Twin Tree Management LP Invests $989,000 in American Homes 4 Rent (NYSE:AMH)

Twin Tree Management LP bought a new stake in American Homes 4 Rent (NYSE:AMH - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 26,431 shares of the real estate investment trust's stock, valued at approximately $989,000.

Several other hedge funds have also bought and sold shares of the company. National Pension Service bought a new stake in American Homes 4 Rent in the fourth quarter valued at approximately $30,000. Assetmark Inc. increased its holdings in shares of American Homes 4 Rent by 359.1% during the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock worth $39,000 after acquiring an additional 790 shares during the last quarter. Jones Financial Companies Lllp raised its stake in American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock valued at $41,000 after acquiring an additional 392 shares during the period. UMB Bank n.a. raised its stake in American Homes 4 Rent by 77.2% in the 4th quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock valued at $52,000 after acquiring an additional 607 shares during the period. Finally, Loomis Sayles & Co. L P lifted its holdings in American Homes 4 Rent by 3,136.2% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,521 shares of the real estate investment trust's stock valued at $58,000 after purchasing an additional 1,474 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented 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 on the stock. in a report on Thursday, January 23rd. Barclays raised their price objective on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 12th. Mizuho decreased their target price on American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating on the stock in a research report on Thursday, March 13th. StockNews.com lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. Finally, 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 company from $39.00 to $40.00 in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $40.33.

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American Homes 4 Rent Trading Down 0.3 %

AMH traded down $0.09 during midday trading on Friday, hitting $36.38. 4,269,742 shares of the company were exchanged, compared to its average volume of 2,095,094. American Homes 4 Rent has a 1-year low of $34.01 and a 1-year high of $41.41. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $13.46 billion, a P/E ratio of 33.68, a P/E/G ratio of 3.56 and a beta of 0.77. The firm's 50 day moving average price is $35.44 and its 200-day moving average price is $37.00.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.30. The company had revenue of $436.59 million for the quarter, compared to analyst estimates of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. As a group, equities analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from American Homes 4 Rent's previous quarterly dividend of $0.26. This represents a $1.20 annualized dividend and a yield of 3.30%. American Homes 4 Rent's payout ratio is 111.11%.

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.