Mountain Hill Investment Partners Corp. Invests $26,000 in American Homes 4 Rent (NYSE:AMH)

Mountain Hill Investment Partners Corp. bought a new stake in American Homes 4 Rent (NYSE:AMH) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 700 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Several other institutional investors have also recently bought and sold shares of AMH. National Pension Service bought a new position in shares of American Homes 4 Rent during the 4th quarter worth approximately $30,000. Jones Financial Companies Lllp grew its position in American Homes 4 Rent by 56.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 392 shares in the last quarter. UMB Bank n.a. lifted its position in American Homes 4 Rent by 77.2% during the 4th quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 607 shares in the last quarter. Assetmark Inc. boosted its stake in shares of American Homes 4 Rent by 37.1% during the 4th quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 375 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its holdings in shares of American Homes 4 Rent by 3,136.2% in the 3rd quarter. Loomis Sayles & Co. L P now owns 1,521 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 1,474 shares in the last quarter. Institutional investors own 91.87% of the company’s stock.

Analyst Upgrades and Downgrades

AMH has been the topic of several analyst reports. StockNews.com lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. JMP Securities reiterated a “market outperform” rating and set a $41.00 price objective on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Scotiabank cut shares of American Homes 4 Rent from a “sector outperform” rating to a “sector perform” rating and set a $38.00 target price for the company. in a research note on Thursday, January 23rd. Barclays upped their price target on shares of American Homes 4 Rent from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 12th. Finally, Mizuho decreased their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set an “outperform” rating for the company in a research report on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $40.29.

American Homes 4 Rent Stock Down 0.3 %

Shares of AMH opened at $36.38 on Monday. The firm has a 50 day simple moving average of $35.44 and a two-hundred day simple moving average of $36.96. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.76 and a quick ratio of 0.58. American Homes 4 Rent has a one year low of $34.01 and a one year high of $41.41. The company has a market cap of $13.46 billion, a P/E ratio of 33.68, a P/E/G ratio of 3.56 and a beta of 0.77.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.30. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. The company had revenue of $436.59 million for the quarter, compared to analyst estimates of $442.02 million. Research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.30 per share. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 3.30%. American Homes 4 Rent’s payout ratio is presently 111.11%.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.