Teachers Advisors LLC increased its stake in American Homes 4 Rent (NYSE:AMH) by 1.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 948,057 shares of the real estate investment trust’s stock after buying an additional 10,374 shares during the period. Teachers Advisors LLC’s holdings in American Homes 4 Rent were worth $21,767,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. 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 valued at $205,922,000 after buying an additional 219,267 shares in the last quarter. Brookfield Asset Management Inc. increased its stake in shares of American Homes 4 Rent by 5.0% in the fourth quarter. Brookfield Asset Management Inc. now owns 6,625,576 shares of the real estate investment trust’s stock worth $139,005,000 after buying an additional 316,367 shares during the period. Ameriprise Financial Inc. increased its stake in shares of American Homes 4 Rent by 34.5% in the first quarter. Ameriprise Financial Inc. now owns 6,515,282 shares of the real estate investment trust’s stock worth $149,568,000 after buying an additional 1,670,871 shares during the period. AEW Capital Management L P increased its stake in shares of American Homes 4 Rent by 4.1% in the first quarter. AEW Capital Management L P now owns 3,288,111 shares of the real estate investment trust’s stock worth $75,495,000 after buying an additional 128,800 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of American Homes 4 Rent by 435.1% in the first quarter. Principal Financial Group Inc. now owns 2,480,682 shares of the real estate investment trust’s stock worth $56,956,000 after buying an additional 2,017,079 shares during the period. Hedge funds and other institutional investors own 92.84% of the company’s stock.

Shares of American Homes 4 Rent (NYSE AMH) remained flat at $22.50 on Monday. 700,767 shares of the stock traded hands. The firm’s market capitalization is $5.83 billion. American Homes 4 Rent has a 1-year low of $19.62 and a 1-year high of $23.98. The stock has a 50 day moving average price of $22.70 and a 200 day moving average price of $22.72.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.04. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.71%. The company had revenue of $237 million during the quarter, compared to analyst estimates of $236.28 million. During the same quarter in the previous year, the company posted $0.25 EPS. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Analysts predict that American Homes 4 Rent will post $0.07 EPS for the current year.

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

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A number of equities research analysts recently issued reports on AMH shares. FBR & Co reiterated a “buy” rating on shares of American Homes 4 Rent in a research report on Saturday, May 6th. BidaskClub upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating in a research report on Friday, July 14th. Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Monday, July 10th. Evercore ISI started coverage on American Homes 4 Rent in a research report on Monday, June 5th. They set an “in-line” rating and a $24.50 price target on the stock. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $24.00 price target on shares of American Homes 4 Rent in a research report on Monday, May 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $24.38.

In other news, Director Tamara Hughes Gustavson acquired 462,123 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was bought at an average price of $22.21 per share, for a total transaction of $10,263,751.83. Following the transaction, the director now owns 13,600,665 shares in the company, valued at $302,070,769.65. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bryan Smith sold 12,432 shares of the company’s 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 disclosure for this sale can be found here. 27.82% of the stock is owned by corporate insiders.

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.

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

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