American Homes 4 Rent (AMH) Shares Bought by Xact Kapitalforvaltning AB

Xact Kapitalforvaltning AB raised its position in shares of American Homes 4 Rent (NYSE:AMH) by 65.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,092 shares of the real estate investment trust’s stock after purchasing an additional 17,800 shares during the quarter. Xact Kapitalforvaltning AB’s holdings in American Homes 4 Rent were worth $987,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMH. Citadel Advisors LLC grew its stake in American Homes 4 Rent by 1,181.0% during the 2nd quarter. Citadel Advisors LLC now owns 2,380,096 shares of the real estate investment trust’s stock valued at $52,790,000 after purchasing an additional 2,194,301 shares during the last quarter. Principal Financial Group Inc. grew its stake in American Homes 4 Rent by 42.0% during the 1st quarter. Principal Financial Group Inc. now owns 6,111,266 shares of the real estate investment trust’s stock valued at $122,715,000 after purchasing an additional 1,808,597 shares during the last quarter. Security Capital Research & Management Inc. grew its stake in American Homes 4 Rent by 95.5% during the 2nd quarter. Security Capital Research & Management Inc. now owns 3,339,970 shares of the real estate investment trust’s stock valued at $74,081,000 after purchasing an additional 1,631,925 shares during the last quarter. Bank of America Corp DE grew its stake in American Homes 4 Rent by 146.0% during the 2nd quarter. Bank of America Corp DE now owns 2,504,080 shares of the real estate investment trust’s stock valued at $55,540,000 after purchasing an additional 1,486,363 shares during the last quarter. Finally, American Century Companies Inc. purchased a new stake in American Homes 4 Rent during the 2nd quarter valued at about $32,196,000. Institutional investors and hedge funds own 88.91% of the company’s stock.

Several analysts have weighed in on the company. Wells Fargo & Co boosted their price target on American Homes 4 Rent from $22.00 to $24.00 and gave the company a “market perform” rating in a research note on Tuesday, August 28th. Zacks Investment Research upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Monday, August 20th. Mizuho set a $25.00 price target on American Homes 4 Rent and gave the company a “buy” rating in a research note on Friday, August 3rd. Finally, Zelman & Associates downgraded American Homes 4 Rent from a “buy” rating to a “hold” rating in a research note on Monday, July 30th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $24.25.

Shares of AMH stock opened at $19.95 on Monday. The stock has a market capitalization of $5.91 billion, a PE ratio of 19.56, a P/E/G ratio of 1.38 and a beta of 0.62. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.46. American Homes 4 Rent has a 52-week low of $18.39 and a 52-week high of $23.34.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.22). The company had revenue of $280.10 million during the quarter, compared to analyst estimates of $270.24 million. American Homes 4 Rent had a net margin of 10.70% and a return on equity of 1.91%. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the firm earned $0.25 EPS. As a group, equities research analysts expect that American Homes 4 Rent will post 1.08 earnings per share for the current fiscal year.

In related news, Director Douglas N. Benham acquired 2,000 shares of the firm’s stock in a transaction dated Wednesday, October 10th. The stock was acquired at an average price of $23.73 per share, with a total value of $47,460.00. Following the acquisition, the director now directly owns 8,000 shares in the company, valued at approximately $189,840. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephanie G. Heim sold 25,100 shares of the business’s stock in a transaction dated Monday, August 20th. The shares were sold at an average price of $23.00, for a total value of $577,300.00. Following the completion of the transaction, the director now directly owns 62,876 shares of the company’s stock, valued at approximately $1,446,148. The disclosure for this sale can be found here. In the last three months, insiders sold 150,000 shares of company stock valued at $3,450,000. Insiders own 26.52% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, renovating, leasing, and operating attractive, 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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