B. Metzler seel. Sohn & Co. Holding AG Invests $306,000 in American Homes 4 Rent (NYSE:AMH)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in American Homes 4 Rent (NYSE:AMH) during the third quarter, Holdings Channel.com reports. The firm purchased 7,967 shares of the real estate investment trust’s stock, valued at approximately $306,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Shell Asset Management Co. bought a new stake in shares of American Homes 4 Rent in the 1st quarter valued at approximately $375,000. Advisors Asset Management Inc. increased its stake in shares of American Homes 4 Rent by 12.5% during the 1st quarter. Advisors Asset Management Inc. now owns 2,816 shares of the real estate investment trust’s stock worth $104,000 after purchasing an additional 314 shares during the last quarter. 1832 Asset Management L.P. acquired a new position in shares of American Homes 4 Rent during the 1st quarter worth $2,427,000. PEAK6 Investments LLC increased its stake in shares of American Homes 4 Rent by 250.3% during the 1st quarter. PEAK6 Investments LLC now owns 6,985 shares of the real estate investment trust’s stock worth $257,000 after purchasing an additional 11,631 shares during the last quarter. Finally, BOKF NA raised its holdings in shares of American Homes 4 Rent by 2.5% during the 1st quarter. BOKF NA now owns 64,057 shares of the real estate investment trust’s stock valued at $2,328,000 after purchasing an additional 1,581 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AMH shares. StockNews.com downgraded shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. raised their target price on shares of American Homes 4 Rent from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. The Goldman Sachs Group assumed coverage on shares of American Homes 4 Rent in a research report on Wednesday, September 4th. They set a “buy” rating and a $48.00 target price for the company. Scotiabank restated an “outperform” rating and set a $42.00 price target on shares of American Homes 4 Rent in a report on Wednesday, August 21st. Finally, Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $41.00 to $42.00 in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $41.60.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $37.66 on Monday. American Homes 4 Rent has a twelve month low of $33.75 and a twelve month high of $41.41. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.59. The stock has a market cap of $13.92 billion, a P/E ratio of 39.23, a PEG ratio of 3.25 and a beta of 0.77. The company’s 50-day simple moving average is $37.91 and its 200 day simple moving average is $37.43.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The company had revenue of $445.06 million for the quarter, compared to the consensus estimate of $443.81 million. During the same period in the previous year, the business posted $0.41 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, research analysts forecast that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.26 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.76%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 108.33%.

American Homes 4 Rent Profile

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.