Deutsche Bank AG raised its holdings in American Homes 4 Rent (NYSE:AMH) by 13.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 994,383 shares of the real estate investment trust’s stock after buying an additional 118,138 shares during the quarter. Deutsche Bank AG owned 0.35% of American Homes 4 Rent worth $21,714,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMH. Bank of New York Mellon Corp grew its holdings in American Homes 4 Rent by 59.5% in the 4th quarter. Bank of New York Mellon Corp now owns 9,716,620 shares of the real estate investment trust’s stock valued at $212,211,000 after buying an additional 3,624,238 shares during the last quarter. Security Capital Research & Management Inc. grew its holdings in American Homes 4 Rent by 128.7% in the 4th quarter. Security Capital Research & Management Inc. now owns 4,731,445 shares of the real estate investment trust’s stock valued at $103,335,000 after buying an additional 2,662,450 shares during the last quarter. Virtus Fund Advisers LLC grew its holdings in American Homes 4 Rent by 104.6% in the 4th quarter. Virtus Fund Advisers LLC now owns 3,458,750 shares of the real estate investment trust’s stock valued at $75,712,000 after buying an additional 1,768,150 shares during the last quarter. BlackRock Inc. grew its holdings in American Homes 4 Rent by 4.8% in the 4th quarter. BlackRock Inc. now owns 16,554,031 shares of the real estate investment trust’s stock valued at $361,539,000 after buying an additional 765,649 shares during the last quarter. Finally, Clearbridge Investments LLC grew its holdings in American Homes 4 Rent by 18.6% in the 4th quarter. Clearbridge Investments LLC now owns 4,756,576 shares of the real estate investment trust’s stock valued at $103,884,000 after buying an additional 745,672 shares during the last quarter. 90.65% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of American Homes 4 Rent (NYSE:AMH) opened at $19.38 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a 52-week low of $18.39 and a 52-week high of $23.83. The company has a market capitalization of $5,614.74, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 1.26 and a beta of 0.65.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, February 22nd. The real estate investment trust reported $0.26 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.26. American Homes 4 Rent had a return on equity of 1.45% and a net margin of 8.43%. The company had revenue of $242.80 million during the quarter, compared to the consensus estimate of $244.81 million. During the same quarter last year, the company earned $0.26 EPS. The company’s quarterly revenue was up 6.7% on a year-over-year basis. sell-side analysts expect that American Homes 4 Rent will post 1.14 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Thursday, March 15th will be given a $0.05 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.03%. American Homes 4 Rent’s dividend payout ratio is currently -250.00%.

American Homes 4 Rent declared that its board has approved a stock buyback program on Thursday, February 22nd that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the real estate investment trust to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

A number of analysts have issued reports on AMH shares. Evercore ISI raised American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 target price on the stock in a report on Monday, December 4th. Keefe, Bruyette & Woods raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating in a report on Thursday, December 7th. JPMorgan Chase & Co. raised American Homes 4 Rent from a “neutral” rating to an “overweight” rating and set a $26.00 target price on the stock in a report on Friday, December 15th. TheStreet lowered American Homes 4 Rent from a “b-” rating to a “c+” rating in a report on Wednesday, January 10th. Finally, B. Riley set a $26.00 price objective on American Homes 4 Rent and gave the stock a “buy” rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating and eight have issued a buy rating to the company. American Homes 4 Rent has an average rating of “Buy” and a consensus price target of $24.69.

In related news, Director Dann V. Angeloff sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $19.67, for a total transaction of $59,010.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Douglas N. Benham bought 2,005 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The shares were bought at an average price of $24.80 per share, with a total value of $49,724.00. The disclosure for this purchase can be found here. 27.82% of the stock is currently owned by company insiders.

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American Homes 4 Rent 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.

Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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