American Homes 4 Rent (NYSE:AMH) Earns Sell Rating from Analysts at StockNews.com

American Homes 4 Rent logoResearch analysts at StockNews.com initiated coverage on shares of American Homes 4 Rent (NYSE:AMH – Get Rating) in a report released on Thursday. The firm sets a “sell” rating on the real estate investment trust’s stock.

Other equity analysts also recently issued research reports about the company. Scotiabank started coverage on American Homes 4 Rent in a research report on Tuesday, January 17th. They set a “sector outperform” rating and a $36.00 price target for the company. JPMorgan Chase & Co. downgraded American Homes 4 Rent from an “overweight” rating to a “neutral” rating and set a $36.00 price target for the company. in a research report on Friday, December 16th. BTIG Research reissued a “buy” rating and set a $38.00 price target on shares of American Homes 4 Rent in a research report on Tuesday, November 22nd. Barclays raised their price target on American Homes 4 Rent from $37.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, the Royal Bank of Canada dropped their price target on American Homes 4 Rent from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Monday, February 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and a consensus price target of $37.09.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $30.52 on Thursday. The stock has a fifty day moving average price of $32.45 and a 200 day moving average price of $32.51. The stock has a market cap of $11.04 billion, a PE ratio of 42.99, a P/E/G ratio of 2.86 and a beta of 0.66. American Homes 4 Rent has a 1 year low of $29.10 and a 1 year high of $43.89. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.55 and a current ratio of 0.55.

Insider Buying and Selling at American Homes 4 Rent

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In other news, Director Douglas N. Benham purchased 1,156 shares of the stock in a transaction on Monday, March 6th. The stock was purchased at an average price of $24.60 per share, with a total value of $28,437.60. Following the completion of the transaction, the director now owns 24,951 shares in the company, valued at $613,794.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Douglas N. Benham acquired 1,156 shares of American Homes 4 Rent stock in a transaction on Monday, March 6th. The shares were bought at an average price of $24.60 per share, for a total transaction of $28,437.60. Following the completion of the purchase, the director now directly owns 24,951 shares in the company, valued at approximately $613,794.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Douglas N. Benham acquired 2,000 shares of American Homes 4 Rent stock in a transaction on Thursday, March 2nd. The shares were bought at an average price of $23.35 per share, for a total transaction of $46,700.00. Following the purchase, the director now owns 8,440 shares of the company’s stock, valued at $197,074. The disclosure for this purchase can be found here. 6.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Intech Investment Management LLC lifted its stake in shares of American Homes 4 Rent by 1.7% during the fourth quarter. Intech Investment Management LLC now owns 18,417 shares of the real estate investment trust’s stock worth $555,000 after purchasing an additional 304 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of American Homes 4 Rent by 0.3% in the third quarter. Oppenheimer Asset Management Inc. now owns 115,464 shares of the real estate investment trust’s stock worth $3,788,000 after acquiring an additional 357 shares in the last quarter. Comerica Bank lifted its stake in shares of American Homes 4 Rent by 4.4% in the fourth quarter. Comerica Bank now owns 9,524 shares of the real estate investment trust’s stock worth $311,000 after acquiring an additional 400 shares in the last quarter. Truist Financial Corp lifted its stake in shares of American Homes 4 Rent by 2.9% in the fourth quarter. Truist Financial Corp now owns 14,767 shares of the real estate investment trust’s stock worth $445,000 after acquiring an additional 410 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in shares of American Homes 4 Rent by 0.3% in the third quarter. Gamco Investors INC. ET AL now owns 150,958 shares of the real estate investment trust’s stock worth $4,953,000 after acquiring an additional 425 shares in the last quarter. Institutional investors and hedge funds own 84.29% of the company’s stock.

American Homes 4 Rent Company Profile

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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.

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