Hsbc Holdings PLC Has $19.46 Million Position in American Homes 4 Rent (NYSE:AMH)

Hsbc Holdings PLC lifted its stake in American Homes 4 Rent (NYSE:AMH) by 44.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 521,293 shares of the real estate investment trust’s stock after buying an additional 159,371 shares during the period. Hsbc Holdings PLC owned about 0.14% of American Homes 4 Rent worth $19,461,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. bought a new stake in shares of American Homes 4 Rent in the 4th quarter worth approximately $26,000. National Pension Service bought a new position in American Homes 4 Rent in the fourth quarter worth $30,000. Jones Financial Companies Lllp boosted its stake in American Homes 4 Rent by 56.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 392 shares in the last quarter. UMB Bank n.a. boosted its stake in American Homes 4 Rent by 77.2% during the fourth quarter. UMB Bank n.a. now owns 1,393 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 607 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in American Homes 4 Rent by 37.1% in the 4th quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 375 shares during the period. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Price Performance

Shares of AMH stock opened at $36.81 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $13.62 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 3.56 and a beta of 0.73. The firm’s 50 day moving average is $36.07 and its 200-day moving average is $36.44. American Homes 4 Rent has a 1 year low of $31.68 and a 1 year high of $41.41.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.30. The firm had revenue of $436.59 million for the quarter, compared to the consensus estimate of $442.02 million. American Homes 4 Rent had a return on equity of 5.33% and a net margin of 23.86%. Sell-side 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 announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.30 per share. The ex-dividend date was Friday, March 14th. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a yield of 3.26%. American Homes 4 Rent’s dividend payout ratio is presently 111.11%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Mizuho reduced their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Morgan Stanley upgraded American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $39.00 to $40.00 in a research note on Friday, January 24th. Royal Bank of Canada cut their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. Deutsche Bank Aktiengesellschaft cut American Homes 4 Rent from a “buy” rating to a “hold” rating and lowered their price target for the company from $40.00 to $37.00 in a research report on Tuesday, January 21st. Finally, Raymond James cut their price objective on American Homes 4 Rent from $44.00 to $39.00 and set an “outperform” rating for the company in a report on Friday, April 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.14.

About American Homes 4 Rent

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.