Uniplan Investment Counsel Inc. Sells 14,240 Shares of American Homes 4 Rent (NYSE:AMH)

Uniplan Investment Counsel Inc. reduced its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 661,545 shares of the real estate investment trust's stock after selling 14,240 shares during the quarter. American Homes 4 Rent accounts for approximately 2.3% of Uniplan Investment Counsel Inc.'s holdings, making the stock its 11th largest holding. Uniplan Investment Counsel Inc. owned about 0.18% of American Homes 4 Rent worth $24,755,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mountain Hill Investment Partners Corp. acquired a new position in shares of American Homes 4 Rent in the fourth quarter worth about $26,000. National Pension Service acquired a new position in shares of American Homes 4 Rent in the 4th quarter valued at approximately $30,000. Jones Financial Companies Lllp boosted its stake in shares of American Homes 4 Rent by 56.6% during 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 buying an additional 392 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of American Homes 4 Rent by 77.2% during 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 buying an additional 607 shares during the last quarter. Finally, Assetmark Inc. grew its position in shares of American Homes 4 Rent by 37.1% during the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after buying an additional 375 shares in the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock traded down $0.14 during midday trading on Friday, reaching $36.81. 1,561,700 shares of the stock traded hands, compared to its average volume of 2,175,906. The firm has a fifty day moving average price of $36.07 and a two-hundred day moving average price of $36.45. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week high of $41.41. The firm has a market cap of $13.62 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 3.56 and a beta of 0.73. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64.

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

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.26%. This is a positive change from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's dividend payout ratio (DPR) is 111.11%.

Analyst Ratings Changes

AMH has been the topic of a number of research analyst reports. Barclays increased their price objective on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 12th. Mizuho reduced their price target on shares of 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. Raymond James lowered their price objective on American Homes 4 Rent from $44.00 to $39.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Deutsche Bank Aktiengesellschaft downgraded American Homes 4 Rent from a "buy" rating to a "hold" rating and reduced their target price for the stock from $40.00 to $37.00 in a report on Tuesday, January 21st. Finally, Royal Bank of Canada lowered their price target on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating for the company in a report on Monday, February 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $40.14.

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.