American Homes 4 Rent (NYSE:AMH) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Friday.

AMH has been the subject of several other reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $24.00 price objective on shares of American Homes 4 Rent in a research report on Friday, May 5th. 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. Zacks Investment Research raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. FBR & Co reaffirmed a “buy” rating on shares of American Homes 4 Rent in a research report on Wednesday, May 24th. 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 given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $25.00.

American Homes 4 Rent (NYSE AMH) opened at 22.65 on Friday. The stock’s market capitalization is $5.90 billion. The stock’s 50 day moving average is $22.72 and its 200 day moving average is $22.81. American Homes 4 Rent has a one year low of $19.63 and a one year high of $23.98.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $236.28 million. American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.25 earnings per share. On average, equities analysts forecast that American Homes 4 Rent will post $0.05 EPS for the current year.

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In related news, insider Bryan Smith sold 12,432 shares of the stock in a transaction that occurred on 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 27.82% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D boosted its stake in American Homes 4 Rent by 20.0% in the first quarter. State of New Jersey Common Pension Fund D now owns 60,000 shares of the real estate investment trust’s stock worth $1,378,000 after buying an additional 10,000 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp boosted its stake in American Homes 4 Rent by 53.0% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 48,438 shares of the real estate investment trust’s stock worth $1,112,000 after buying an additional 16,787 shares during the last quarter. Wells Fargo & Company MN boosted its stake in American Homes 4 Rent by 105.1% in the first quarter. Wells Fargo & Company MN now owns 344,780 shares of the real estate investment trust’s stock worth $7,916,000 after buying an additional 176,711 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in American Homes 4 Rent by 668.8% in the first quarter. Canada Pension Plan Investment Board now owns 12,300 shares of the real estate investment trust’s stock worth $282,000 after buying an additional 10,700 shares during the last quarter. Finally, Monarch Partners Asset Management LLC acquired a new stake in American Homes 4 Rent during the first quarter worth about $13,599,000. 92.20% of the stock is owned by institutional investors.

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.

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

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