American Homes 4 Rent (NYSE:AMH) saw strong trading volume on Friday . 5,878,796 shares changed hands during trading, an increase of 15% from the previous session’s volume of 5,099,137 shares.The stock last traded at $20.85 and had previously closed at $20.82.

A number of equities research analysts recently issued reports on AMH shares. Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Friday, April 1st. 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 report on Thursday, June 23rd. Finally, TheStreet downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Thursday, March 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. American Homes 4 Rent has an average rating of “Buy” and an average target price of $19.20.

The firm’s market cap is $4.97 billion. The stock has a 50-day moving average price of $19.24 and a 200 day moving average price of $16.51.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, May 5th. The company reported $0.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.02. The business had revenue of $195.20 million for the quarter, compared to the consensus estimate of $187.70 million. The company’s quarterly revenue was up 48.2% on a year-over-year basis. During the same period last year, the firm earned $0.16 earnings per share. Equities analysts expect that American Homes 4 Rent will post $0.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend was Monday, June 13th.

A number of hedge funds and institutional investors have made changes to their positions in AMH. Dimensional Fund Advisors LP boosted its position in shares of American Homes 4 Rent by 40.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,512,845 shares of the company’s stock valued at $25,204,000 after buying an additional 439,285 shares during the last quarter. Fiduciary Management Associates LLC boosted its position in shares of American Homes 4 Rent by 6.7% in the fourth quarter. Fiduciary Management Associates LLC now owns 1,137,950 shares of the company’s stock valued at $18,958,000 after buying an additional 71,530 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in shares of American Homes 4 Rent by 8,179.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 977,005 shares of the company’s stock valued at $16,277,000 after buying an additional 965,204 shares during the last quarter. Bank of Montreal Can boosted its position in shares of American Homes 4 Rent by 440.4% in the fourth quarter. Bank of Montreal Can now owns 966,719 shares of the company’s stock valued at $16,106,000 after buying an additional 787,816 shares during the last quarter. Finally, 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 last quarter.

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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