Capital Square LLC Has $525,000 Stake in American Homes 4 Rent (NYSE:AMH)

Capital Square LLC raised its holdings in American Homes 4 Rent (NYSE:AMH) by 44.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,666 shares of the real estate investment trust’s stock after buying an additional 4,220 shares during the period. Capital Square LLC’s holdings in American Homes 4 Rent were worth $525,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Maryland Capital Advisors Inc. acquired a new position in American Homes 4 Rent during the third quarter valued at approximately $25,000. UMB Bank n.a. raised its stake in shares of American Homes 4 Rent by 331.9% during the 3rd quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 604 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at approximately $32,000. Assetmark Inc. boosted its holdings in shares of American Homes 4 Rent by 359.1% in the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 790 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of American Homes 4 Rent in the second quarter valued at $44,000. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Price Performance

Shares of AMH stock traded up $0.34 during trading on Monday, hitting $38.00. The company had a trading volume of 47,851 shares, compared to its average volume of 2,527,537. The stock’s 50-day moving average price is $37.91 and its 200 day moving average price is $37.43. American Homes 4 Rent has a one year low of $33.75 and a one year high of $41.41. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market capitalization of $14.04 billion, a P/E ratio of 39.23, a price-to-earnings-growth ratio of 3.25 and a beta of 0.77.

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

American Homes 4 Rent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Friday, December 13th. American Homes 4 Rent’s payout ratio is presently 108.33%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. The Goldman Sachs Group began coverage on shares of American Homes 4 Rent in a research note on Wednesday, September 4th. They issued a “buy” rating and a $48.00 price target for the company. Wells Fargo & Company upgraded shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $36.00 to $42.00 in a research note on Monday, August 26th. StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Thursday, October 24th. Evercore ISI raised American Homes 4 Rent from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $41.00 to $42.00 in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. boosted their target price on American Homes 4 Rent from $38.00 to $43.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, American Homes 4 Rent presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.60.

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.