American Homes 4 Rent (NYSE:AMH) Director B Wayne Et Al Hughes purchased 144,137 shares of the business’s stock in a transaction on Tuesday, November 20th. The stock was bought at an average cost of $19.71 per share, for a total transaction of $2,840,940.27. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Tuesday, November 6th, B Wayne Et Al Hughes purchased 200,000 shares of American Homes 4 Rent stock. The stock was bought at an average cost of $19.91 per share, for a total transaction of $3,982,000.00.
  • On Thursday, November 8th, B Wayne Et Al Hughes purchased 991,100 shares of American Homes 4 Rent stock. The stock was bought at an average cost of $20.18 per share, for a total transaction of $20,000,398.00.

Shares of NYSE AMH traded up $0.03 during midday trading on Tuesday, reaching $19.77. The company’s stock had a trading volume of 2,033,800 shares, compared to its average volume of 2,188,513. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.45. American Homes 4 Rent has a fifty-two week low of $18.39 and a fifty-two week high of $23.34. The company has a market capitalization of $5.88 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.45 and a beta of 0.62.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.22). The business had revenue of $280.10 million during the quarter, compared to analyst estimates of $270.24 million. American Homes 4 Rent had a net margin of 10.70% and a return on equity of 1.90%. American Homes 4 Rent’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter last year, the business earned $0.25 earnings per share. As a group, sell-side analysts expect that American Homes 4 Rent will post 1.08 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, December 13th. This represents a $0.20 dividend on an annualized basis and a yield of 1.01%. American Homes 4 Rent’s payout ratio is 19.61%.

A number of analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, August 20th. Zelman & Associates downgraded shares of American Homes 4 Rent from a “buy” rating to a “hold” rating in a report on Monday, July 30th. Mizuho downgraded shares of American Homes 4 Rent from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $24.00 to $22.00 in a report on Wednesday, November 14th. Wells Fargo & Co lifted their price objective on shares of American Homes 4 Rent from $22.00 to $24.00 and gave the company a “market perform” rating in a report on Tuesday, August 28th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of American Homes 4 Rent from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, November 14th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. American Homes 4 Rent presently has a consensus rating of “Buy” and a consensus price target of $23.81.

Institutional investors and hedge funds have recently modified their holdings of the stock. Commonwealth Bank of Australia increased its holdings in American Homes 4 Rent by 42.9% during the second quarter. Commonwealth Bank of Australia now owns 1,352,840 shares of the real estate investment trust’s stock worth $30,407,000 after buying an additional 406,024 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in American Homes 4 Rent by 14.7% during the third quarter. State of Alaska Department of Revenue now owns 110,222 shares of the real estate investment trust’s stock worth $2,412,000 after buying an additional 14,155 shares during the last quarter. Security Capital Research & Management Inc. increased its holdings in American Homes 4 Rent by 95.5% during the second quarter. Security Capital Research & Management Inc. now owns 3,339,970 shares of the real estate investment trust’s stock worth $74,081,000 after buying an additional 1,631,925 shares during the last quarter. Northern Trust Corp increased its holdings in American Homes 4 Rent by 4.1% during the second quarter. Northern Trust Corp now owns 2,678,265 shares of the real estate investment trust’s stock worth $59,405,000 after buying an additional 106,297 shares during the last quarter. Finally, Employees Retirement System of Texas increased its holdings in American Homes 4 Rent by 14.3% during the second quarter. Employees Retirement System of Texas now owns 383,500 shares of the real estate investment trust’s stock worth $8,506,000 after buying an additional 48,000 shares during the last quarter. Institutional investors and hedge funds own 88.20% of the company’s stock.

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About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, renovating, leasing, and operating attractive, single-family homes as rental properties.

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