American Homes 4 Rent (AMH) Stake Held by Highlander Capital Management LLC

Highlander Capital Management LLC held its stake in American Homes 4 Rent (NYSE:AMH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,625 shares of the real estate investment trust’s stock at the close of the 2nd quarter. Highlander Capital Management LLC’s holdings in American Homes 4 Rent were worth $263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legal & General Group Plc lifted its holdings in American Homes 4 Rent by 10.0% in the 2nd quarter. Legal & General Group Plc now owns 486,902 shares of the real estate investment trust’s stock valued at $10,990,000 after acquiring an additional 44,152 shares during the last quarter. Heartland Advisors Inc. lifted its holdings in American Homes 4 Rent by 123.7% in the 2nd quarter. Heartland Advisors Inc. now owns 711,089 shares of the real estate investment trust’s stock valued at $16,049,000 after acquiring an additional 393,182 shares during the last quarter. Bank of Montreal Can lifted its holdings in American Homes 4 Rent by 249.3% in the 2nd quarter. Bank of Montreal Can now owns 428,244 shares of the real estate investment trust’s stock valued at $9,666,000 after acquiring an additional 305,641 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in American Homes 4 Rent by 3.7% in the 2nd quarter. Principal Financial Group Inc. now owns 2,572,898 shares of the real estate investment trust’s stock valued at $58,069,000 after acquiring an additional 92,216 shares during the last quarter. Finally, AXA lifted its holdings in American Homes 4 Rent by 15.1% in the 2nd quarter. AXA now owns 941,003 shares of the real estate investment trust’s stock valued at $21,238,000 after acquiring an additional 123,651 shares during the last quarter. 93.74% of the stock is owned by institutional investors.

In related news, Director B Wayne Et Al Hughes bought 1,372,200 shares of American Homes 4 Rent stock in a transaction on Thursday, September 14th. The shares were purchased at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 27.82% of the stock is currently owned by company insiders.

A number of equities research analysts have weighed in on AMH shares. BidaskClub raised shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 price target for the company in a report on Monday, July 10th. Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Monday, July 10th. Finally, TheStreet upgraded American Homes 4 Rent from a “c” rating to a “b” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. American Homes 4 Rent currently has an average rating of “Hold” and a consensus price target of $25.00.

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American Homes 4 Rent (NYSE AMH) traded up 0.51% during mid-day trading on Tuesday, reaching $21.70. The company’s stock had a trading volume of 510,763 shares. The stock’s 50 day moving average is $22.04 and its 200 day moving average is $22.57. American Homes 4 Rent has a 12 month low of $19.63 and a 12 month high of $23.98. The company’s market cap is $5.65 billion.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.04). American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The company had revenue of $237.00 million for the quarter, compared to the consensus estimate of $236.28 million. During the same quarter last year, the business posted $0.25 EPS. American Homes 4 Rent’s quarterly revenue was up 7.6% on a year-over-year basis. Equities research analysts predict that American Homes 4 Rent will post $0.05 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently -181.82%.

American Homes 4 Rent Company Profile

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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