Cwm LLC Has $103,000 Position in American Homes 4 Rent (NYSE:AMH)

Cwm LLC grew its position in shares of American Homes 4 Rent (NYSE:AMH) by 49.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,871 shares of the real estate investment trust’s stock after purchasing an additional 951 shares during the quarter. Cwm LLC’s holdings in American Homes 4 Rent were worth $103,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in AMH. VisionPoint Advisory Group LLC bought a new stake in shares of American Homes 4 Rent in the third quarter worth $26,000. Blue Trust Inc. lifted its stake in shares of American Homes 4 Rent by 1,091.3% in the fourth quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 873 shares during the period. Tobam boosted its holdings in American Homes 4 Rent by 2,192.9% in the fourth quarter. Tobam now owns 963 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 921 shares during the last quarter. Castleview Partners LLC increased its position in American Homes 4 Rent by 2,540.0% during the 3rd quarter. Castleview Partners LLC now owns 1,188 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 1,143 shares during the period. Finally, Capital Analysts LLC raised its holdings in American Homes 4 Rent by 58.1% during the 4th quarter. Capital Analysts LLC now owns 1,436 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 528 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on AMH shares. Royal Bank of Canada reissued an “outperform” rating and set a $39.00 target price on shares of American Homes 4 Rent in a research note on Monday, February 26th. Raymond James boosted their price objective on American Homes 4 Rent from $40.00 to $41.00 and gave the company an “outperform” rating in a research note on Thursday, March 28th. Mizuho raised their target price on American Homes 4 Rent from $37.00 to $39.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th. Deutsche Bank Aktiengesellschaft assumed coverage on American Homes 4 Rent in a research note on Tuesday, January 30th. They issued a “buy” rating and a $40.00 price target on the stock. Finally, Citigroup raised shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $37.00 to $41.00 in a research report on Friday, March 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $39.67.

American Homes 4 Rent Stock Performance

AMH opened at $36.07 on Tuesday. The company has a market cap of $13.21 billion, a price-to-earnings ratio of 36.81, a PEG ratio of 2.75 and a beta of 0.70. The company’s fifty day moving average price is $36.11 and its two-hundred day moving average price is $35.52. American Homes 4 Rent has a 1-year low of $31.36 and a 1-year high of $37.97. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.58.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Friday, May 3rd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.13). The business had revenue of $423.56 million during the quarter, compared to analyst estimates of $421.28 million. American Homes 4 Rent had a return on equity of 5.00% and a net margin of 22.55%. The company’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.41 EPS. On average, analysts expect that American Homes 4 Rent will post 1.73 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $0.26 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.04 annualized dividend and a dividend yield of 2.88%. American Homes 4 Rent’s payout ratio is presently 106.12%.

Insider Buying and Selling

In other American Homes 4 Rent news, CAO Brian Reitz sold 3,000 shares of American Homes 4 Rent stock in a transaction on Monday, February 26th. The shares were sold at an average price of $35.53, for a total transaction of $106,590.00. Following the transaction, the chief accounting officer now directly owns 35,343 shares of the company’s stock, valued at approximately $1,255,736.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other American Homes 4 Rent news, CAO Brian Reitz sold 3,000 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $35.53, for a total value of $106,590.00. Following the completion of the sale, the chief accounting officer now owns 35,343 shares in the company, valued at approximately $1,255,736.79. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Matthew J. Hart sold 7,263 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $36.76, for a total transaction of $266,987.88. Following the transaction, the director now directly owns 41,336 shares in the company, valued at approximately $1,519,511.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 60,263 shares of company stock worth $2,212,078. 6.05% of the stock is owned by corporate insiders.

About American Homes 4 Rent

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.