7,967 Shares in American Homes 4 Rent (NYSE:AMH) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in American Homes 4 Rent (NYSE:AMH) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,967 shares of the real estate investment trust’s stock, valued at approximately $306,000.

A number of other hedge funds also recently made changes to their positions in AMH. Quest Partners LLC grew its holdings in American Homes 4 Rent by 1,172,625.0% during the 3rd quarter. Quest Partners LLC now owns 140,727 shares of the real estate investment trust’s stock valued at $5,403,000 after purchasing an additional 140,715 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of American Homes 4 Rent by 49.0% during the third quarter. Thrivent Financial for Lutherans now owns 132,098 shares of the real estate investment trust’s stock worth $5,071,000 after buying an additional 43,417 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of American Homes 4 Rent by 1.2% in the third quarter. Natixis Advisors LLC now owns 88,650 shares of the real estate investment trust’s stock worth $3,403,000 after buying an additional 1,031 shares during the last quarter. Metis Global Partners LLC raised its holdings in American Homes 4 Rent by 23.9% in the third quarter. Metis Global Partners LLC now owns 36,564 shares of the real estate investment trust’s stock valued at $1,404,000 after acquiring an additional 7,050 shares in the last quarter. Finally, KBC Group NV boosted its stake in American Homes 4 Rent by 553.0% during the 3rd quarter. KBC Group NV now owns 378,819 shares of the real estate investment trust’s stock valued at $14,543,000 after acquiring an additional 320,805 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Price Performance

NYSE AMH opened at $37.66 on Monday. The firm has a market capitalization of $13.92 billion, a PE ratio of 39.23, a P/E/G ratio of 3.25 and a beta of 0.77. 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 12 month low of $33.75 and a 12 month high of $41.41. The company’s 50 day simple moving average is $37.91 and its 200 day simple moving average is $37.43.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results 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). American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The firm had revenue of $445.06 million for the quarter, compared to analyst estimates of $443.81 million. During the same quarter last year, the business posted $0.41 earnings per share. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities research analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have recently weighed in on AMH. The Goldman Sachs Group assumed coverage on shares of American Homes 4 Rent in a research report on Wednesday, September 4th. They issued a “buy” rating and a $48.00 target price for the company. JPMorgan Chase & Co. boosted their price objective on American Homes 4 Rent from $38.00 to $43.00 and gave the company a “neutral” rating in a report on Monday, September 16th. StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Thursday, October 24th. Mizuho boosted their price target on American Homes 4 Rent from $39.00 to $40.00 and gave the company an “outperform” rating in a report on Thursday, October 10th. Finally, Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $41.00 to $42.00 in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, American Homes 4 Rent has a consensus rating of “Moderate Buy” and an average price target of $41.60.

American Homes 4 Rent 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.