Capital Analysts LLC Acquires 528 Shares of American Homes 4 Rent (NYSE:AMH)

Capital Analysts LLC grew its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 58.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,436 shares of the real estate investment trust’s stock after acquiring an additional 528 shares during the period. Capital Analysts LLC’s holdings in American Homes 4 Rent were worth $52,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Commonwealth Equity Services LLC raised its stake in shares of American Homes 4 Rent by 4.0% during the second quarter. Commonwealth Equity Services LLC now owns 7,685 shares of the real estate investment trust’s stock valued at $272,000 after acquiring an additional 293 shares during the last quarter. Penserra Capital Management LLC increased its position in shares of American Homes 4 Rent by 2.0% during the third quarter. Penserra Capital Management LLC now owns 15,746 shares of the real estate investment trust’s stock worth $529,000 after buying an additional 309 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of American Homes 4 Rent by 1.6% during the second quarter. The Manufacturers Life Insurance Company now owns 19,915 shares of the real estate investment trust’s stock worth $706,000 after buying an additional 320 shares during the period. Benjamin Edwards Inc. increased its position in shares of American Homes 4 Rent by 2.6% during the second quarter. Benjamin Edwards Inc. now owns 12,679 shares of the real estate investment trust’s stock worth $449,000 after buying an additional 326 shares during the period. Finally, Cornercap Investment Counsel Inc. increased its position in shares of American Homes 4 Rent by 3.2% during the fourth quarter. Cornercap Investment Counsel Inc. now owns 12,676 shares of the real estate investment trust’s stock worth $456,000 after buying an additional 391 shares during the period. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Up 0.7 %

Shares of NYSE AMH opened at $35.28 on Friday. The stock has a market capitalization of $12.92 billion, a P/E ratio of 35.28, a P/E/G ratio of 2.66 and a beta of 0.70. The company has a 50-day moving average price of $35.84 and a 200-day moving average price of $35.38. American Homes 4 Rent has a 1 year low of $31.36 and a 1 year high of $37.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.46 and a quick ratio of 0.46.

American Homes 4 Rent Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $0.26 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.22. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend was Thursday, March 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.00%.

Insider Activity

In other news, CAO Brian Reitz sold 3,000 shares of American Homes 4 Rent stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $35.53, for a total transaction of $106,590.00. Following the completion of the transaction, the chief accounting officer now directly owns 35,343 shares in the company, valued at $1,255,736.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CAO Brian Reitz sold 3,000 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $35.53, for a total transaction of $106,590.00. Following the transaction, the chief accounting officer now directly owns 35,343 shares of the company’s stock, valued at $1,255,736.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Matthew J. Hart sold 7,263 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $36.76, for a total transaction of $266,987.88. Following the transaction, the director now directly owns 41,336 shares in the company, valued at $1,519,511.36. The disclosure for this sale can be found here. Insiders sold 60,263 shares of company stock worth $2,212,078 over the last three months. 6.32% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AMH has been the subject of several recent analyst reports. BNP Paribas initiated coverage on shares of American Homes 4 Rent in a research report on Monday, January 22nd. They set an “outperform” rating and a $42.00 price objective for the company. Royal Bank of Canada reiterated an “outperform” rating and set a $39.00 price objective on shares of American Homes 4 Rent in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of American Homes 4 Rent in a research report on Tuesday, January 30th. They set a “buy” rating and a $40.00 price objective for the company. Jefferies Financial Group upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating and increased their price objective for the stock from $34.00 to $41.00 in a research report on Tuesday, January 2nd. Finally, Citigroup upgraded shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and raised their price target for the stock from $37.00 to $41.00 in a report on Friday, March 22nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $39.67.

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.