Real Estate Management Services LLC Buys Shares of 253,700 American Homes 4 Rent (AMH)

Real Estate Management Services LLC acquired a new position in shares of American Homes 4 Rent (NYSE:AMH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 253,700 shares of the real estate investment trust’s stock, valued at approximately $5,508,000. American Homes 4 Rent makes up 1.1% of Real Estate Management Services LLC’s holdings, making the stock its 23rd biggest holding. Real Estate Management Services LLC owned approximately 0.10% of American Homes 4 Rent as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AMH. Honeywell International Inc. raised its stake in American Homes 4 Rent by 14.1% during the 3rd quarter. Honeywell International Inc. now owns 99,754 shares of the real estate investment trust’s stock worth $2,166,000 after buying an additional 12,304 shares during the period. Strs Ohio increased its holdings in American Homes 4 Rent by 3.4% during the 3rd quarter. Strs Ohio now owns 301,922 shares of the real estate investment trust’s stock worth $6,554,000 after purchasing an additional 9,841 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in American Homes 4 Rent by 5.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 365,000 shares of the real estate investment trust’s stock worth $7,924,000 after purchasing an additional 20,000 shares in the last quarter. Exane Derivatives bought a new position in American Homes 4 Rent during the 3rd quarter worth about $662,000. Finally, Brookfield Asset Management Inc. increased its holdings in American Homes 4 Rent by 29.6% during the 2nd quarter. Brookfield Asset Management Inc. now owns 7,889,445 shares of the real estate investment trust’s stock worth $178,065,000 after purchasing an additional 1,801,569 shares in the last quarter. 94.29% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently weighed in on AMH shares. Zacks Investment Research upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, July 24th. BidaskClub downgraded shares of American Homes 4 Rent from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. TheStreet upgraded shares of American Homes 4 Rent from a “c” rating to a “b” rating in a research report on Friday, August 4th. FBR & Co restated a “buy” rating and set a $26.00 price objective on shares of American Homes 4 Rent in a research report on Friday, September 29th. Finally, BTIG Research assumed coverage on shares of American Homes 4 Rent in a research report on Monday, October 9th. They issued a “buy” rating and a $26.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $25.13.

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes bought 101,678 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were bought at an average price of $21.87 per share, for a total transaction of $2,223,697.86. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have bought 1,766,855 shares of company stock worth $38,597,023 in the last quarter. Company insiders own 27.82% of the company’s stock.

American Homes 4 Rent (NYSE:AMH) traded down $0.01 during mid-day trading on Tuesday, reaching $22.12. 2,141,300 shares of the company traded hands, compared to its average volume of 2,026,526. The firm has a market capitalization of $6,345.51, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 1.89 and a beta of 0.69. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a 1-year low of $19.62 and a 1-year high of $23.98.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share for the quarter, meeting the consensus estimate of $0.25. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The firm had revenue of $246.80 million for the quarter, compared to analyst estimates of $247.96 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. equities analysts anticipate that American Homes 4 Rent will post 1.04 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, January 2nd will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.20 annualized dividend and a dividend yield of 0.90%. American Homes 4 Rent’s dividend payout ratio is currently -2,000.00%.

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About American Homes 4 Rent

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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