Vinva Investment Management Ltd Takes $1.02 Million Position in American Homes 4 Rent (NYSE:AMH)

Vinva Investment Management Ltd purchased a new position in American Homes 4 Rent (NYSE:AMH - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 26,676 shares of the real estate investment trust's stock, valued at approximately $1,021,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Maryland Capital Advisors Inc. purchased a new position in American Homes 4 Rent during the third quarter valued at $25,000. UMB Bank n.a. lifted its position in American Homes 4 Rent by 331.9% during the third quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 604 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in American Homes 4 Rent during the second quarter valued at $32,000. Assetmark Inc. lifted its position in American Homes 4 Rent by 359.1% during the third quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 790 shares in the last quarter. Finally, Wetzel Investment Advisors Inc. purchased a new position in American Homes 4 Rent during the second quarter valued at $44,000. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent Price Performance

Shares of AMH stock traded down $0.33 during trading hours on Friday, hitting $38.29. The stock had a trading volume of 1,368,812 shares, compared to its average volume of 2,536,800. The stock's 50-day moving average price is $37.74 and its two-hundred day moving average price is $37.49. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. American Homes 4 Rent has a one year low of $33.75 and a one year high of $41.41. The stock has a market capitalization of $14.15 billion, a price-to-earnings ratio of 39.89, a PEG ratio of 3.41 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.23). American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The company had revenue of $445.06 million for the quarter, compared to the consensus estimate of $443.81 million. During the same period in the previous year, the firm earned $0.41 earnings per share. The company's revenue was up 5.5% compared to the same quarter last year. Equities analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.26 per share. The ex-dividend date is Friday, December 13th. This represents a $1.04 annualized dividend and a yield of 2.72%. American Homes 4 Rent's payout ratio is currently 108.33%.

Analysts Set New Price Targets

Several research firms recently weighed in on AMH. Keefe, Bruyette & Woods lowered their target price on American Homes 4 Rent from $39.00 to $38.00 and set a "market perform" rating on the stock in a research report on Wednesday, November 6th. Evercore ISI upgraded American Homes 4 Rent from an "in-line" rating to an "outperform" rating and boosted their price objective for the company from $41.00 to $42.00 in a research report on Monday, November 11th. Mizuho boosted their price objective on American Homes 4 Rent from $39.00 to $40.00 and gave the company an "outperform" rating in a research report on Thursday, October 10th. StockNews.com upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Monday, November 25th. Finally, Scotiabank restated an "outperform" rating and issued a $42.00 price objective on shares of American Homes 4 Rent in a research report on Wednesday, August 21st. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock 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.