American Homes 4 Rent (NYSE:AMH) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,650 shares of the real estate investment trust’s stock after purchasing an additional 1,031 shares during the quarter. Natixis Advisors LLC’s holdings in American Homes 4 Rent were worth $3,403,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Maryland Capital Advisors Inc. acquired a new position in American Homes 4 Rent during the 3rd quarter worth approximately $25,000. UMB Bank n.a. boosted its stake in shares of American Homes 4 Rent by 331.9% in the third quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 604 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of American Homes 4 Rent in the second quarter valued at approximately $32,000. Assetmark Inc. grew its holdings 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 worth $39,000 after acquiring an additional 790 shares during the period. Finally, Wetzel Investment Advisors Inc. purchased a new position in American Homes 4 Rent in the second quarter worth $44,000. 91.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on AMH. Royal Bank of Canada boosted their target price on shares of American Homes 4 Rent from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. StockNews.com lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Thursday, October 24th. The Goldman Sachs Group started coverage on shares of American Homes 4 Rent in a report on Wednesday, September 4th. They issued a “buy” rating and a $48.00 target price for the company. Mizuho boosted their price target on American Homes 4 Rent from $39.00 to $40.00 and gave the stock an “outperform” rating in a research note on Thursday, October 10th. Finally, JPMorgan Chase & Co. raised their price objective on American Homes 4 Rent from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.60.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock opened at $37.66 on Friday. The stock has a fifty day moving average price of $37.91 and a 200 day moving average price of $37.41. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.59. American Homes 4 Rent has a 52 week low of $33.75 and a 52 week high of $41.41. The firm has a market capitalization of $13.92 billion, a P/E ratio of 39.23, a PEG ratio of 3.25 and a beta of 0.77.

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

American Homes 4 Rent Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.26 per share. The ex-dividend date is Friday, December 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.76%. American Homes 4 Rent’s dividend payout ratio (DPR) is 108.33%.

American Homes 4 Rent Company Profile

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.