Prudential Financial Inc. grew its holdings in American Homes 4 Rent (NYSE:AMH) by 8.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,180 shares of the real estate investment trust’s stock after acquiring an additional 1,600 shares during the period. Prudential Financial Inc.’s holdings in American Homes 4 Rent were worth $478,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Teacher Retirement System of Texas lifted 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 worth $415,000 after buying an additional 280 shares in the last quarter. Amalgamated Bank lifted 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 worth $549,000 after buying an additional 774 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted 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 worth $3,431,000 after buying an additional 850 shares in the last quarter. GAM Holding AG lifted its position in shares of American Homes 4 Rent by 4.8% in the second quarter. GAM Holding AG now owns 19,436 shares of the real estate investment trust’s stock worth $439,000 after buying an additional 897 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado lifted its position in shares of 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 worth $161,000 after buying an additional 1,848 shares in the last quarter. Institutional investors own 93.74% of the company’s stock.

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

AMH has been the topic of a number of research analyst reports. Zacks Investment Research upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. BidaskClub upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating in a research report on Saturday, June 24th. Mizuho upgraded American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $25.50 target price on the stock in a research report on Monday, July 10th. Finally, BTIG Research initiated coverage on American Homes 4 Rent in a research report on Monday. They issued a “buy” rating and a $26.00 target price on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $25.00.

Shares of American Homes 4 Rent (NYSE AMH) opened at 21.76 on Wednesday. American Homes 4 Rent has a 12 month low of $19.63 and a 12 month high of $23.98. The firm’s 50-day moving average price is $22.01 and its 200-day moving average price is $22.56. The stock’s market capitalization is $5.66 billion.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.04). The firm had revenue of $237.00 million for the quarter, compared to analysts’ expectations of $236.28 million. American Homes 4 Rent had a net margin of 3.82% and a return on equity of 0.70%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.25 EPS. On average, equities research analysts forecast that American Homes 4 Rent will post $0.05 EPS for the current year.

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

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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