American Homes 4 Rent (NYSE:AMH) was downgraded by equities researchers at TheStreet from a “b-” rating to a “c+” rating in a report released on Wednesday.

A number of other analysts have also issued reports on the company. Citigroup assumed coverage on American Homes 4 Rent in a report on Friday, October 20th. They issued a “buy” rating and a $25.00 target price on the stock. JPMorgan Chase & Co. upgraded American Homes 4 Rent from a “neutral” rating to an “overweight” rating and set a $26.00 price objective for the company in a research report on Friday, December 15th. Keefe, Bruyette & Woods upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 7th. BTIG Research assumed coverage on American Homes 4 Rent in a research report on Monday, October 9th. They issued a “buy” rating and a $26.00 price objective for the company. Finally, Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 price objective for the company in a research report on Monday, December 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. American Homes 4 Rent has a consensus rating of “Buy” and a consensus target price of $25.22.

Shares of American Homes 4 Rent (NYSE AMH) opened at $20.46 on Wednesday. The stock has a market capitalization of $5,866.66, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 1.51 and a beta of 0.68. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a fifty-two week low of $20.29 and a fifty-two week high of $23.98.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.25. The firm had revenue of $246.80 million for the quarter, compared to analyst estimates of $247.96 million. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 EPS. equities research analysts forecast that American Homes 4 Rent will post 1.02 earnings per share for the current fiscal year.

In other news, Director B Wayne Et Al Hughes acquired 4,550 shares of American Homes 4 Rent stock in a transaction on Thursday, December 14th. The stock was bought at an average price of $22.00 per share, for a total transaction of $100,100.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders acquired a total of 1,670,950 shares of company stock valued at $35,816,444 in the last quarter. Corporate insiders own 27.82% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC lifted its position in shares of American Homes 4 Rent by 270.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 44,500 shares of the real estate investment trust’s stock worth $972,000 after buying an additional 32,500 shares during the period. AXA lifted its position in shares of American Homes 4 Rent by 8.9% during the 3rd quarter. AXA now owns 1,024,817 shares of the real estate investment trust’s stock worth $22,249,000 after buying an additional 83,814 shares during the period. Neuberger Berman Group LLC lifted its position in shares of American Homes 4 Rent by 22.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 711,190 shares of the real estate investment trust’s stock worth $15,440,000 after buying an additional 129,374 shares during the period. Cubist Systematic Strategies LLC lifted its position in shares of American Homes 4 Rent by 24.0% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 27,294 shares of the real estate investment trust’s stock worth $593,000 after buying an additional 5,274 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of American Homes 4 Rent during the 3rd quarter worth approximately $1,101,000. Institutional investors and hedge funds own 88.21% of the company’s stock.

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About American Homes 4 Rent

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.

Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

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