Oregon Public Employees Retirement Fund Has $2.42 Million Holdings in American Homes 4 Rent (NYSE:AMH)

Oregon Public Employees Retirement Fund raised its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,583 shares of the real estate investment trust’s stock after purchasing an additional 843 shares during the period. Oregon Public Employees Retirement Fund’s holdings in American Homes 4 Rent were worth $2,417,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in AMH. Creative Planning increased its stake in shares of American Homes 4 Rent by 2.4% in the 3rd quarter. Creative Planning now owns 14,181 shares of the real estate investment trust’s stock valued at $544,000 after acquiring an additional 330 shares during the last quarter. US Bancorp DE increased its stake in shares of American Homes 4 Rent by 3.3% in the 3rd quarter. US Bancorp DE now owns 14,896 shares of the real estate investment trust’s stock valued at $572,000 after acquiring an additional 478 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of American Homes 4 Rent by 14.0% in the 4th quarter. GAMMA Investing LLC now owns 4,091 shares of the real estate investment trust’s stock valued at $153,000 after acquiring an additional 503 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of American Homes 4 Rent by 19.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 3,589 shares of the real estate investment trust’s stock valued at $138,000 after acquiring an additional 596 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of American Homes 4 Rent by 77.2% in the 4th quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 607 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Royal Bank of Canada lowered their price target on American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a research note on Monday. Keefe, Bruyette & Woods lowered their price target on American Homes 4 Rent from $39.00 to $38.00 and set a “market perform” rating for the company in a research note on Wednesday, November 6th. Morgan Stanley raised American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $39.00 to $40.00 in a research note on Friday, January 24th. Evercore ISI raised American Homes 4 Rent from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $41.00 to $42.00 in a research note on Monday, November 11th. Finally, Barclays lowered their target price on American Homes 4 Rent from $39.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $40.47.

American Homes 4 Rent Price Performance

Shares of AMH opened at $36.46 on Friday. The stock has a market capitalization of $13.47 billion, a P/E ratio of 33.75, a P/E/G ratio of 3.56 and a beta of 0.78. American Homes 4 Rent has a twelve month low of $34.01 and a twelve month high of $41.41. The company has a 50 day moving average of $35.63 and a 200-day moving average of $37.29. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.64.

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 for the quarter, topping the consensus estimate of $0.15 by $0.30. The company had revenue of $436.59 million during the quarter, compared to analysts’ expectations of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. As a group, equities 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 declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.30 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.26. This represents a $1.20 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Friday, March 14th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 111.11%.

Insider Transactions at American Homes 4 Rent

In other 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 value of $1,512,000.00. Following the completion of the sale, the chief operating officer now owns 125,580 shares of the company’s stock, valued at approximately $4,746,924. This represents a 24.16 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Douglas N. Benham acquired 3,286 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average cost of $24.49 per share, with a total value of $80,474.14. Following the acquisition, the director now owns 41,946 shares in the company, valued at $1,027,257.54. The trade was a 8.50 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 6.32% of the company’s stock.

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.