American Homes 4 Rent (NYSE:AMH) Shares Purchased by AQR Capital Management LLC

AQR Capital Management LLC grew its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 120.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 148,563 shares of the real estate investment trust's stock after acquiring an additional 81,218 shares during the quarter. AQR Capital Management LLC's holdings in American Homes 4 Rent were worth $5,527,000 as of its most recent SEC filing.

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Several other institutional investors and hedge funds also recently modified their holdings of the business. Mountain Hill Investment Partners Corp. bought a new stake in American Homes 4 Rent during the fourth quarter worth approximately $26,000. National Pension Service acquired a new position in shares of American Homes 4 Rent during the 4th quarter valued at $30,000. Jones Financial Companies Lllp raised its stake in shares of American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock worth $41,000 after buying an additional 392 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of American Homes 4 Rent by 37.1% in the fourth quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 375 shares during the period. Finally, UMB Bank n.a. boosted its stake in American Homes 4 Rent by 77.2% during the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 607 shares in the last quarter. Institutional investors own 91.87% of the company's stock.

Insider Buying and Selling

In other news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $39.01, for a total value of $1,657,925.00. Following the sale, the chief accounting officer now owns 99,214 shares in the company, valued at approximately $3,870,338.14. This trade represents a 29.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jack E. Corrigan bought 4,000 shares of the business's stock in a transaction that occurred on Monday, May 5th. The shares were bought at an average price of $23.42 per share, with a total value of $93,680.00. Following the completion of the purchase, the director now owns 12,000 shares in the company, valued at approximately $281,040. The trade was a 50.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 6.01% of the company's stock.

American Homes 4 Rent Trading Down 1.1 %

Shares of NYSE AMH opened at $38.37 on Friday. The stock has a market cap of $14.20 billion, a price-to-earnings ratio of 35.53, a PEG ratio of 3.56 and a beta of 0.78. The business has a 50 day simple moving average of $36.50 and a 200 day simple moving average of $36.47. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. American Homes 4 Rent has a 52 week low of $31.68 and a 52 week high of $41.41.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. The company had revenue of $459.28 million for the quarter, compared to analyst estimates of $449.00 million. During the same quarter in the prior year, the business posted $0.43 EPS. American Homes 4 Rent's quarterly revenue was up 8.4% on a year-over-year basis. On average, research analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, June 13th. This represents a $1.20 annualized dividend and a dividend yield of 3.13%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMH shares. Deutsche Bank Aktiengesellschaft downgraded shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and cut their price target for the company from $40.00 to $37.00 in a report on Tuesday, January 21st. Evercore ISI raised their target price on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. StockNews.com raised American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Tuesday. JMP Securities reaffirmed a "market outperform" rating and set a $41.00 target price on shares of American Homes 4 Rent in a report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods lifted their price target on American Homes 4 Rent from $38.00 to $40.00 and gave the stock a "market perform" rating in a research note on Tuesday. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, American Homes 4 Rent has a consensus rating of "Moderate Buy" and a consensus price target of $40.36.

View Our Latest Analysis on AMH

American Homes 4 Rent Profile

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.

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