UBS Asset Management Americas Inc. boosted its stake in American Homes 4 Rent (NYSE:AMH) by 13.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 486,113 shares of the real estate investment trust’s stock after acquiring an additional 57,731 shares during the period. UBS Asset Management Americas Inc. owned 0.19% of American Homes 4 Rent worth $10,972,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in American Homes 4 Rent by 7.3% in the first quarter. Vanguard Group Inc. now owns 35,133,842 shares of the real estate investment trust’s stock worth $806,673,000 after acquiring an additional 2,386,955 shares during the period. BlackRock Inc. raised its position in American Homes 4 Rent by 16.8% in the second quarter. BlackRock Inc. now owns 15,261,883 shares of the real estate investment trust’s stock worth $344,461,000 after acquiring an additional 2,189,671 shares during the period. Ameriprise Financial Inc. raised its position in American Homes 4 Rent by 2.1% in the second quarter. Ameriprise Financial Inc. now owns 6,651,192 shares of the real estate investment trust’s stock worth $150,091,000 after acquiring an additional 135,910 shares during the period. State Street Corp raised its position in American Homes 4 Rent by 18.2% in the first quarter. State Street Corp now owns 6,066,593 shares of the real estate investment trust’s stock worth $139,286,000 after acquiring an additional 935,598 shares during the period. Finally, AEW Capital Management L P raised its position in American Homes 4 Rent by 17.9% in the second quarter. AEW Capital Management L P now owns 3,876,911 shares of the real estate investment trust’s stock worth $91,272,000 after acquiring an additional 588,800 shares during the period. 93.74% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent (AMH) opened at 21.78 on Thursday. The stock’s market cap is $5.67 billion. The stock has a 50 day moving average of $22.15 and a 200 day moving average of $22.61. American Homes 4 Rent has a 1-year low of $19.63 and a 1-year 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 for the quarter, missing the Thomson Reuters’ consensus estimate 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 business had revenue of $237.00 million during the quarter, compared to the consensus estimate of $236.28 million. During the same quarter last year, the company earned $0.25 EPS. American Homes 4 Rent’s revenue for the quarter was up 7.6% on a year-over-year basis. Equities analysts anticipate that American Homes 4 Rent will post $0.05 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend was Thursday, September 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently -181.82%.

Several brokerages have commented on AMH. BidaskClub lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. TheStreet raised shares of American Homes 4 Rent from a “c” rating to a “b” rating in a research report on Friday, August 4th. FBR & Co reaffirmed a “buy” rating and issued a $26.00 price objective on shares of American Homes 4 Rent in a research report on Friday, September 29th. Zacks Investment Research raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 price objective on the stock in a research report on Monday, July 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. American Homes 4 Rent presently has an average rating of “Hold” and a consensus price target of $24.80.

In other American Homes 4 Rent news, Director B Wayne Et Al Hughes acquired 1,372,200 shares of the stock in a transaction dated Thursday, September 14th. The shares were purchased at an average price of $21.84 per share, for a total transaction of $29,968,848.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 27.82% of the stock is owned by corporate insiders.

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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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