American Homes 4 Rent (NYSE:AMH) Shares Acquired by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of American Homes 4 Rent (NYSE:AMH) by 209.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,403 shares of the real estate investment trust’s stock after purchasing an additional 2,303 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in American Homes 4 Rent were worth $122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. VisionPoint Advisory Group LLC acquired a new stake in shares of American Homes 4 Rent during the 3rd quarter worth $26,000. Blue Trust Inc. increased its holdings in American Homes 4 Rent by 1,091.3% in the 4th quarter. Blue Trust Inc. now owns 953 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 873 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in American Homes 4 Rent in the 1st quarter valued at $33,000. Tobam increased its holdings in American Homes 4 Rent by 2,192.9% in the 4th quarter. Tobam now owns 963 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 921 shares in the last quarter. Finally, Castleview Partners LLC increased its holdings in American Homes 4 Rent by 2,540.0% in the 3rd quarter. Castleview Partners LLC now owns 1,188 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 1,143 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, CAO Brian Reitz sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $35.53, for a total value of $106,590.00. Following the transaction, the chief accounting officer now directly owns 35,343 shares of the company’s stock, valued at $1,255,736.79. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other American Homes 4 Rent news, CAO Brian Reitz sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $35.53, for a total value of $106,590.00. Following the transaction, the chief accounting officer now directly owns 35,343 shares of the company’s stock, valued at $1,255,736.79. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Bryan Smith sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $36.77, for a total transaction of $1,838,500.00. Following the completion of the transaction, the chief operating officer now directly owns 125,580 shares in the company, valued at $4,617,576.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 60,263 shares of company stock valued at $2,212,078. 6.32% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on AMH. Jefferies Financial Group upgraded American Homes 4 Rent from a “hold” rating to a “buy” rating and increased their price target for the company from $34.00 to $41.00 in a report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of American Homes 4 Rent in a research report on Tuesday, January 30th. They set a “buy” rating and a $40.00 target price for the company. Citigroup raised shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and upped their price objective for the company from $37.00 to $41.00 in a research report on Friday, March 22nd. StockNews.com lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $39.00 price target on shares of American Homes 4 Rent in a research report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $39.67.

American Homes 4 Rent Price Performance

Shares of American Homes 4 Rent stock opened at $35.05 on Friday. American Homes 4 Rent has a 1-year low of $31.36 and a 1-year high of $37.97. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.58. The firm’s 50-day moving average price is $35.83 and its two-hundred day moving average price is $35.36. The stock has a market capitalization of $12.83 billion, a price-to-earnings ratio of 35.05, a P/E/G ratio of 2.66 and a beta of 0.70.

American Homes 4 Rent Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a dividend of $0.26 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.22. This represents a $1.04 annualized dividend and a dividend yield of 2.97%. The ex-dividend date was Thursday, March 14th. American Homes 4 Rent’s dividend payout ratio is 104.00%.

American Homes 4 Rent Company Profile

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.