American Homes 4 Rent (NYSE:AMH) Director Tamara Hughes Gustavson bought 80,681 shares of the company’s stock in a transaction dated Thursday, November 17th. The stock was bought at an average cost of $20.55 per share, for a total transaction of $1,657,994.55. Following the acquisition, the director now owns 12,972,446 shares of the company’s stock, valued at approximately $266,583,765.30. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of American Homes 4 Rent (NYSE:AMH) opened at 20.60 on Friday. The stock’s market capitalization is $4.91 billion. The firm’s 50-day moving average price is $20.79 and its 200-day moving average price is $20.33. American Homes 4 Rent has a 52-week low of $13.16 and a 52-week high of $22.99.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, November 3rd. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. American Homes 4 Rent had a negative return on equity of 0.45% and a negative net margin of 2.47%. The company had revenue of $236.10 million for the quarter, compared to the consensus estimate of $49.46 million. During the same quarter last year, the business posted $0.19 EPS. American Homes 4 Rent’s quarterly revenue was up 36.8% compared to the same quarter last year. Equities analysts forecast that American Homes 4 Rent will post $0.97 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on the company. JMP Securities reissued a “buy” rating on shares of American Homes 4 Rent in a report on Sunday, November 6th. Wells Fargo & Co. reaffirmed a “hold” rating on shares of American Homes 4 Rent in a report on Wednesday, August 17th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $20.00 price objective (up previously from $19.00) on shares of American Homes 4 Rent in a report on Saturday, August 13th. Keefe, Bruyette & Woods upped their price objective on American Homes 4 Rent from $19.00 to $22.00 and gave the stock a “market perform” rating in a report on Monday, August 8th. Finally, FBR & Co upped their price objective on American Homes 4 Rent from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, August 8th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. American Homes 4 Rent currently has an average rating of “Hold” and a consensus target price of $23.40.

Several hedge funds have recently made changes to their positions in the company. Shinko Asset Management Co. Ltd. increased its stake in shares of American Homes 4 Rent by 6,820.8% in the second quarter. Shinko Asset Management Co. Ltd. now owns 581,351 shares of the company’s stock valued at $11,906,000 after buying an additional 572,951 shares during the period. Loeb Partners Corp increased its stake in shares of American Homes 4 Rent by 7.8% in the second quarter. Loeb Partners Corp now owns 245,089 shares of the company’s stock valued at $5,020,000 after buying an additional 17,839 shares during the period. First Quadrant L P CA increased its stake in shares of American Homes 4 Rent by 12.3% in the second quarter. First Quadrant L P CA now owns 11,900 shares of the company’s stock valued at $244,000 after buying an additional 1,300 shares during the period. NEXT Financial Group Inc increased its stake in shares of American Homes 4 Rent by 2.4% in the second quarter. NEXT Financial Group Inc now owns 16,900 shares of the company’s stock valued at $346,000 after buying an additional 400 shares during the period. Finally, Raymond James Trust N.A. increased its stake in shares of American Homes 4 Rent by 5.0% in the second quarter. Raymond James Trust N.A. now owns 15,578 shares of the company’s stock valued at $319,000 after buying an additional 748 shares during the period. 77.85% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Company 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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