2 weeks Ago By Defense World Staff
Thrivent Financial for Lutherans decreased its holdings in shares of American Homes 4 Rent ( NYSE:AMH – Free Report ) by 53.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,681 shares of the real estate investment trust’s stock after selling 100,335 shares during the quarter.
Thrivent Financial for Lutherans’ holdings in American Homes 4 Rent were worth $3,295,000 at the end of the most recent quarter. A number of other large investors have also recently bought and sold shares of the business. V Square Quantitative Management LLC acquired a new position in American Homes 4 Rent during the 2nd quarter valued at approximately $32,000.
Wetzel Investment Advisors Inc. bought a new position in shares of American Homes 4 Rent during the second quarter worth about $44,000. Opal Wealth Advisors LLC bought a new stake in American Homes 4 Rent in the 2nd quarter valued at about $54,000.
GAMMA Investing LLC boosted its stake in American Homes 4 Rent by 24.1% during the 1st quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 302 shares during the period.
Finally, Quarry LP grew its position in American Homes 4 Rent by 216.3% in the 4th quarter. Quarry LP now owns 1,923 shares of the real estate investment trust’s stock worth $69,000 after purchasing an additional 1,315 shares during the last quarter.
Institutional investors own 91.87% of the company’s stock. Wall Street Analysts Forecast Growth AMH has been the subject of several analyst reports.
JPMorgan Chase & Co. boosted their price objective on American Homes 4 Rent from $38.00 to $43.
00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Wells Fargo & Company raised American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $36.00 to $42.
00 in a report on Monday, August 26th. UBS Group upped their price objective 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. StockNews.com lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Monday, September 23rd.
Finally, Evercore ISI increased their price objective on shares of American Homes 4 Rent from $41.00 to $42.00 and gave the company an “in-line” rating in a report on Monday, September 16th.
One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.60.
American Homes 4 Rent Trading Down 0.6 % Shares of AMH opened at $38.27 on Monday.
The business’s 50-day moving average price is $38.55 and its 200 day moving average price is $37.00.
The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.
65. The stock has a market capitalization of $14.02 billion, a P/E ratio of 39.
05, a P/E/G ratio of 3.32 and a beta of 0.76.
American Homes 4 Rent has a 1-year low of $31.36 and a 1-year high of $41.41.
American Homes 4 Rent ( NYSE:AMH – Get Free Report ) last released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
43 by ($0.18). American Homes 4 Rent had a net margin of 21.
83% and a return on equity of 4.89%. The firm had revenue of $423.
50 million for the quarter, compared to analyst estimates of $422.46 million. During the same quarter in the prior year, the firm earned $0.
41 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year.
Analysts expect that American Homes 4 Rent will post 1.76 earnings per share for the current year. American Homes 4 Rent Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th.
Stockholders of record on Friday, September 13th will be given a $0.26 dividend. The ex-dividend date is Friday, September 13th.
This represents a $1.04 annualized dividend and a dividend yield of 2.72%.
American Homes 4 Rent’s dividend payout ratio (DPR) is presently 106.12%. About American Homes 4 Rent ( Free Report ) 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. Featured Articles Five stocks we like better than American Homes 4 Rent What is a SEC Filing? Simon Property REIT: A Safe Bet for Growth and Steady Dividends Transportation Stocks Investing CarMax’s Impressive Rally: What Investors Should Watch Next How to Invest in Blue Chip Stocks MarketBeat Week in Review – 9/23 – 9/27 Receive News & Ratings for American Homes 4 Rent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Homes 4 Rent and related companies with MarketBeat.
com's FREE daily email newsletter ..
