American Homes 4 Rent (NYSE:AMH) COO Jack E. Corrigan sold 600,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $23.75, for a total value of $14,250,000.00. Following the completion of the sale, the chief operating officer now directly owns 100 shares in the company, valued at $2,375. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

NYSE:AMH traded up $0.04 during trading hours on Monday, hitting $23.83. The company’s stock had a trading volume of 2,075,021 shares, compared to its average volume of 2,170,020. The firm has a market capitalization of $7.09 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 2.17 and a beta of 0.74. The company has a quick ratio of 0.93, a current ratio of 1.30 and a debt-to-equity ratio of 0.49. American Homes 4 Rent has a twelve month low of $18.91 and a twelve month high of $24.45.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.21). The business had revenue of $279.20 million during the quarter, compared to analyst estimates of $275.90 million. American Homes 4 Rent had a net margin of 10.78% and a return on equity of 1.98%. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business earned $0.24 earnings per share. On average, analysts anticipate that American Homes 4 Rent will post 1.11 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.20 annualized dividend and a yield of 0.84%. American Homes 4 Rent’s dividend payout ratio is presently 18.87%.

AMH has been the topic of several research analyst reports. Wells Fargo & Co reaffirmed a “hold” rating on shares of American Homes 4 Rent in a research note on Thursday, March 14th. Zacks Investment Research lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Monday, April 1st. ValuEngine lowered American Homes 4 Rent from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Finally, Mizuho raised American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $24.00 price objective on the stock in a research note on Tuesday, February 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. American Homes 4 Rent currently has a consensus rating of “Buy” and a consensus target price of $23.83.

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc raised its position in American Homes 4 Rent by 3.4% in the third quarter. Vanguard Group Inc now owns 37,392,589 shares of the real estate investment trust’s stock valued at $818,524,000 after purchasing an additional 1,212,586 shares during the last quarter. Nisa Investment Advisors LLC raised its position in American Homes 4 Rent by 56.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 48,400 shares of the real estate investment trust’s stock valued at $961,000 after purchasing an additional 17,400 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in American Homes 4 Rent by 33.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 320,000 shares of the real estate investment trust’s stock valued at $6,352,000 after purchasing an additional 80,000 shares during the last quarter. State of Alaska Department of Revenue raised its position in American Homes 4 Rent by 0.9% in the first quarter. State of Alaska Department of Revenue now owns 113,289 shares of the real estate investment trust’s stock valued at $2,572,000 after purchasing an additional 1,009 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in American Homes 4 Rent by 69.3% in the third quarter. Teachers Advisors LLC now owns 2,148,116 shares of the real estate investment trust’s stock valued at $47,022,000 after purchasing an additional 879,490 shares during the last quarter. Hedge funds and other institutional investors own 87.10% of the company’s stock.

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American Homes 4 Rent Company Profile

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

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