American Homes 4 Rent (NYSE:AMH) Director B Wayne Et Al Hughes bought 1,372,200 shares of the company’s stock in a transaction dated Thursday, September 14th. The stock was bought at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of American Homes 4 Rent (AMH) opened at 22.14 on Friday. The company’s market capitalization is $5.76 billion. American Homes 4 Rent has a one year low of $19.63 and a one year high of $23.98. The company’s 50-day moving average price is $22.38 and its 200-day moving average price is $22.71.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.04). American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. The business had revenue of $237.00 million for the quarter, compared to analysts’ expectations of $236.28 million. During the same quarter in the prior year, the business posted $0.25 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, equities research analysts predict that American Homes 4 Rent will post $0.05 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.20 annualized dividend and a yield of 0.90%. American Homes 4 Rent’s dividend payout ratio is -181.82%.

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A number of institutional investors and hedge funds have recently modified their holdings of AMH. BlackRock Inc. boosted its stake in American Homes 4 Rent by 3,164.1% during the 1st quarter. BlackRock Inc. now owns 13,072,212 shares of the real estate investment trust’s stock valued at $300,137,000 after purchasing an additional 12,671,722 shares during the last quarter. FMR LLC boosted 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 valued at $412,870,000 after purchasing an additional 4,747,436 shares during the last quarter. Vanguard Group Inc. boosted its stake in American Homes 4 Rent by 7.3% during the 1st quarter. Vanguard Group Inc. now owns 35,133,842 shares of the real estate investment trust’s stock valued at $806,673,000 after purchasing an additional 2,386,955 shares during the last quarter. CI Investments Inc. purchased a new stake in American Homes 4 Rent during the 2nd quarter valued at $49,318,000. Finally, Principal Financial Group Inc. boosted its stake in American Homes 4 Rent by 435.1% during the 1st quarter. Principal Financial Group Inc. now owns 2,480,682 shares of the real estate investment trust’s stock valued at $56,956,000 after purchasing an additional 2,017,079 shares during the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.

A number of research firms have recently weighed in on AMH. Mizuho upgraded American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 target price on the stock in a report on Monday, July 10th. BidaskClub upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Saturday, June 24th. Zacks Investment Research upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, July 24th. FBR & Co restated a “buy” rating on shares of American Homes 4 Rent in a report on Wednesday, May 24th. Finally, TheStreet upgraded American Homes 4 Rent from a “c” rating to a “b” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. American Homes 4 Rent presently has an average rating of “Hold” and a consensus target price of $24.83.

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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