Federated Investors Inc. PA bought a new stake in American Homes 4 Rent (NYSE:AMH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 257,486 shares of the real estate investment trust’s stock, valued at approximately $5,811,000. Federated Investors Inc. PA owned about 0.10% of American Homes 4 Rent at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Teacher Retirement System of Texas increased its position in shares of American Homes 4 Rent by 1.5% in the second quarter. Teacher Retirement System of Texas now owns 18,405 shares of the real estate investment trust’s stock valued at $415,000 after buying an additional 280 shares in the last quarter. Amalgamated Bank increased its position in shares of American Homes 4 Rent by 3.3% in the first quarter. Amalgamated Bank now owns 23,909 shares of the real estate investment trust’s stock valued at $549,000 after buying an additional 774 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of American Homes 4 Rent by 5.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,284 shares of the real estate investment trust’s stock valued at $328,000 after buying an additional 786 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of American Homes 4 Rent by 0.6% in the first quarter. Nomura Asset Management Co. Ltd. now owns 149,466 shares of the real estate investment trust’s stock valued at $3,431,000 after buying an additional 850 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of American Homes 4 Rent by 1.5% in the first quarter. BNP Paribas Arbitrage SA now owns 83,117 shares of the real estate investment trust’s stock valued at $1,908,000 after buying an additional 1,252 shares in the last quarter. Hedge funds and other institutional investors own 93.74% of the company’s stock.

American Homes 4 Rent (AMH) opened at 22.16 on Friday. The company’s 50-day moving average is $22.67 and its 200-day moving average is $22.79. The company’s market cap is $5.77 billion. American Homes 4 Rent has a 12 month low of $19.62 and a 12 month high of $23.98.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by $0.04. American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The firm had revenue of $237 million during the quarter, compared to analysts’ expectations of $236.28 million. During the same period in the previous year, the firm earned $0.25 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. On average, equities research analysts expect that American Homes 4 Rent will post $0.06 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Thursday, September 14th. American Homes 4 Rent’s payout ratio is currently -181.82%.

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Several brokerages have recently issued reports on AMH. FBR & Co reiterated a “buy” rating on shares of American Homes 4 Rent in a research note on Saturday, May 6th. Zacks Investment Research downgraded shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $24.00 target price on shares of American Homes 4 Rent in a research note on Monday, May 15th. Finally, BidaskClub upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $25.00.

In other news, insider Bryan Smith sold 12,432 shares of American Homes 4 Rent stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $22.40, for a total value of $278,476.80. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 27.82% of the stock is owned by insiders.

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.

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

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