Pensionfund DSM Netherlands Has $1.88 Million Position in American Homes 4 Rent (NYSE:AMH)

Pensionfund DSM Netherlands grew its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 18.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,000 shares of the real estate investment trust’s stock after acquiring an additional 8,000 shares during the period. Pensionfund DSM Netherlands’ holdings in American Homes 4 Rent were worth $1,876,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC acquired a new stake in American Homes 4 Rent during the 3rd quarter worth about $26,000. Blue Trust Inc. grew its holdings in American Homes 4 Rent by 1,091.3% during the 4th quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 873 shares during the period. Tobam grew its holdings in American Homes 4 Rent by 2,192.9% during the 4th quarter. Tobam now owns 963 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 921 shares during the period. GAMMA Investing LLC acquired a new stake in American Homes 4 Rent during the 4th quarter worth about $44,000. Finally, Capital Analysts LLC grew its holdings in American Homes 4 Rent by 58.1% during the 4th quarter. Capital Analysts LLC now owns 1,436 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 528 shares during the period. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at American Homes 4 Rent

In related news, Director Douglas N. Benham purchased 3,500 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $23.00 per share, for a total transaction of $80,500.00. Following the purchase, the director now directly owns 37,997 shares in the company, valued at approximately $873,931. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Douglas N. Benham purchased 3,500 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $23.00 per share, for a total transaction of $80,500.00. Following the purchase, the director now directly owns 37,997 shares in the company, valued at approximately $873,931. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jack E. Corrigan acquired 10,000 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, May 6th. The stock was acquired at an average price of $22.78 per share, with a total value of $227,800.00. Following the completion of the purchase, the director now directly owns 10,000 shares in the company, valued at approximately $227,800. The disclosure for this purchase can be found here. 6.05% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AMH shares. Keefe, Bruyette & Woods increased their price objective on shares of American Homes 4 Rent from $38.00 to $39.00 and gave the stock a “market perform” rating in a research report on Monday, May 13th. Mizuho increased their price objective on shares of American Homes 4 Rent from $37.00 to $39.00 and gave the stock a “buy” rating in a research report on Wednesday, March 20th. Scotiabank increased their price objective on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 16th. StockNews.com cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. Finally, Citigroup raised shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $37.00 to $41.00 in a research report on Friday, March 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.53.

American Homes 4 Rent Stock Performance

Shares of American Homes 4 Rent stock traded up $0.51 during mid-day trading on Tuesday, hitting $36.13. 2,459,793 shares of the stock were exchanged, compared to its average volume of 2,908,899. American Homes 4 Rent has a 12 month low of $31.36 and a 12 month high of $37.97. The company has a 50-day simple moving average of $35.89 and a 200 day simple moving average of $35.80. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market capitalization of $13.24 billion, a P/E ratio of 36.71, a P/E/G ratio of 2.99 and a beta of 0.72.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Friday, May 10th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.13). American Homes 4 Rent had a return on equity of 5.00% and a net margin of 22.55%. The company had revenue of $423.56 million for the quarter, compared to analysts’ expectations of $421.28 million. During the same quarter in the previous year, the business earned $0.41 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Sell-side analysts anticipate that American Homes 4 Rent will post 1.74 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.04 annualized dividend and a dividend yield of 2.88%. American Homes 4 Rent’s payout ratio is currently 106.12%.

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.