYSE:AMH traded up $0.03 on Friday, hitting $34.59. 1,101,307 shares of the company were exchanged, compared to its average volume of 2,444,801. The company's 50 day moving average price is $36.56 and its two-hundred day moving average price is $37.49. The firm has a market capitalization of $12.78 billion, a price-to-earnings ratio of 36.03, a PEG ratio of 3.37 and a beta of 0.78. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.58 and a current ratio of 0.58. American Homes 4 Rent has a one year low of $33.75 and a one year high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates 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%. American Homes 4 Rent's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 EPS. Research analysts expect that American Homes 4 Rent will post 1.77 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.01%. The ex-dividend date was Friday, December 13th. American Homes 4 Rent's dividend payout ratio (DPR) is presently 108.33%.

American Homes 4 Rent Company Profile

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.