GSA Capital Partners LLP Boosts Stake in American Homes 4 Rent (NYSE:AMH)

GSA Capital Partners LLP raised its stake in shares of American Homes 4 Rent (NYSE:AMH) by 302.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,122 shares of the real estate investment trust’s stock after purchasing an additional 24,143 shares during the period. GSA Capital Partners LLP’s holdings in American Homes 4 Rent were worth $1,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Maryland Capital Advisors Inc. purchased a new stake in American Homes 4 Rent during the third quarter valued at approximately $25,000. UMB Bank n.a. raised its position in American Homes 4 Rent by 331.9% during the third quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 604 shares during the period. V Square Quantitative Management LLC purchased a new stake in American Homes 4 Rent during the second quarter valued at approximately $32,000. Assetmark Inc. raised its position in American Homes 4 Rent by 359.1% during the third quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 790 shares during the period. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of American Homes 4 Rent in the second quarter worth approximately $44,000. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMH has been the topic of several recent analyst reports. UBS Group increased their price target on American Homes 4 Rent from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, August 16th. Keefe, Bruyette & Woods dropped their price objective on American Homes 4 Rent from $39.00 to $38.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 6th. Evercore ISI raised American Homes 4 Rent from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $41.00 to $42.00 in a research note on Monday. StockNews.com cut American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Thursday, October 24th. Finally, JPMorgan Chase & Co. increased their price objective on American Homes 4 Rent from $38.00 to $43.00 and gave the stock a “neutral” rating in a research note on Monday, September 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $41.60.

American Homes 4 Rent Stock Down 1.2 %

American Homes 4 Rent stock opened at $37.51 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a market capitalization of $13.86 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 3.22 and a beta of 0.77. American Homes 4 Rent has a 1-year low of $33.75 and a 1-year high of $41.41. The business has a fifty day moving average price of $38.21 and a 200-day moving average price of $37.35.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.23). The business had revenue of $445.06 million during the quarter, compared to analyst estimates of $443.81 million. American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.77%. American Homes 4 Rent’s dividend payout ratio (DPR) is 108.33%.

About American Homes 4 Rent

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.