American Homes 4 Rent (AMH) Insider Bryan Smith Sells 4,544 Shares

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American Homes 4 Rent (NYSE:AMH) insider Bryan Smith sold 4,544 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $22.62, for a total transaction of $102,785.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NYSE AMH traded up $0.04 during mid-day trading on Friday, hitting $22.76. 2,410,970 shares of the company’s stock traded hands, compared to its average volume of 2,175,732. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 21.47, a P/E/G ratio of 1.80 and a beta of 0.72. American Homes 4 Rent has a 1 year low of $18.91 and a 1 year high of $23.34.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, February 21st. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.22). American Homes 4 Rent had a return on equity of 1.83% and a net margin of 10.09%. The firm had revenue of $270.00 million during the quarter, compared to analysts’ expectations of $269.98 million. During the same period last year, the company earned $0.26 earnings per share. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts predict that American Homes 4 Rent will post 1.13 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 15th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, March 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 18.87%.

A number of institutional investors have recently bought and sold shares of the stock. Utah Retirement Systems raised its position in American Homes 4 Rent by 1.1% in the 4th quarter. Utah Retirement Systems now owns 53,932 shares of the real estate investment trust’s stock worth $1,071,000 after purchasing an additional 600 shares during the period. First Hawaiian Bank raised its position in American Homes 4 Rent by 8.6% in the 4th quarter. First Hawaiian Bank now owns 9,290 shares of the real estate investment trust’s stock worth $184,000 after purchasing an additional 732 shares during the period. BOKF NA raised its position in American Homes 4 Rent by 3.2% in the 4th quarter. BOKF NA now owns 40,198 shares of the real estate investment trust’s stock worth $798,000 after purchasing an additional 1,231 shares during the period. State of Alaska Department of Revenue raised its position in American Homes 4 Rent by 1.9% in the 4th quarter. State of Alaska Department of Revenue now owns 112,280 shares of the real estate investment trust’s stock worth $2,228,000 after purchasing an additional 2,058 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in American Homes 4 Rent by 6.2% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 45,236 shares of the real estate investment trust’s stock worth $891,000 after purchasing an additional 2,655 shares during the period. 86.07% of the stock is currently owned by institutional investors.

Several research analysts recently weighed in on AMH shares. Zacks Investment Research raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Wells Fargo & Co reaffirmed a “hold” rating on shares of American Homes 4 Rent in a report on Thursday. Morgan Stanley downgraded shares of American Homes 4 Rent from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $22.50 to $21.00 in a report on Thursday, November 15th. Raymond James downgraded shares of American Homes 4 Rent from a “strong-buy” rating to an “outperform” rating in a report on Monday, November 19th. Finally, ValuEngine raised shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Tuesday, January 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $23.71.

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American Homes 4 Rent Company Profile

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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