Quest Partners LLC Has $5.40 Million Stake in American Homes 4 Rent (NYSE:AMH)

Quest Partners LLC increased its stake in shares of American Homes 4 Rent (NYSE:AMH) by 1,172,625.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 140,727 shares of the real estate investment trust’s stock after purchasing an additional 140,715 shares during the quarter. American Homes 4 Rent accounts for 0.5% of Quest Partners LLC’s holdings, making the stock its 3rd biggest holding. Quest Partners LLC’s holdings in American Homes 4 Rent were worth $5,403,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMH. V Square Quantitative Management LLC lifted its stake in American Homes 4 Rent by 31.6% in the third quarter. V Square Quantitative Management LLC now owns 1,144 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 275 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of American Homes 4 Rent by 24.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,588 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 310 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of American Homes 4 Rent by 12.5% during the 1st quarter. Advisors Asset Management Inc. now owns 2,816 shares of the real estate investment trust’s stock worth $104,000 after acquiring an additional 314 shares during the last quarter. Creative Planning boosted its holdings in American Homes 4 Rent by 2.4% during the 3rd quarter. Creative Planning now owns 14,181 shares of the real estate investment trust’s stock valued at $544,000 after acquiring an additional 330 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its position in American Homes 4 Rent by 2.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 14,639 shares of the real estate investment trust’s stock valued at $544,000 after acquiring an additional 357 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Trading Up 0.2 %

AMH opened at $37.60 on Monday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.59. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 3.24 and a beta of 0.77. American Homes 4 Rent has a 12 month low of $33.75 and a 12 month high of $41.41. The stock has a fifty day moving average price of $38.17 and a 200-day moving average price of $37.38.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a return on equity of 4.76% and a net margin of 21.51%. The firm had revenue of $445.06 million during the quarter, compared to the consensus estimate of $443.81 million. During the same quarter in the prior year, the firm posted $0.41 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities research analysts anticipate that American Homes 4 Rent will post 1.77 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.26 per share. The ex-dividend date is Friday, December 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.77%. American Homes 4 Rent’s payout ratio is 108.33%.

Analyst Ratings Changes

AMH has been the subject of a number of recent analyst reports. Mizuho boosted their target price on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the company an “outperform” rating in a research note on Thursday, October 10th. The Goldman Sachs Group started coverage on shares of American Homes 4 Rent in a research note on Wednesday, September 4th. They issued a “buy” rating and a $48.00 target price on the stock. UBS Group lifted their price target on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, August 16th. StockNews.com lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. raised their price objective on American Homes 4 Rent from $38.00 to $43.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.60.

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.