Manning & Napier Advisors LLC increased its position in American Homes 4 Rent (NYSE:AMH) by 31.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 337,855 shares of the real estate investment trust’s stock after acquiring an additional 80,470 shares during the quarter. Manning & Napier Advisors LLC owned about 0.13% of American Homes 4 Rent worth $7,333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AMH. PNC Financial Services Group Inc. increased its holdings in American Homes 4 Rent by 169.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,442 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 3,423 shares during the last quarter. Paloma Partners Management Co purchased a new stake in American Homes 4 Rent in the 1st quarter worth about $302,000. Bank of Montreal Can increased its holdings in American Homes 4 Rent by 249.3% in the 2nd quarter. Bank of Montreal Can now owns 428,244 shares of the real estate investment trust’s stock worth $9,666,000 after acquiring an additional 305,641 shares during the last quarter. Forsta AP Fonden grew its holdings in American Homes 4 Rent by 173.6% during the 2nd quarter. Forsta AP Fonden now owns 68,400 shares of the real estate investment trust’s stock valued at $1,544,000 after buying an additional 43,400 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC purchased a new position in American Homes 4 Rent during the 2nd quarter valued at about $291,000. 94.29% of the stock is owned by institutional investors.

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In other American Homes 4 Rent news, Director B Wayne Et Al Hughes purchased 101,678 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was purchased at an average price of $21.87 per share, for a total transaction of $2,223,697.86. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders have bought 1,766,855 shares of company stock valued at $38,597,023. Corporate insiders own 27.82% of the company’s stock.

Shares of American Homes 4 Rent (NYSE:AMH) traded down $0.23 on Friday, hitting $21.45. The stock had a trading volume of 1,746,047 shares, compared to its average volume of 2,338,436. The company has a market cap of $6,150.53, a P/E ratio of 20.83, a PEG ratio of 1.81 and a beta of 0.69. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a 12-month low of $19.62 and a 12-month high of $23.98.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.25. The firm had revenue of $246.80 million during the quarter, compared to the consensus estimate of $247.96 million. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the company posted $0.24 EPS. equities research analysts expect that American Homes 4 Rent will post 1.03 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.93%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently -2,000.00%.

A number of research analysts have weighed in on the company. Zacks Investment Research raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, July 24th. BidaskClub lowered American Homes 4 Rent from a “buy” rating to a “hold” rating in a report on Monday, July 31st. TheStreet raised American Homes 4 Rent from a “c” rating to a “b” rating in a report on Friday, August 4th. B. Riley set a $26.00 target price on American Homes 4 Rent and gave the company a “buy” rating in a report on Tuesday, November 14th. Finally, FBR & Co reaffirmed a “buy” rating and set a $26.00 target price on shares of American Homes 4 Rent in a report on Friday, September 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. American Homes 4 Rent currently has an average rating of “Hold” and a consensus price target of $25.13.

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.

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

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