American Homes 4 Rent (NYSE:AMH) Director B Wayne Et Al Hughes bought 469,000 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was bought at an average price of $21.30 per share, with a total value of $9,989,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, December 7th, B Wayne Et Al Hughes bought 802,745 shares of American Homes 4 Rent stock. The stock was bought at an average price of $21.30 per share, with a total value of $17,098,468.50.
  • On Thursday, November 9th, B Wayne Et Al Hughes bought 292,977 shares of American Homes 4 Rent stock. The stock was bought at an average price of $21.86 per share, with a total value of $6,404,477.22.
  • On Tuesday, November 7th, B Wayne Et Al Hughes bought 101,678 shares of American Homes 4 Rent stock. The stock was bought at an average price of $21.87 per share, with a total value of $2,223,697.86.
  • On Thursday, September 14th, B Wayne Et Al Hughes bought 1,372,200 shares of American Homes 4 Rent stock. The stock was bought at an average price of $21.84 per share, with a total value of $29,968,848.00.

Shares of American Homes 4 Rent (AMH) traded up $0.11 during trading on Thursday, hitting $21.42. The stock had a trading volume of 844,688 shares, compared to its average volume of 2,022,454. American Homes 4 Rent has a twelve month low of $19.62 and a twelve month high of $23.98. The firm has a market cap of $6,113.25, a price-to-earnings ratio of 20.70, a PEG ratio of 1.80 and a beta of 0.68. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.40.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. The business had revenue of $246.80 million for the quarter, compared to analyst estimates of $247.96 million. During the same quarter in the prior year, the company posted $0.24 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. research analysts expect that American Homes 4 Rent will post 1.03 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend is Friday, December 29th. American Homes 4 Rent’s payout ratio is -2,000.00%.

A number of institutional investors and hedge funds have recently bought and sold shares of AMH. FMR LLC lifted its stake in American Homes 4 Rent by 35.0% during the 2nd quarter. FMR LLC now owns 18,292,853 shares of the real estate investment trust’s stock worth $412,870,000 after acquiring an additional 4,747,436 shares in the last quarter. CI Investments Inc. lifted its stake in American Homes 4 Rent by 198.5% during the 3rd quarter. CI Investments Inc. now owns 6,523,200 shares of the real estate investment trust’s stock worth $141,619,000 after acquiring an additional 4,338,100 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in American Homes 4 Rent by 86.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,092,382 shares of the real estate investment trust’s stock worth $132,266,000 after acquiring an additional 2,821,800 shares in the last quarter. BlackRock Inc. lifted its stake in American Homes 4 Rent by 16.8% during the 2nd quarter. BlackRock Inc. now owns 15,261,883 shares of the real estate investment trust’s stock worth $344,461,000 after acquiring an additional 2,189,671 shares in the last quarter. Finally, Brookfield Asset Management Inc. lifted its stake in American Homes 4 Rent by 29.6% during the 2nd quarter. Brookfield Asset Management Inc. now owns 7,889,445 shares of the real estate investment trust’s stock worth $178,065,000 after acquiring an additional 1,801,569 shares in the last quarter. 88.22% of the stock is currently owned by hedge funds and other institutional investors.

AMH has been the subject of several analyst reports. B. Riley set a $26.00 target price on American Homes 4 Rent and gave the company a “buy” rating in a report on Tuesday, November 14th. Citigroup initiated coverage on American Homes 4 Rent in a report on Friday, October 20th. They issued a “buy” rating and a $25.00 target price for the company. BTIG Research initiated coverage on American Homes 4 Rent in a research note on Monday, October 9th. They issued a “buy” rating and a $26.00 price target on the stock. FBR & Co reaffirmed a “buy” rating and issued a $26.00 price target on shares of American Homes 4 Rent in a research note on Friday, September 29th. Finally, Zacks Investment Research raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $25.13.

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American Homes 4 Rent Company Profile

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

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

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