Traders purchased shares of American Homes 4 Rent (NYSE:AMH) on weakness during trading hours on Tuesday. $73.79 million flowed into the stock on the tick-up and $26.51 million flowed out of the stock on the tick-down, for a money net flow of $47.28 million into the stock. Of all equities tracked, American Homes 4 Rent had the 8th highest net in-flow for the day. American Homes 4 Rent traded down ($0.25) for the day and closed at $22.36

Several analysts recently issued reports on the company. Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Tuesday. BidaskClub downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Friday. TheStreet upgraded American Homes 4 Rent from a “c” rating to a “b” rating in a research note on Friday, August 4th. Mizuho upgraded American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 price target for the company in a research note on Monday, July 10th. Finally, Evercore ISI assumed coverage on American Homes 4 Rent in a research note on Monday, June 5th. They issued an “in-line” rating and a $24.50 price target for the company. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. American Homes 4 Rent has an average rating of “Hold” and an average target price of $25.00.

The company’s market capitalization is $5.82 billion. The firm’s 50-day moving average is $22.67 and its 200 day moving average is $22.80.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The business had revenue of $237 million for the quarter, compared to the consensus estimate of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. American Homes 4 Rent’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 EPS. Equities analysts anticipate that American Homes 4 Rent will post $0.05 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio is -181.82%.

In related news, insider Bryan Smith sold 12,432 shares of American Homes 4 Rent stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $22.40, for a total transaction of $278,476.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 27.82% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in AMH. Vanguard Group Inc. increased its stake in American Homes 4 Rent by 0.4% in the second quarter. Vanguard Group Inc. now owns 35,287,763 shares of the real estate investment trust’s stock worth $796,445,000 after buying an additional 153,921 shares during the last quarter. FMR LLC increased its stake in American Homes 4 Rent by 35.0% in the second quarter. FMR LLC now owns 18,292,853 shares of the real estate investment trust’s stock worth $412,870,000 after buying an additional 4,747,436 shares during the last quarter. BlackRock Inc. increased its stake in American Homes 4 Rent by 16.8% in the second quarter. BlackRock Inc. now owns 15,261,883 shares of the real estate investment trust’s stock worth $344,461,000 after buying an additional 2,189,671 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in American Homes 4 Rent by 2.5% in the first quarter. Daiwa Securities Group Inc. now owns 8,968,726 shares of the real estate investment trust’s stock worth $205,922,000 after buying an additional 219,267 shares during the last quarter. Finally, State Street Corp increased its stake in American Homes 4 Rent by 9.9% in the second quarter. State Street Corp now owns 6,669,958 shares of the real estate investment trust’s stock worth $150,541,000 after buying an additional 603,365 shares during the last quarter. Institutional investors and hedge funds own 92.20% of the company’s stock.

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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.

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