American Homes 4 Rent (NYSE:AMH) Stock Holdings Increased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in American Homes 4 Rent (NYSE:AMH) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,334,035 shares of the real estate investment trust’s stock after purchasing an additional 110,022 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.17% of American Homes 4 Rent worth $162,180,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMH. Principal Financial Group Inc. raised its position in shares of American Homes 4 Rent by 6.8% during the fourth quarter. Principal Financial Group Inc. now owns 15,987,142 shares of the real estate investment trust’s stock worth $598,232,000 after purchasing an additional 1,015,351 shares during the period. JPMorgan Chase & Co. boosted its stake in American Homes 4 Rent by 1.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,115,483 shares of the real estate investment trust’s stock worth $503,503,000 after purchasing an additional 214,242 shares during the period. FMR LLC grew its position in American Homes 4 Rent by 12.9% during the 3rd quarter. FMR LLC now owns 8,225,592 shares of the real estate investment trust’s stock worth $315,780,000 after purchasing an additional 937,116 shares in the last quarter. Duff & Phelps Investment Management Co. raised its stake in American Homes 4 Rent by 5.9% during the 3rd quarter. Duff & Phelps Investment Management Co. now owns 3,552,301 shares of the real estate investment trust’s stock valued at $136,373,000 after purchasing an additional 199,234 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in American Homes 4 Rent by 9.2% during the 4th quarter. Bank of New York Mellon Corp now owns 2,958,336 shares of the real estate investment trust’s stock valued at $110,701,000 after purchasing an additional 248,729 shares during the period. 91.87% of the stock is currently owned by institutional investors.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, COO Bryan Smith sold 40,000 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $37.80, for a total transaction of $1,512,000.00. Following the transaction, the chief operating officer now owns 125,580 shares in the company, valued at $4,746,924. This trade represents a 24.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 6.32% of the company’s stock.

American Homes 4 Rent Trading Up 0.4 %

NYSE:AMH opened at $36.22 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.58 and a current ratio of 0.76. The company has a market capitalization of $13.41 billion, a P/E ratio of 33.54, a P/E/G ratio of 3.56 and a beta of 0.78. American Homes 4 Rent has a 52 week low of $34.01 and a 52 week high of $41.41. The stock’s 50 day moving average price is $35.60 and its 200 day moving average price is $37.23.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 EPS for the quarter, topping the consensus estimate of $0.15 by $0.30. The firm had revenue of $436.59 million for the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. On average, 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 given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.31%. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, March 14th. American Homes 4 Rent’s dividend payout ratio is presently 111.11%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMH. Barclays lowered their price target on American Homes 4 Rent from $39.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. JMP Securities reaffirmed a “market outperform” rating and set a $41.00 target price on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Morgan Stanley upgraded American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $39.00 to $40.00 in a report on Friday, January 24th. StockNews.com downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. Finally, Royal Bank of Canada dropped their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $40.47.

About American Homes 4 Rent

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.