Jane Street Group LLC bought a new stake in American Homes 4 Rent (NYSE:AMH) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 50,708 shares of the real estate investment trust’s stock, valued at approximately $1,101,000.

Several other hedge funds have also recently modified their holdings of the company. Public Employees Retirement Association of Colorado raised its holdings in American Homes 4 Rent by 35.0% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 7,125 shares of the real estate investment trust’s stock valued at $161,000 after acquiring an additional 1,848 shares during the period. Great West Life Assurance Co. Can raised its holdings in American Homes 4 Rent by 7.3% in the 2nd quarter. Great West Life Assurance Co. Can now owns 135,825 shares of the real estate investment trust’s stock valued at $3,063,000 after acquiring an additional 9,259 shares during the period. New Mexico Educational Retirement Board raised its holdings in American Homes 4 Rent by 7.0% in the 2nd quarter. New Mexico Educational Retirement Board now owns 33,632 shares of the real estate investment trust’s stock valued at $774,000 after acquiring an additional 2,200 shares during the period. Canada Pension Plan Investment Board raised its holdings in American Homes 4 Rent by 3,139.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 398,400 shares of the real estate investment trust’s stock valued at $8,992,000 after acquiring an additional 386,100 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its holdings in American Homes 4 Rent by 14.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 2,417,232 shares of the real estate investment trust’s stock valued at $54,557,000 after acquiring an additional 308,006 shares during the period. 88.22% of the stock is currently owned by institutional investors.

In other news, Director B Wayne Et Al Hughes purchased 101,678 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, November 7th. The shares were acquired at an average price of $21.87 per share, for a total transaction of $2,223,697.86. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have purchased a total of 3,038,600 shares of company stock worth $65,685,192 in the last quarter. 27.82% of the stock is currently owned by company insiders.

American Homes 4 Rent (AMH) opened at $21.88 on Wednesday. American Homes 4 Rent has a fifty-two week low of $19.62 and a fifty-two week high of $23.98. The company has a market cap of $6,262.36, a P/E ratio of 21.20, a PEG ratio of 1.85 and a beta of 0.68. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.40.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.25 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The company had revenue of $246.80 million for the quarter, compared to analysts’ expectations of $247.96 million. American Homes 4 Rent had a net margin of 6.56% and a return on equity of 1.15%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period last year, the firm earned $0.24 earnings per share. research analysts predict that American Homes 4 Rent will post 1.03 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.20 annualized dividend and a dividend yield of 0.91%. American Homes 4 Rent’s dividend payout ratio is -2,000.00%.

AMH has been the topic of several research analyst reports. Zacks Investment Research cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. 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. BidaskClub cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Friday, August 25th. Citigroup started coverage on shares of American Homes 4 Rent in a report on Friday, October 20th. They set a “buy” rating and a $25.00 target price on the stock. Finally, BTIG Research started coverage on shares of American Homes 4 Rent in a report on Monday, October 9th. They set a “buy” rating and a $26.00 target price on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $25.13.

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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.

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

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