Crossmark Global Holdings Inc. Sells 1,027 Shares of American Homes 4 Rent (NYSE:AMH)

Crossmark Global Holdings Inc. lessened its stake in American Homes 4 Rent (NYSE:AMH) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,262 shares of the real estate investment trust’s stock after selling 1,027 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in American Homes 4 Rent were worth $753,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMH. GAMMA Investing LLC lifted its holdings in shares of American Homes 4 Rent by 24.1% during the first quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 302 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of American Homes 4 Rent by 12.5% during the first quarter. Advisors Asset Management Inc. now owns 2,816 shares of the real estate investment trust’s stock worth $104,000 after buying an additional 314 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of American Homes 4 Rent by 0.8% during the fourth quarter. M&T Bank Corp now owns 45,526 shares of the real estate investment trust’s stock worth $1,637,000 after buying an additional 348 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of American Homes 4 Rent by 2.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 14,639 shares of the real estate investment trust’s stock worth $544,000 after buying an additional 357 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in shares of American Homes 4 Rent by 15.4% during the fourth quarter. Quadrant Capital Group LLC now owns 2,763 shares of the real estate investment trust’s stock worth $99,000 after buying an additional 369 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

Analysts Set New Price Targets

AMH has been the subject of a number of research reports. Keefe, Bruyette & Woods lifted their target price on American Homes 4 Rent from $38.00 to $39.00 and gave the stock a “market perform” rating in a report on Monday, May 13th. Evercore ISI raised their price target on American Homes 4 Rent from $40.00 to $41.00 and gave the stock an “in-line” rating in a research report on Wednesday. UBS Group raised their price target on American Homes 4 Rent from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, August 16th. Barclays decreased their price target on American Homes 4 Rent from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 29th. Finally, JPMorgan Chase & Co. raised their price target on American Homes 4 Rent from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Monday, June 17th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $40.47.

American Homes 4 Rent Stock Up 1.6 %

Shares of NYSE AMH opened at $39.77 on Friday. American Homes 4 Rent has a one year low of $31.36 and a one year high of $39.90. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.59 and a quick ratio of 0.59. The business’s fifty day moving average price is $37.36 and its 200-day moving average price is $36.44. The stock has a market capitalization of $14.57 billion, a PE ratio of 40.58, a P/E/G ratio of 3.10 and a beta of 0.74.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.18). The company had revenue of $423.50 million for the quarter, compared to analysts’ expectations of $422.46 million. American Homes 4 Rent had a return on equity of 4.91% and a net margin of 21.83%. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the company posted $0.41 EPS. On average, equities research analysts anticipate that American Homes 4 Rent will post 1.74 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a dividend of $0.26 per share. The ex-dividend date is Friday, September 13th. This represents a $1.04 dividend on an annualized basis and a yield of 2.62%. American Homes 4 Rent’s dividend payout ratio (DPR) is 106.12%.

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.