Xponance Inc. Has $2.07 Million Stock Holdings in American Homes 4 Rent (NYSE:AMH)

Xponance Inc. lifted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 7.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 55,213 shares of the real estate investment trust’s stock after buying an additional 3,596 shares during the quarter. Xponance Inc.’s holdings in American Homes 4 Rent were worth $2,066,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AMH. Natixis Advisors LLC lifted its stake in shares of American Homes 4 Rent by 1.2% during the 3rd quarter. Natixis Advisors LLC now owns 88,650 shares of the real estate investment trust’s stock worth $3,403,000 after buying an additional 1,031 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of American Homes 4 Rent by 49.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 132,098 shares of the real estate investment trust’s stock worth $5,071,000 after buying an additional 43,417 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in American Homes 4 Rent in the 3rd quarter worth about $306,000. Advisors Asset Management Inc. raised its stake in American Homes 4 Rent by 19.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 3,589 shares of the real estate investment trust’s stock worth $138,000 after purchasing an additional 596 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in American Homes 4 Rent by 783.3% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,107,227 shares of the real estate investment trust’s stock worth $42,507,000 after purchasing an additional 981,872 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Trading Down 0.3 %

Shares of American Homes 4 Rent stock opened at $36.38 on Friday. The firm has a market capitalization of $13.46 billion, a PE ratio of 33.68, a price-to-earnings-growth ratio of 3.56 and a beta of 0.77. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The firm’s 50 day moving average is $35.44 and its 200 day moving average is $37.00. American Homes 4 Rent has a 1 year low of $34.01 and a 1 year high of $41.41.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.30. The company had revenue of $436.59 million for the quarter, compared to analyst estimates of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. Equities research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.30%. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, March 14th. American Homes 4 Rent’s payout ratio is presently 111.11%.

Analyst Upgrades and Downgrades

AMH has been the subject of several analyst reports. StockNews.com cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Tuesday, December 3rd. JMP Securities reiterated a “market outperform” rating and issued a $41.00 price objective on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Morgan Stanley upgraded shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $39.00 to $40.00 in a research note on Friday, January 24th. Mizuho dropped their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set an “outperform” rating for the company in a research note on Thursday, March 13th. Finally, Deutsche Bank Aktiengesellschaft cut shares of American Homes 4 Rent from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $40.00 to $37.00 in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $40.33.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.