AdvisorNet Financial Inc lifted its position in American Homes 4 Rent (NYSE:AMH – Get Rating) by 253.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,116 shares of the real estate investment trust's stock after acquiring an additional 800 shares during the quarter. AdvisorNet Financial Inc's holdings in American Homes 4 Rent were worth $40,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in AMH. UMB Bank N A MO purchased a new stake in shares of American Homes 4 Rent in the 1st quarter valued at approximately $27,000. Allworth Financial LP purchased a new stake in American Homes 4 Rent in the 1st quarter worth approximately $32,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in American Homes 4 Rent in the 1st quarter worth approximately $76,000. Signaturefd LLC lifted its position in American Homes 4 Rent by 148.6% in the 1st quarter. Signaturefd LLC now owns 2,031 shares of the real estate investment trust's stock worth $81,000 after buying an additional 1,214 shares in the last quarter. Finally, Covestor Ltd lifted its position in American Homes 4 Rent by 10,152.4% in the 1st quarter. Covestor Ltd now owns 2,153 shares of the real estate investment trust's stock worth $86,000 after buying an additional 2,132 shares in the last quarter. Hedge funds and other institutional investors own 88.49% of the company's stock.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of research analyst reports. Evercore ISI cut their target price on shares of American Homes 4 Rent from $39.00 to $38.00 and set an "outperform" rating for the company in a research report on Monday, September 19th. Credit Suisse Group dropped their price target on shares of American Homes 4 Rent from $44.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, June 23rd. Morgan Stanley increased their price target on shares of American Homes 4 Rent from $37.50 to $39.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 25th. Mizuho dropped their price target on shares of American Homes 4 Rent from $44.00 to $42.00 and set a "buy" rating on the stock in a research note on Wednesday, July 6th. Finally, Capital One Financial started coverage on shares of American Homes 4 Rent in a research note on Friday, July 8th. They set an "overweight" rating and a $43.00 price target on the stock. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, American Homes 4 Rent has an average rating of "Moderate Buy" and a consensus target price of $41.92.

Insiders Place Their Bets

American Homes 4 Rent Stock Performance

NYSE:AMH opened at $34.09 on Friday. American Homes 4 Rent has a 1 year low of $32.60 and a 1 year high of $44.07. The firm's fifty day simple moving average is $36.50 and its 200 day simple moving average is $37.37. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $11.88 billion, a PE ratio of 59.81, a PEG ratio of 3.10 and a beta of 0.60.

American Homes 4 Rent (NYSE:AMH – Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.22). The company had revenue of $361.90 million during the quarter, compared to analyst estimates of $362.35 million. American Homes 4 Rent had a return on equity of 3.46% and a net margin of 15.67%. The business's revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 earnings per share. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.56 EPS for the current year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be given a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.72 annualized dividend and a yield of 2.11%. American Homes 4 Rent's dividend payout ratio is 126.32%.

American Homes 4 Rent Profile

(Get Rating)

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, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.

Read More

• Get a free copy of the StockNews.com research report on American Homes 4 Rent (AMH)
• MarketBeat: Week in Review 9/19 – 9/23
• Why Does Tesla Stock Remain Resilient?
• Are Layoffs At A Small-Cap Tech A Bellwether For Housing Stocks?
• Will Crowdstrike Get A Boost From Increased EPS Guidance?
• 2 Semiconductor Stocks To Watch For Reversals

Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH – Get Rating).

Receive News & Ratings for American Homes 4 Rent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Homes 4 Rent and related companies with MarketBeat.com's FREE daily email newsletter.