American Homes 4 Rent (AMH) Holdings Reduced by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in shares of American Homes 4 Rent (NYSE:AMH) by 28.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 250,000 shares of the real estate investment trust’s stock after selling 100,000 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.09% of American Homes 4 Rent worth $5,020,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Swiss National Bank boosted its stake in American Homes 4 Rent by 12.5% during the first quarter. Swiss National Bank now owns 448,017 shares of the real estate investment trust’s stock worth $8,996,000 after buying an additional 49,900 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in American Homes 4 Rent by 10.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,389,052 shares of the real estate investment trust’s stock worth $47,971,000 after buying an additional 233,292 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in American Homes 4 Rent by 1.9% during the first quarter. State Board of Administration of Florida Retirement System now owns 258,597 shares of the real estate investment trust’s stock worth $5,193,000 after buying an additional 4,700 shares during the period. Boston Partners boosted its stake in American Homes 4 Rent by 2.2% during the first quarter. Boston Partners now owns 3,568,095 shares of the real estate investment trust’s stock worth $71,647,000 after buying an additional 75,989 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in American Homes 4 Rent by 389.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,830 shares of the real estate investment trust’s stock worth $1,944,000 after buying an additional 77,064 shares during the period. 85.74% of the stock is owned by institutional investors.

AMH has been the subject of several recent analyst reports. BTIG Research dropped their price objective on shares of American Homes 4 Rent from $26.00 to $23.00 and set a “buy” rating for the company in a research note on Monday, February 26th. Mizuho set a $22.00 price objective on shares of American Homes 4 Rent and gave the stock a “buy” rating in a research note on Tuesday, February 27th. ValuEngine downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Thursday. B. Riley set a $26.00 target price on American Homes 4 Rent and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Tuesday, February 27th. Three research analysts have rated the stock with a sell rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $24.56.



NYSE:AMH opened at $19.70 on Monday. American Homes 4 Rent has a twelve month low of $18.39 and a twelve month high of $23.23. The firm has a market cap of $5.83 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 1.29 and a beta of 0.59. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.48.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, May 3rd. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $258.00 million during the quarter, compared to the consensus estimate of $251.72 million. American Homes 4 Rent had a net margin of 9.07% and a return on equity of 1.56%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 earnings per share. sell-side analysts anticipate that American Homes 4 Rent will post 1.11 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 2nd. Investors of record on Friday, June 15th will be issued a $0.05 dividend. The ex-dividend date is Thursday, June 14th. This represents a $0.20 annualized dividend and a dividend yield of 1.02%. American Homes 4 Rent’s payout ratio is currently 19.61%.

American Homes 4 Rent declared that its Board of Directors has approved a share buyback program on Thursday, February 22nd that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the real estate investment trust to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

In other American Homes 4 Rent news, Director Dann V. Angeloff sold 3,000 shares of the business’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $19.67, for a total value of $59,010.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Tamara Hughes Gustavson bought 507,614 shares of American Homes 4 Rent stock in a transaction on Friday, May 18th. The stock was purchased at an average price of $19.70 per share, with a total value of $9,999,995.80. Following the completion of the acquisition, the director now directly owns 15,586,898 shares of the company’s stock, valued at approximately $307,061,890.60. The disclosure for this purchase can be found here. Insiders purchased 769,999 shares of company stock valued at $15,418,516 over the last 90 days. 26.52% of the stock is currently owned by corporate insiders.

About American Homes 4 Rent

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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