American Homes 4 Rent (NYSE:AMH) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of American Homes 4 Rent (NYSE:AMH – Get Rating) have earned an average recommendation of “Hold” from the twenty research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $37.09.

AMH has been the subject of several analyst reports. B. Riley dropped their price target on shares of American Homes 4 Rent from $43.00 to $36.00 in a research report on Tuesday, November 8th. Raymond James cut shares of American Homes 4 Rent from a “strong-buy” rating to an “outperform” rating in a research report on Tuesday, November 29th. Royal Bank of Canada dropped their price target on shares of American Homes 4 Rent from $40.00 to $37.00 and set an “outperform” rating for the company in a research report on Monday, November 7th. Wolfe Research cut shares of American Homes 4 Rent from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 29th. Finally, Barclays dropped their price target on shares of American Homes 4 Rent from $41.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, December 13th.

Insider Buying and Selling

In related news, Director Matthew J. Hart sold 6,955 shares of the stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $31.44, for a total value of $218,665.20. Following the completion of the transaction, the director now directly owns 34,340 shares in the company, valued at approximately $1,079,649.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Douglas N. Benham acquired 4,000 shares of American Homes 4 Rent stock in a transaction on Wednesday, November 23rd. The stock was acquired at an average cost of $22.55 per share, for a total transaction of $90,200.00. Following the purchase, the director now owns 22,070 shares in the company, valued at $497,678.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Matthew J. Hart sold 6,955 shares of the firm’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $31.44, for a total transaction of $218,665.20. Following the sale, the director now owns 34,340 shares of the company’s stock, valued at $1,079,649.60. The disclosure for this sale can be found here. 6.03% of the stock is owned by company insiders.

Institutional Trading of American Homes 4 Rent

A number of institutional investors and hedge funds have recently bought and sold shares of AMH. MetLife Investment Management LLC bought a new stake in American Homes 4 Rent during the 1st quarter valued at about $236,000. Great West Life Assurance Co. Can grew its stake in shares of American Homes 4 Rent by 5.6% in the first quarter. Great West Life Assurance Co. Can now owns 255,574 shares of the real estate investment trust’s stock worth $10,631,000 after acquiring an additional 13,647 shares during the period. Yousif Capital Management LLC grew its stake in shares of American Homes 4 Rent by 5.1% in the first quarter. Yousif Capital Management LLC now owns 15,912 shares of the real estate investment trust’s stock worth $637,000 after acquiring an additional 767 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of American Homes 4 Rent by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 4,597,311 shares of the real estate investment trust’s stock worth $184,037,000 after acquiring an additional 134,931 shares during the period. Finally, Sei Investments Co. grew its stake in shares of American Homes 4 Rent by 16.3% in the first quarter. Sei Investments Co. now owns 244,953 shares of the real estate investment trust’s stock worth $9,809,000 after acquiring an additional 34,401 shares during the period. 84.29% of the stock is currently owned by institutional investors.

American Homes 4 Rent Price Performance

AMH stock opened at $33.07 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.54 and a current ratio of 0.54. American Homes 4 Rent has a 52 week low of $29.31 and a 52 week high of $43.89. The firm’s fifty day moving average is $31.64 and its 200 day moving average is $33.56. The firm has a market cap of $11.69 billion, a P/E ratio of 55.12, a P/E/G ratio of 2.66 and a beta of 0.60.

American Homes 4 Rent Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Thursday, December 15th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, December 14th. This represents a $0.72 annualized dividend and a dividend yield of 2.18%. American Homes 4 Rent’s payout ratio is 120.00%.

About American Homes 4 Rent

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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.