4 days Ago By Defense World Staff
Envestnet Asset Management Inc. decreased its position in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 14.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 467,758 shares of the real estate investment trust’s stock after selling 75,984 shares during the period. Envestnet Asset Management Inc. owned 0.
13% of American Homes 4 Rent worth $17,503,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors also recently bought and sold shares of the company. Atria Investments Inc lifted its holdings in shares of American Homes 4 Rent by 0.
4% during the 4th quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust’s stock valued at $3,175,000 after purchasing an additional 316 shares during the last quarter. Assetmark Inc.
raised its stake in American Homes 4 Rent by 37.1% in the fourth quarter. Assetmark Inc.
now owns 1,385 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 375 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in American Homes 4 Rent by 56.6% in the fourth quarter.
Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 392 shares in the last quarter. State of Michigan Retirement System grew its stake in shares of American Homes 4 Rent by 0.5% during the fourth quarter.
State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust’s stock worth $2,810,000 after acquiring an additional 400 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of American Homes 4 Rent by 14.3% during the fourth quarter.
Steward Partners Investment Advisory LLC now owns 3,493 shares of the real estate investment trust’s stock valued at $131,000 after acquiring an additional 438 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.
American Homes 4 Rent Stock PerformanceShares of NYSE AMH opened at $36.10 on Wednesday. The company has a market capitalization of $13.
36 billion, a PE ratio of 33.42, a price-to-earnings-growth ratio of 3.56 and a beta of 0.
73. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.
58 and a current ratio of 0.76. The company’s fifty day moving average price is $35.
85 and its 200 day moving average price is $36.50. American Homes 4 Rent has a 1 year low of $31.
68 and a 1 year high of $41.41. American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its earnings results on Thursday, February 20th.
The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.
30. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.
33%. The business had revenue of $436.59 million for the quarter, compared to analyst estimates of $442.
02 million. On average, research analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.
American Homes 4 Rent Increases DividendThe business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.30 dividend.
The ex-dividend date was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.
32%. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.26.
American Homes 4 Rent’s dividend payout ratio (DPR) is currently 111.11%. Wall Street Analysts Forecast GrowthA number of analysts recently commented on the stock.
JMP Securities reissued a “market outperform” rating and set a $41.00 target price on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. Scotiabank lowered shares of American Homes 4 Rent from a “sector outperform” rating to a “sector perform” rating and set a $38.
00 price objective on the stock. in a report on Thursday, January 23rd. Royal Bank of Canada reduced their target price on American Homes 4 Rent from $40.
00 to $39.00 and set an “outperform” rating for the company in a research note on Monday, February 24th. Raymond James cut their price objective on American Homes 4 Rent from $44.
00 to $39.00 and set an “outperform” rating on the stock in a report on Friday, April 11th. Finally, Deutsche Bank Aktiengesellschaft lowered American Homes 4 Rent from a “buy” rating to a “hold” rating and dropped their target price for the company from $40.
00 to $37.00 in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock.
According to data from MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and an average target price of $40.14.
Check Out Our Latest Analysis on AMHAbout American Homes 4 Rent (Free Report)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. Featured StoriesFive stocks we like better than American Homes 4 RentWhich Wall Street Analysts are the Most Accurate?Beware of BigBear.ai: Insiders Are Selling—Should You?A Deeper Look at Bid-Ask SpreadsCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsStock Sentiment Analysis: How it WorksCongress! Who Traded What During the Tariff-Induced Meltdown Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.
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