Schroder Investment Management Group reduced its stake in American Homes 4 Rent (NYSE:AMH) by 15.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,156,111 shares of the real estate investment trust’s stock after selling 214,758 shares during the period. Schroder Investment Management Group owned approximately 0.45% of American Homes 4 Rent worth $25,770,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in American Homes 4 Rent by 7.3% in the 1st quarter. Vanguard Group Inc. now owns 35,133,842 shares of the real estate investment trust’s stock valued at $806,673,000 after buying an additional 2,386,955 shares during the period. BlackRock Inc. raised its holdings in American Homes 4 Rent by 3,164.1% in the 1st quarter. BlackRock Inc. now owns 13,072,212 shares of the real estate investment trust’s stock valued at $300,137,000 after buying an additional 12,671,722 shares during the period. State Street Corp raised its holdings in American Homes 4 Rent by 18.2% in the 1st quarter. State Street Corp now owns 6,066,593 shares of the real estate investment trust’s stock valued at $139,286,000 after buying an additional 935,598 shares during the period. AEW Capital Management L P raised its holdings in American Homes 4 Rent by 17.9% in the 2nd quarter. AEW Capital Management L P now owns 3,876,911 shares of the real estate investment trust’s stock valued at $91,272,000 after buying an additional 588,800 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in American Homes 4 Rent by 4.4% in the 1st quarter. Renaissance Technologies LLC now owns 3,619,546 shares of the real estate investment trust’s stock valued at $83,105,000 after buying an additional 153,505 shares during the period. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Shares of American Homes 4 Rent (AMH) opened at 21.98 on Wednesday. The firm’s 50-day moving average is $22.51 and its 200-day moving average is $22.74. American Homes 4 Rent has a 52 week low of $19.63 and a 52 week high of $23.98. The stock’s market capitalization is $5.72 billion.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.04). The firm had revenue of $237.00 million during the quarter, compared to analysts’ expectations of $236.28 million. American Homes 4 Rent had a return on equity of 0.70% and a net margin of 3.82%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.25 earnings per share. On average, equities research analysts anticipate that American Homes 4 Rent will post $0.05 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 issued a $0.05 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.91%. American Homes 4 Rent’s dividend payout ratio (DPR) is -181.82%.

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In other news, insider Bryan Smith sold 12,432 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $22.40, for a total value of $278,476.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 27.82% of the company’s stock.

Several brokerages recently issued reports on AMH. BidaskClub lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Friday, August 11th. TheStreet upgraded shares of American Homes 4 Rent from a “c” rating to a “b” rating in a report on Friday, August 4th. Zacks Investment Research upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Evercore ISI began coverage on shares of American Homes 4 Rent in a report on Monday, June 5th. They issued an “in-line” rating and a $24.50 price objective on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. American Homes 4 Rent has a consensus rating of “Hold” and an average price target of $24.83.

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

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