American Homes 4 Rent (NYSE:AMH) Stock Rating Lowered by Deutsche Bank Aktiengesellschaft

American Homes 4 Rent (NYSE:AMH) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report issued on Tuesday,Briefing.com Automated Import reports. They presently have a $37.00 price objective on the real estate investment trust’s stock, down from their prior price objective of $40.00. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 5.13% from the company’s current price.

Other equities research analysts have also issued research reports about the stock. Mizuho increased their price objective on shares of American Homes 4 Rent from $39.00 to $40.00 and gave the company an “outperform” rating in a research note on Thursday, October 10th. JMP Securities reaffirmed a “market outperform” rating and set a $41.00 price target on shares of American Homes 4 Rent in a research report on Tuesday, January 14th. StockNews.com lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd. Barclays began coverage on American Homes 4 Rent in a research note on Tuesday, December 17th. They issued an “equal weight” rating and a $39.00 price objective for the company. Finally, Evercore ISI raised American Homes 4 Rent from an “in-line” rating to an “outperform” rating and raised their target price for the company from $41.00 to $42.00 in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, American Homes 4 Rent currently has an average rating of “Moderate Buy” and an average target price of $41.20.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $35.19 on Tuesday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.59. The firm has a fifty day simple moving average of $37.00 and a two-hundred day simple moving average of $37.62. American Homes 4 Rent has a 12 month low of $33.75 and a 12 month high of $41.41. The firm has a market capitalization of $13.00 billion, a PE ratio of 36.66, a price-to-earnings-growth ratio of 2.96 and a beta of 0.78.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.23). The company had revenue of $445.06 million for the quarter, compared to analyst estimates of $443.81 million. American Homes 4 Rent had a net margin of 21.51% and a return on equity of 4.76%. American Homes 4 Rent’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 EPS. Analysts forecast that American Homes 4 Rent will post 1.77 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, COO Bryan Smith sold 40,000 shares of the stock in a transaction 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 sale, the chief operating officer now owns 125,580 shares in the company, valued at approximately $4,746,924. This trade represents a 24.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Douglas N. Benham acquired 3,286 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $24.49 per share, with a total value of $80,474.14. Following the purchase, the director now directly owns 41,946 shares of the company’s stock, valued at $1,027,257.54. This trade represents a 8.50 % increase in their position. The disclosure for this purchase can be found here. 6.05% of the stock is owned by corporate insiders.

Institutional Trading of American Homes 4 Rent

Several institutional investors and hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC raised its position in shares of American Homes 4 Rent by 31.6% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,144 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 275 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in American Homes 4 Rent by 24.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,588 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 310 shares during the last quarter. Creative Planning raised its position in American Homes 4 Rent by 2.4% during the third quarter. Creative Planning now owns 14,181 shares of the real estate investment trust’s stock valued at $544,000 after purchasing an additional 330 shares in the last quarter. US Bancorp DE lifted its stake in American Homes 4 Rent by 3.3% during the third quarter. US Bancorp DE now owns 14,896 shares of the real estate investment trust’s stock worth $572,000 after purchasing an additional 478 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in American Homes 4 Rent by 14.0% during the fourth quarter. GAMMA Investing LLC now owns 4,091 shares of the real estate investment trust’s stock worth $153,000 after purchasing an additional 503 shares during the last quarter. Hedge funds and other institutional investors own 91.87% 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.