Global Endowment Management LP lifted its stake in American Homes 4 Rent (NYSE:AMH) by 167.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 70,400 shares of the real estate investment trust’s stock after buying an additional 44,100 shares during the quarter. Global Endowment Management LP’s holdings in American Homes 4 Rent were worth $1,541,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of AMH. Citadel Advisors LLC lifted its position in shares of American Homes 4 Rent by 1,181.0% in the 2nd quarter. Citadel Advisors LLC now owns 2,380,096 shares of the real estate investment trust’s stock worth $52,790,000 after purchasing an additional 2,194,301 shares during the period. Security Capital Research & Management Inc. lifted its position in shares of American Homes 4 Rent by 95.5% in the 2nd quarter. Security Capital Research & Management Inc. now owns 3,339,970 shares of the real estate investment trust’s stock worth $74,081,000 after purchasing an additional 1,631,925 shares during the period. Bank of America Corp DE lifted its position in shares of American Homes 4 Rent by 146.0% in the 2nd quarter. Bank of America Corp DE now owns 2,504,080 shares of the real estate investment trust’s stock worth $55,540,000 after purchasing an additional 1,486,363 shares during the period. American Century Companies Inc. purchased a new stake in shares of American Homes 4 Rent in the 2nd quarter worth about $32,196,000. Finally, Centersquare Investment Management LLC lifted its position in shares of American Homes 4 Rent by 16.1% in the 2nd quarter. Centersquare Investment Management LLC now owns 9,407,763 shares of the real estate investment trust’s stock worth $208,664,000 after purchasing an additional 1,303,923 shares during the period. 88.20% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently 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 research note on Monday, July 23rd. Zelman & Associates lowered shares of American Homes 4 Rent from a “buy” rating to a “hold” rating in a research note on Monday, July 30th. Mizuho set a $25.00 price target on shares of American Homes 4 Rent and gave the stock a “buy” rating in a research note on Friday, August 3rd. Wells Fargo & Co increased their price target on shares of American Homes 4 Rent from $22.00 to $24.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 28th. Finally, BTIG Research set a $25.00 price target on shares of American Homes 4 Rent and gave the stock a “buy” rating in a research note on Monday, November 5th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. American Homes 4 Rent has an average rating of “Buy” and a consensus target price of $23.81.

Shares of American Homes 4 Rent stock opened at $19.82 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $5.88 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 1.45 and a beta of 0.62. American Homes 4 Rent has a 1 year low of $18.39 and a 1 year high of $23.34.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.22). The business had revenue of $280.10 million during the quarter, compared to the consensus estimate of $270.24 million. American Homes 4 Rent had a return on equity of 1.90% and a net margin of 10.70%. The firm’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.25 earnings per share. Equities research analysts expect that American Homes 4 Rent will post 1.08 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.20 dividend on an annualized basis and a yield of 1.01%. American Homes 4 Rent’s dividend payout ratio is currently 19.61%.

In other American Homes 4 Rent news, EVP Stephanie G. Heim sold 24,900 shares of the firm’s stock in a transaction dated Friday, August 24th. The shares were sold at an average price of $23.00, for a total transaction of $572,700.00. Following the completion of the sale, the executive vice president now directly owns 62,676 shares in the company, valued at approximately $1,441,548. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director B Wayne Et Al Hughes acquired 991,100 shares of American Homes 4 Rent stock in a transaction on Thursday, November 8th. The shares were purchased at an average price of $20.18 per share, with a total value of $20,000,398.00. Following the completion of the purchase, the director now owns 16,869,998 shares in the company, valued at approximately $340,436,559.64. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 2,074,942 shares of company stock valued at $42,482,652. 26.52% of the stock is owned by company insiders.

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About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, renovating, leasing, and operating attractive, 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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