Janus Henderson Group PLC Has $16.21 Million Stake in American Homes 4 Rent (AMH)

Janus Henderson Group PLC cut its position in American Homes 4 Rent (NYSE:AMH) by 5.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 713,015 shares of the real estate investment trust’s stock after selling 37,866 shares during the quarter. Janus Henderson Group PLC’s holdings in American Homes 4 Rent were worth $16,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Utah Retirement Systems raised its holdings in American Homes 4 Rent by 1.1% in the fourth quarter. Utah Retirement Systems now owns 53,932 shares of the real estate investment trust’s stock valued at $1,071,000 after acquiring an additional 600 shares in the last quarter. First Hawaiian Bank raised its holdings in American Homes 4 Rent by 8.6% in the fourth quarter. First Hawaiian Bank now owns 9,290 shares of the real estate investment trust’s stock valued at $184,000 after acquiring an additional 732 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in American Homes 4 Rent by 0.9% in the first quarter. State of Alaska Department of Revenue now owns 113,289 shares of the real estate investment trust’s stock valued at $2,572,000 after acquiring an additional 1,009 shares in the last quarter. BOKF NA raised its holdings in American Homes 4 Rent by 3.2% in the fourth quarter. BOKF NA now owns 40,198 shares of the real estate investment trust’s stock valued at $798,000 after acquiring an additional 1,231 shares in the last quarter. Finally, Investec Asset Management PTY Ltd raised its holdings in American Homes 4 Rent by 3.0% in the first quarter. Investec Asset Management PTY Ltd now owns 68,000 shares of the real estate investment trust’s stock valued at $1,545,000 after acquiring an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 88.04% of the company’s stock.

A number of brokerages have weighed in on AMH. Zacks Investment Research cut shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Wednesday, January 16th. ValuEngine upgraded shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a research report on Tuesday, January 29th. Mizuho upgraded shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Tuesday, February 26th. Finally, Wells Fargo & Co restated a “hold” rating on shares of American Homes 4 Rent in a research report on Thursday, March 14th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $24.43.



American Homes 4 Rent stock opened at $23.72 on Thursday. The stock has a market cap of $7.13 billion, a PE ratio of 22.38, a PEG ratio of 2.18 and a beta of 0.74. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.30 and a quick ratio of 1.30. American Homes 4 Rent has a one year low of $18.91 and a one year high of $24.45.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Thursday, May 2nd. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.21). The firm had revenue of $279.20 million for the quarter, compared to the consensus estimate of $275.90 million. American Homes 4 Rent had a return on equity of 1.98% and a net margin of 10.78%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 EPS. Equities research analysts predict that American Homes 4 Rent will post 1.11 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.20 dividend on an annualized basis and a yield of 0.84%. American Homes 4 Rent’s dividend payout ratio is presently 18.87%.

In related news, COO Jack E. Corrigan sold 900,000 shares of the stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $23.77, for a total value of $21,393,000.00. Following the completion of the transaction, the chief operating officer now owns 100 shares in the company, valued at approximately $2,377. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David Goldberg sold 74,586 shares of the stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $22.06, for a total transaction of $1,645,367.16. Following the completion of the transaction, the insider now owns 100 shares of the company’s stock, valued at approximately $2,206. The disclosure for this sale can be found here. Insiders sold a total of 3,895,912 shares of company stock valued at $91,636,486 in the last quarter. 27.58% of the stock is currently owned by insiders.

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American Homes 4 Rent Profile

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, renovating, leasing, and operating attractive, single-family homes as rental properties.

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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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