UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 110,586 Shares of American Homes 4 Rent (NYSE:AMH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 4.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,827,468 shares of the real estate investment trust's stock after buying an additional 110,586 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.77% of American Homes 4 Rent worth $108,546,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Swedbank AB lifted its stake in American Homes 4 Rent by 14.3% in the 2nd quarter. Swedbank AB now owns 400,000 shares of the real estate investment trust's stock worth $14,864,000 after purchasing an additional 50,000 shares in the last quarter. OFI Invest Asset Management bought a new stake in shares of American Homes 4 Rent during the 2nd quarter valued at $632,000. Marshall Wace LLP bought a new stake in shares of American Homes 4 Rent in the 2nd quarter worth approximately $17,367,000. Catalyst Capital Advisors LLC purchased a new position in shares of American Homes 4 Rent in the 3rd quarter worth about $53,000. Finally, Easterly Investment Partners LLC grew its holdings in shares of American Homes 4 Rent by 96.7% during the second quarter. Easterly Investment Partners LLC now owns 248,314 shares of the real estate investment trust's stock valued at $9,227,000 after buying an additional 122,048 shares during the last quarter. Institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Stock Performance

AMH stock traded down $0.60 during mid-day trading on Monday, hitting $37.69. 1,851,064 shares of the company were exchanged, compared to its average volume of 2,533,905. 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 business has a 50 day simple moving average of $37.74 and a 200-day simple moving average of $37.50. American Homes 4 Rent has a 1-year low of $33.75 and a 1-year high of $41.41. The stock has a market capitalization of $13.93 billion, a PE ratio of 39.89, a price-to-earnings-growth ratio of 3.38 and a beta of 0.77.

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 earnings per share (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 net margin of 21.51% and a return on equity of 4.76%. The business's revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.41 earnings per share. On average, equities analysts forecast 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 announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Friday, December 13th. American Homes 4 Rent's payout ratio is 108.33%.

Analyst Ratings Changes

AMH has been the subject of several recent analyst reports. UBS Group upped 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 report on Friday, August 16th. Evercore ISI raised American Homes 4 Rent from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $41.00 to $42.00 in a research report on Monday, November 11th. Wells Fargo & Company raised American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $36.00 to $42.00 in a research report on Monday, August 26th. StockNews.com upgraded shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Monday, November 25th. Finally, JPMorgan Chase & Co. boosted their target price 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. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, American Homes 4 Rent presently has a consensus rating of "Moderate Buy" and an average price target of $41.60.

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.