Sei Investments Co. Has $19.54 Million Holdings in American Homes 4 Rent (AMH)

Sei Investments Co. trimmed its position in shares of American Homes 4 Rent (NYSE:AMH) by 13.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 900,098 shares of the real estate investment trust’s stock after selling 141,089 shares during the period. Sei Investments Co. owned approximately 0.35% of American Homes 4 Rent worth $19,541,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Voya Investment Management LLC boosted its stake in shares of American Homes 4 Rent by 26.5% in the 2nd quarter. Voya Investment Management LLC now owns 63,431 shares of the real estate investment trust’s stock valued at $1,432,000 after purchasing an additional 13,297 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of 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 purchasing an additional 44,152 shares in the last quarter. Heartland Advisors Inc. boosted its stake in shares of 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 purchasing an additional 393,182 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of 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 purchasing an additional 305,641 shares in the last quarter. Finally, Federated Investors Inc. PA acquired a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at approximately $5,811,000. Hedge funds and other institutional investors own 94.29% of the company’s stock.

Shares of American Homes 4 Rent (AMH) traded down $0.27 during midday trading on Wednesday, reaching $21.85. 1,919,000 shares of the company were exchanged, compared to its average volume of 2,026,038. The company has a market cap of $6,342.65, a price-to-earnings ratio of 21.48, a PEG ratio of 1.90 and a beta of 0.69. American Homes 4 Rent has a 1-year low of $19.62 and a 1-year high of $23.98. 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 (NYSE:AMH) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. The business had revenue of $246.80 million during the quarter, compared to analyst estimates of $247.96 million. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business earned $0.24 EPS. analysts predict that American Homes 4 Rent will post 1.03 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.20 dividend on an annualized basis and a yield of 0.92%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently -2,000.00%.

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A number of research firms have recently weighed in on AMH. B. Riley restated a “buy” rating on shares of American Homes 4 Rent in a research note on Wednesday, November 1st. BidaskClub downgraded shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. TheStreet upgraded shares of American Homes 4 Rent from a “c” rating to a “b” rating in a research note on Friday, August 4th. FBR & Co restated a “buy” rating and issued a $26.00 price target on shares of American Homes 4 Rent in a research note on Friday, September 29th. Finally, Zacks Investment Research upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. American Homes 4 Rent has a consensus rating of “Hold” and an average price target of $25.13.

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

American Homes 4 Rent 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.

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

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