Susquehanna Fundamental Investments LLC Invests $7.04 Million in American Homes 4 Rent (NYSE:AMH)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of American Homes 4 Rent (NYSE:AMH) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 191,406 shares of the real estate investment trust’s stock, valued at approximately $7,040,000. Susquehanna Fundamental Investments LLC owned 0.05% of American Homes 4 Rent as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. VisionPoint Advisory Group LLC bought a new stake in shares of American Homes 4 Rent during the 3rd quarter worth approximately $26,000. Blue Trust Inc. boosted its stake in shares of American Homes 4 Rent by 1,091.3% during the fourth quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 873 shares during the period. Tobam grew its holdings in shares of American Homes 4 Rent by 2,192.9% in the fourth quarter. Tobam now owns 963 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 921 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of American Homes 4 Rent in the fourth quarter worth about $44,000. Finally, Capital Analysts LLC increased its stake in American Homes 4 Rent by 58.1% in the 4th quarter. Capital Analysts LLC now owns 1,436 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 528 shares during the period. 91.87% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMH. Keefe, Bruyette & Woods upped their target price on shares of American Homes 4 Rent from $38.00 to $39.00 and gave the stock a “market perform” rating in a research note on Monday, May 13th. Scotiabank increased their price objective on American Homes 4 Rent from $39.00 to $41.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 16th. Raymond James lifted their target price on American Homes 4 Rent from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Thursday, March 28th. StockNews.com raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Citigroup upgraded American Homes 4 Rent from a “neutral” rating to a “buy” rating and raised their price target for the company from $37.00 to $41.00 in a research note on Friday, March 22nd. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.73.

American Homes 4 Rent Stock Down 1.5 %

NYSE:AMH traded down $0.53 during midday trading on Friday, reaching $36.02. 4,312,358 shares of the stock traded hands, compared to its average volume of 1,804,539. The stock has a market capitalization of $13.19 billion, a PE ratio of 36.76, a price-to-earnings-growth ratio of 3.03 and a beta of 0.74. American Homes 4 Rent has a 12-month low of $31.36 and a 12-month high of $37.97. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.59 and a current ratio of 0.59. The business has a 50-day moving average of $36.32 and a two-hundred day moving average of $35.93.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Friday, May 10th. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.13). American Homes 4 Rent had a net margin of 22.55% and a return on equity of 5.00%. The business had revenue of $423.56 million for the quarter, compared to analysts’ expectations of $421.28 million. During the same quarter in the prior year, the company posted $0.41 EPS. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, equities analysts forecast that American Homes 4 Rent will post 1.74 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a dividend of $0.26 per share. The ex-dividend date was Friday, June 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.89%. American Homes 4 Rent’s payout ratio is 106.12%.

Insider Activity

In related news, Director Douglas N. Benham acquired 3,500 shares of the stock in a transaction dated Wednesday, May 8th. The stock was acquired at an average cost of $23.00 per share, for a total transaction of $80,500.00. Following the completion of the purchase, the director now owns 37,997 shares of the company’s stock, valued at approximately $873,931. The purchase was disclosed in a document filed with the SEC, which is available through this link. In other news, Director Douglas N. Benham bought 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was purchased at an average price of $23.00 per share, with a total value of $80,500.00. Following the completion of the acquisition, the director now directly owns 37,997 shares of the company’s stock, valued at approximately $873,931. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jack E. Corrigan purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was acquired at an average price of $22.78 per share, for a total transaction of $227,800.00. Following the acquisition, the director now owns 10,000 shares in the company, valued at approximately $227,800. The disclosure for this purchase can be found here. Corporate insiders own 6.32% of the company’s stock.

American Homes 4 Rent Company Profile

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.