Aew Capital Management L P Has $62.90 Million Position in American Homes 4 Rent (NYSE:AMH)

Aew Capital Management L P decreased its position in shares of American Homes 4 Rent (NYSE:AMH) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,681,021 shares of the real estate investment trust’s stock after selling 101,060 shares during the quarter. American Homes 4 Rent accounts for approximately 3.0% of Aew Capital Management L P’s investment portfolio, making the stock its 10th largest position. Aew Capital Management L P owned 0.45% of American Homes 4 Rent worth $62,904,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. National Pension Service bought a new stake in American Homes 4 Rent during the fourth quarter worth about $30,000. Assetmark Inc. lifted its position 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 purchasing an additional 790 shares during the period. UMB Bank n.a. lifted its position in American Homes 4 Rent by 77.2% during the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 607 shares during the period. Catalyst Capital Advisors LLC bought a new stake in American Homes 4 Rent during the third quarter worth about $53,000. Finally, Loomis Sayles & Co. L P lifted its position in American Homes 4 Rent by 3,136.2% during the third quarter. Loomis Sayles & Co. L P now owns 1,521 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 1,474 shares during the period. Institutional investors own 91.87% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AMH shares. Morgan Stanley raised shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $39.00 to $40.00 in a research report on Friday, January 24th. JMP Securities reissued a “market outperform” rating and issued a $41.00 target price on shares of American Homes 4 Rent in a report on Tuesday, January 14th. Royal Bank of Canada dropped their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Monday, February 24th. StockNews.com cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. Finally, Evercore ISI raised shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $41.00 to $42.00 in a report on Monday, November 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, American Homes 4 Rent currently has an average rating of “Moderate Buy” and a consensus price target of $40.47.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Douglas N. Benham acquired 3,286 shares of American Homes 4 Rent stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of $24.49 per share, with a total value of $80,474.14. Following the transaction, the director now directly owns 41,946 shares in the company, valued at $1,027,257.54. This represents a 8.50 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Bryan Smith sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the sale, the chief operating officer now directly owns 125,580 shares of the company’s stock, valued at approximately $4,746,924. This trade represents a 24.16 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.32% of the company’s stock.

American Homes 4 Rent Stock Up 1.6 %

Shares of NYSE AMH opened at $37.04 on Friday. The firm has a market cap of $13.69 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 3.56 and a beta of 0.78. The company has a 50 day simple moving average of $35.63 and a 200 day simple moving average of $37.29. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58. American Homes 4 Rent has a 1 year low of $34.01 and a 1 year high of $41.41.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.30. The business had revenue of $436.59 million during the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. On average, research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date is Friday, March 14th. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.26. American Homes 4 Rent’s dividend payout ratio is currently 111.11%.

American Homes 4 Rent Profile

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.