American Homes 4 Rent (NYSE:AMH) Director B Wayne Et Al Hughes bought 469,000 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was purchased at an average price of $21.30 per share, with a total value of $9,989,700.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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 purchased 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 purchased 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 purchased 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 purchased at an average price of $21.84 per share, with a total value of $29,968,848.00.

Shares of American Homes 4 Rent (NYSE AMH) opened at $21.77 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. The firm has a market cap of $6,230.00, a P/E ratio of 20.69, a P/E/G ratio of 1.80 and a beta of 0.68. American Homes 4 Rent has a fifty-two week low of $19.62 and a fifty-two week high of $23.98.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Friday, December 29th. American Homes 4 Rent’s dividend payout ratio is currently 2,000.00%.

Several institutional investors have recently modified their holdings of the stock. AXA grew its holdings in 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 acquiring an additional 83,814 shares during the period. Neuberger Berman Group LLC grew its holdings in 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 acquiring an additional 129,374 shares during the period. Cubist Systematic Strategies LLC grew its holdings in 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 acquiring an additional 5,274 shares during the period. Jane Street Group LLC acquired a new stake in American Homes 4 Rent during the 3rd quarter worth $1,101,000. Finally, Alyeska Investment Group L.P. acquired a new stake in American Homes 4 Rent during the 3rd quarter worth $2,171,000. 88.22% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently issued reports on AMH shares. Citigroup started coverage on shares of American Homes 4 Rent in a research note on Friday, October 20th. They issued a “buy” rating and a $25.00 target price for the company. BTIG Research initiated coverage on shares of American Homes 4 Rent in a report on Monday, October 9th. They issued a “buy” rating and a $26.00 price target for the company. BidaskClub lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Friday, August 25th. B. Riley set a $26.00 price target on shares of American Homes 4 Rent and gave the company a “buy” rating in a report on Tuesday, November 14th. Finally, Zacks Investment Research lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. One equities 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 company. The company currently has a consensus rating of “Buy” and an average price target of $25.13.

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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.

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

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