American Homes 4 Rent (NYSE:AMH) Stock Position Boosted by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,948,804 shares of the real estate investment trust's stock after acquiring an additional 240,583 shares during the period. Vanguard Group Inc. owned about 12.16% of American Homes 4 Rent worth $1,681,984,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AMH. Principal Financial Group Inc. boosted its holdings in American Homes 4 Rent by 6.8% in the fourth quarter. Principal Financial Group Inc. now owns 15,987,142 shares of the real estate investment trust's stock valued at $598,232,000 after purchasing an additional 1,015,351 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of American Homes 4 Rent by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 13,115,483 shares of the real estate investment trust's stock worth $503,503,000 after buying an additional 214,242 shares in the last quarter. FMR LLC increased its stake in shares of American Homes 4 Rent by 12.9% in the third quarter. FMR LLC now owns 8,225,592 shares of the real estate investment trust's stock worth $315,780,000 after buying an additional 937,116 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in American Homes 4 Rent by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,334,035 shares of the real estate investment trust's stock valued at $162,180,000 after acquiring an additional 110,022 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. boosted its stake in American Homes 4 Rent by 5.9% during the 3rd quarter. Duff & Phelps Investment Management Co. now owns 3,552,301 shares of the real estate investment trust's stock valued at $136,373,000 after acquiring an additional 199,234 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMH shares. JMP Securities reissued a "market outperform" rating and issued a $41.00 target price on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. StockNews.com lowered American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Tuesday, December 3rd. 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. Morgan Stanley upgraded American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $39.00 to $40.00 in a research report on Friday, January 24th. Finally, Royal Bank of Canada dropped their price target on American Homes 4 Rent from $40.00 to $39.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, American Homes 4 Rent currently has an average rating of "Hold" and an average price target of $40.23.

American Homes 4 Rent Stock Performance

Shares of AMH stock traded up $0.29 during trading hours on Monday, reaching $37.87. The stock had a trading volume of 3,710,520 shares, compared to its average volume of 2,181,580. The firm has a market capitalization of $14.02 billion, a PE ratio of 35.06, a price-to-earnings-growth ratio of 3.56 and a beta of 0.77. The firm has a 50-day simple moving average of $35.71 and a 200-day simple moving average of $36.86. American Homes 4 Rent has a twelve month low of $34.01 and a twelve month high of $41.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58.

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 EPS for the quarter, beating the consensus estimate 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 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 3.17%. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. American Homes 4 Rent's payout ratio is presently 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.