American Homes 4 Rent (NYSE:AMH) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

A number of other equities analysts also recently commented on AMH. FBR & Co reissued a “buy” rating on shares of American Homes 4 Rent in a research report on Saturday, May 6th. Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $24.00 price objective on shares of American Homes 4 Rent in a research report on Monday, May 15th. Mizuho raised American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 price objective for the company in a research report on Monday, July 10th. Finally, TheStreet raised American Homes 4 Rent from a “c” rating to a “b” rating in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $25.00.

American Homes 4 Rent (NYSE:AMH) opened at 22.74 on Friday. The company’s market capitalization is $5.92 billion. The firm’s 50-day moving average is $22.71 and its 200 day moving average is $22.80. American Homes 4 Rent has a one year low of $19.62 and a one year high of $23.98.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.04. The firm had revenue of $237 million during the quarter, compared to analyst estimates of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.25 earnings per share. On average, equities analysts expect that American Homes 4 Rent will post $0.05 EPS for the current fiscal year.

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In other news, insider Bryan Smith sold 12,432 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $22.40, for a total transaction of $278,476.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 27.82% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. FNY Partners Fund LP acquired a new stake in American Homes 4 Rent during the first quarter valued at $114,000. PNC Financial Services Group Inc. boosted its stake in American Homes 4 Rent by 169.5% in the first quarter. PNC Financial Services Group Inc. now owns 5,442 shares of the real estate investment trust’s stock valued at $125,000 after buying an additional 3,423 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in American Homes 4 Rent by 35.0% in the second quarter. Public Employees Retirement Association of Colorado now owns 7,125 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 1,848 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in American Homes 4 Rent by 7.7% in the second quarter. The Manufacturers Life Insurance Company now owns 7,247 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 515 shares during the last quarter. Finally, Teza Capital Management LLC acquired a new stake in American Homes 4 Rent during the first quarter valued at $202,000. Hedge funds and other institutional investors own 92.20% of the company’s stock.

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.

Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

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