Shares of American Homes 4 Rent (NYSE:AMH) hit a new 52-week high on Monday . The stock traded as high as $21.12 and last traded at $21.09, with a volume of 1,504,889 shares traded. The stock had previously closed at $20.93.

Several analysts recently weighed in on AMH shares. Zacks Investment Research upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Tuesday, May 10th. FBR & Co restated an “outperform” rating and set a $22.00 price objective (up from $20.00) on shares of American Homes 4 Rent in a research report on Thursday, June 23rd. Finally, TheStreet downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Thursday, March 31st. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $19.20.

The stock’s market capitalization is $5.03 billion. The company’s 50-day moving average is $18.91 and its 200-day moving average is $16.38.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, May 5th. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.02. The company earned $195.20 million during the quarter, compared to analysts’ expectations of $187.70 million. During the same quarter last year, the firm posted $0.16 earnings per share. American Homes 4 Rent’s revenue for the quarter was up 48.2% compared to the same quarter last year. Analysts anticipate that American Homes 4 Rent will post $0.93 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Monday, June 13th.

Several institutional investors recently made changes to their positions in AMH. Russell Frank Co boosted its position in shares of American Homes 4 Rent by 79.7% in the fourth quarter. Russell Frank Co now owns 580,148 shares of the company’s stock valued at $9,655,000 after buying an additional 257,260 shares during the period. State Board of Administration of Florida Retirement System boosted its position in shares of American Homes 4 Rent by 9.1% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 76,672 shares of the company’s stock valued at $1,277,000 after buying an additional 6,425 shares during the period. Strs Ohio boosted its position in shares of American Homes 4 Rent by 0.3% in the fourth quarter. Strs Ohio now owns 237,293 shares of the company’s stock valued at $3,953,000 after buying an additional 675 shares during the period. Sei Investments Co. boosted its position in shares of American Homes 4 Rent by 74.6% in the fourth quarter. Sei Investments Co. now owns 425,143 shares of the company’s stock valued at $7,083,000 after buying an additional 181,591 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of American Homes 4 Rent by 6.6% in the fourth quarter. First Trust Advisors LP now owns 60,504 shares of the company’s stock valued at $1,008,000 after buying an additional 3,734 shares during the period.

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

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