B Wayne Et Al Hughes Buys 200,000 Shares of American Homes 4 Rent (AMH) Stock

American Homes 4 Rent (NYSE:AMH) Director B Wayne Et Al Hughes acquired 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 6th. The shares were acquired at an average cost of $19.91 per share, for a total transaction of $3,982,000.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

B Wayne Et Al Hughes also recently made the following trade(s):

  • On Thursday, November 8th, B Wayne Et Al Hughes acquired 991,100 shares of American Homes 4 Rent stock. The shares were acquired at an average cost of $20.18 per share, for a total transaction of $20,000,398.00.

Shares of AMH stock opened at $20.52 on Friday. American Homes 4 Rent has a 12 month low of $18.39 and a 12 month high of $23.34. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.99. The company has a market cap of $5.89 billion, a price-to-earnings ratio of 20.12, a P/E/G ratio of 1.37 and a beta of 0.62.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.22). American Homes 4 Rent had a net margin of 10.70% and a return on equity of 1.90%. The company had revenue of $280.10 million for the quarter, compared to analyst estimates of $270.24 million. During the same quarter last year, the business earned $0.25 EPS. The company’s revenue for the quarter was up 13.5% on a year-over-year basis. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.08 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.20 annualized dividend and a yield of 0.97%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 19.61%.

Several equities analysts recently weighed in on the stock. Wells Fargo & Co raised their price objective on shares of American Homes 4 Rent from $22.00 to $24.00 and gave the company a “market perform” rating in a research report on Tuesday, August 28th. Zacks Investment Research upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, August 20th. Mizuho set a $25.00 price target on American Homes 4 Rent and gave the company a “buy” rating in a report on Friday, August 3rd. Zelman & Associates downgraded American Homes 4 Rent from a “buy” rating to a “hold” rating in a report on Monday, July 30th. Finally, BTIG Research set a $25.00 price target on American Homes 4 Rent and gave the company a “buy” rating in a report on Monday, November 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. American Homes 4 Rent currently has a consensus rating of “Buy” and an average target price of $24.50.

A number of hedge funds have recently made changes to their positions in AMH. Citadel Advisors LLC grew its stake in shares of American Homes 4 Rent by 1,181.0% in the second quarter. Citadel Advisors LLC now owns 2,380,096 shares of the real estate investment trust’s stock worth $52,790,000 after acquiring an additional 2,194,301 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of American Homes 4 Rent by 42.0% in the first quarter. Principal Financial Group Inc. now owns 6,111,266 shares of the real estate investment trust’s stock worth $122,715,000 after acquiring an additional 1,808,597 shares during the last quarter. Security Capital Research & Management Inc. grew its stake in shares of American Homes 4 Rent by 95.5% in the second quarter. Security Capital Research & Management Inc. now owns 3,339,970 shares of the real estate investment trust’s stock worth $74,081,000 after acquiring an additional 1,631,925 shares during the last quarter. Capital Growth Management LP acquired a new stake in shares of American Homes 4 Rent in the third quarter worth $32,616,000. Finally, Bank of America Corp DE grew its stake in shares of American Homes 4 Rent by 146.0% in the second quarter. Bank of America Corp DE now owns 2,504,080 shares of the real estate investment trust’s stock worth $55,540,000 after acquiring an additional 1,486,363 shares during the last quarter. Institutional investors own 88.91% of the company’s stock.

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American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, renovating, leasing, and operating attractive, single-family homes as rental properties.

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Insider Buying and Selling by Quarter for American Homes 4 Rent (NYSE:AMH)

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