American Homes 4 Rent (NYSE:AMH) Director B Wayne Et Al Hughes bought 1,372,200 shares of American Homes 4 Rent stock in a transaction on Thursday, September 14th. The stock was purchased at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of American Homes 4 Rent (NYSE AMH) traded up 1.14% on Friday, hitting $22.14. 2,680,662 shares of the stock traded hands. The stock’s market cap is $5.76 billion. American Homes 4 Rent has a one year low of $19.63 and a one year high of $23.98. The company’s 50 day moving average is $22.41 and its 200 day moving average is $22.72.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.04). American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The business had revenue of $237.00 million for the quarter, compared to analyst estimates of $236.28 million. During the same quarter in the previous year, the business posted $0.25 earnings per share. The company’s revenue was up 7.6% compared to the same quarter last year. On average, equities analysts forecast that American Homes 4 Rent will post $0.05 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.90%. American Homes 4 Rent’s dividend payout ratio is -181.82%.

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A number of research analysts have issued reports on AMH shares. Zacks Investment Research upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Mizuho upgraded shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 target price on the stock in a report on Monday, July 10th. FBR & Co restated a “buy” rating on shares of American Homes 4 Rent in a report on Wednesday, May 24th. BidaskClub upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Finally, Evercore ISI started coverage on shares of American Homes 4 Rent in a report on Monday, June 5th. They issued an “in-line” rating and a $24.50 target price on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $24.83.

Several institutional investors have recently made changes to their positions in the company. Brookfield Asset Management Inc. lifted its holdings in shares of American Homes 4 Rent by 29.6% during the 2nd quarter. Brookfield Asset Management Inc. now owns 7,889,445 shares of the real estate investment trust’s stock valued at $178,065,000 after buying an additional 1,801,569 shares during the last quarter. Lord Abbett & CO. LLC lifted its holdings in shares of American Homes 4 Rent by 1.6% during the 2nd quarter. Lord Abbett & CO. LLC now owns 219,100 shares of the real estate investment trust’s stock valued at $4,945,000 after buying an additional 3,500 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of American Homes 4 Rent by 18.9% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 569,836 shares of the real estate investment trust’s stock valued at $12,861,000 after buying an additional 90,469 shares during the last quarter. Sterling Capital Management LLC acquired a new stake in shares of American Homes 4 Rent during the 2nd quarter valued at about $1,693,000. Finally, California State Teachers Retirement System lifted its holdings in shares of American Homes 4 Rent by 22.4% during the 2nd quarter. California State Teachers Retirement System now owns 417,538 shares of the real estate investment trust’s stock valued at $9,424,000 after buying an additional 76,450 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

About American Homes 4 Rent

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.

Insider Buying and Selling by Quarter for American Homes 4 Rent (NYSE:AMH)

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