Capital Square LLC Has $525,000 Stock Holdings in American Homes 4 Rent (NYSE:AMH)

Capital Square LLC boosted its position in shares of American Homes 4 Rent (NYSE:AMH) by 44.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,666 shares of the real estate investment trust’s stock after acquiring an additional 4,220 shares during the period. Capital Square LLC’s holdings in American Homes 4 Rent were worth $525,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Maryland Capital Advisors Inc. acquired a new stake in shares of American Homes 4 Rent during the 3rd quarter valued at about $25,000. UMB Bank n.a. boosted its holdings in American Homes 4 Rent by 331.9% during the third quarter. UMB Bank n.a. now owns 786 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 604 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in American Homes 4 Rent during the second quarter valued at approximately $32,000. Assetmark Inc. grew its stake in shares of American Homes 4 Rent by 359.1% in the 3rd quarter. Assetmark Inc. now owns 1,010 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 790 shares during the period. Finally, Wetzel Investment Advisors Inc. acquired a new position in shares of American Homes 4 Rent in the 2nd quarter worth approximately $44,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Trading Up 0.9 %

NYSE:AMH traded up $0.34 during mid-day trading on Monday, hitting $38.00. The company had a trading volume of 47,851 shares, compared to its average volume of 2,527,537. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.58 and a current ratio of 0.58. American Homes 4 Rent has a fifty-two week low of $33.75 and a fifty-two week high of $41.41. The firm has a market cap of $14.04 billion, a P/E ratio of 39.23, a P/E/G ratio of 3.25 and a beta of 0.77. The business’s fifty day moving average is $37.91 and its two-hundred day moving average is $37.43.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.23). American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. The firm had revenue of $445.06 million during the quarter, compared to analyst estimates of $443.81 million. During the same quarter in the prior year, the business earned $0.41 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. As a group, research analysts expect that American Homes 4 Rent will post 1.77 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Friday, December 13th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 108.33%.

Analyst Upgrades and Downgrades

AMH has been the topic of several recent analyst reports. Scotiabank reaffirmed an “outperform” rating and issued a $42.00 price target on shares of American Homes 4 Rent in a research note on Wednesday, August 21st. StockNews.com downgraded shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Thursday, October 24th. Mizuho increased their target price on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Thursday, October 10th. Wells Fargo & Company upgraded shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $36.00 to $42.00 in a research note on Monday, August 26th. Finally, Evercore ISI upgraded shares of American Homes 4 Rent from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $41.00 to $42.00 in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $41.60.

American Homes 4 Rent 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.