15,473 Shares in American Homes 4 Rent (NYSE:AMH) Acquired by Stevens Capital Management LP

Stevens Capital Management LP bought a new position in shares of American Homes 4 Rent (NYSE:AMH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,473 shares of the real estate investment trust’s stock, valued at approximately $556,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMH. VisionPoint Advisory Group LLC acquired a new stake in American Homes 4 Rent in the third quarter valued at approximately $26,000. Blue Trust Inc. grew its position in shares of American Homes 4 Rent by 1,091.3% during the fourth quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 873 shares in the last quarter. Tobam grew its position in shares of American Homes 4 Rent by 2,192.9% during the fourth quarter. Tobam now owns 963 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 921 shares in the last quarter. Castleview Partners LLC grew its position in shares of American Homes 4 Rent by 2,540.0% during the third quarter. Castleview Partners LLC now owns 1,188 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 1,143 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new stake in shares of American Homes 4 Rent during the fourth quarter worth approximately $44,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

Shares of AMH stock traded up $0.19 during trading hours on Thursday, reaching $35.76. 1,925,772 shares of the company’s stock were exchanged, compared to its average volume of 3,407,483. American Homes 4 Rent has a fifty-two week low of $31.36 and a fifty-two week high of $37.97. The stock has a market capitalization of $13.09 billion, a P/E ratio of 35.35, a P/E/G ratio of 2.73 and a beta of 0.70. The business has a fifty day moving average price of $35.91 and a 200-day moving average price of $35.44. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.58.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.22. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.91%. American Homes 4 Rent’s payout ratio is 104.00%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on AMH shares. Raymond James raised their price target on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the stock an “outperform” rating in a research report on Thursday, March 28th. Mizuho lifted their price objective on shares of American Homes 4 Rent from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, March 20th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $39.00 target price on shares of American Homes 4 Rent in a report on Monday, February 26th. Jefferies Financial Group raised American Homes 4 Rent from a “hold” rating to a “buy” rating and lifted their target price for the stock from $34.00 to $41.00 in a report on Tuesday, January 2nd. Finally, BNP Paribas initiated coverage on American Homes 4 Rent in a research note on Monday, January 22nd. They issued an “outperform” rating and a $42.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $39.67.

Insider Transactions at American Homes 4 Rent

In related news, CAO Brian Reitz sold 3,000 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $35.53, for a total value of $106,590.00. Following the completion of the transaction, the chief accounting officer now directly owns 35,343 shares in the company, valued at $1,255,736.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Brian Reitz sold 3,000 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $35.53, for a total value of $106,590.00. Following the completion of the transaction, the chief accounting officer now directly owns 35,343 shares in the company, valued at $1,255,736.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Bryan Smith sold 50,000 shares of the company’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $36.77, for a total value of $1,838,500.00. Following the completion of the transaction, the chief operating officer now owns 125,580 shares of the company’s stock, valued at $4,617,576.60. The disclosure for this sale can be found here. Insiders sold a total of 60,263 shares of company stock worth $2,212,078 over the last three months. 6.32% of the stock is currently owned by 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.