Cbre Clarion Securities LLC lessened its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 92.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 227,812 shares of the real estate investment trust’s stock after selling 2,999,434 shares during the quarter. Cbre Clarion Securities LLC owned about 0.09% of American Homes 4 Rent worth $5,142,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Cibc World Markets Corp acquired a new position in American Homes 4 Rent during the 2nd quarter worth $6,997,000. Hanseatic Management Services Inc. boosted its position in American Homes 4 Rent by 9.4% during the 2nd quarter. Hanseatic Management Services Inc. now owns 32,456 shares of the real estate investment trust’s stock worth $733,000 after acquiring an additional 2,798 shares during the period. Quantbot Technologies LP boosted its position in American Homes 4 Rent by 86.7% during the 2nd quarter. Quantbot Technologies LP now owns 24,986 shares of the real estate investment trust’s stock worth $563,000 after acquiring an additional 11,602 shares during the period. California Public Employees Retirement System boosted its position in American Homes 4 Rent by 1.4% during the 2nd quarter. California Public Employees Retirement System now owns 461,344 shares of the real estate investment trust’s stock worth $10,413,000 after acquiring an additional 6,300 shares during the period. Finally, FIL Ltd boosted its position in American Homes 4 Rent by 41.5% during the 2nd quarter. FIL Ltd now owns 2,108,902 shares of the real estate investment trust’s stock worth $47,598,000 after acquiring an additional 618,650 shares during the period. Institutional investors own 93.74% of the company’s stock.

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In other news, Director B Wayne Et Al Hughes acquired 1,372,200 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were purchased at an average cost of $21.84 per share, for a total transaction of $29,968,848.00. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 27.82% of the stock is currently owned by company insiders.

Shares of American Homes 4 Rent (NYSE:AMH) traded down 1.19% during mid-day trading on Friday, hitting $21.66. The stock had a trading volume of 982,876 shares. The stock’s market cap is $5.64 billion. The firm’s 50-day moving average price is $22.34 and its 200 day moving average price is $22.68. American Homes 4 Rent has a 12-month low of $19.63 and a 12-month high of $23.98.

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). The firm had revenue of $237.00 million during the quarter, compared to the consensus estimate of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.25 earnings per share. Equities analysts forecast that American Homes 4 Rent will post $0.05 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.92%. American Homes 4 Rent’s payout ratio is -181.82%.

AMH has been the subject of a number of analyst reports. Zacks Investment Research lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. BidaskClub upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating in a research report on Friday, July 14th. Evercore ISI initiated coverage on American Homes 4 Rent in a research report on Monday, June 5th. They set an “in-line” rating and a $24.50 price target for the company. Finally, TheStreet upgraded American Homes 4 Rent from a “c” rating to a “b” rating in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $24.83.

American Homes 4 Rent Company Profile

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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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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