Insider Selling: American Homes 4 Rent (AMH) Director Sells 69,699 Shares of Stock

American Homes 4 Rent (NYSE:AMH) Director David Goldberg sold 69,699 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $23.95, for a total transaction of $1,669,291.05. Following the sale, the director now directly owns 72,972 shares in the company, valued at approximately $1,747,679.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

David Goldberg also recently made the following trade(s):

  • On Tuesday, May 7th, David Goldberg sold 80,301 shares of American Homes 4 Rent stock. The stock was sold at an average price of $24.00, for a total transaction of $1,927,224.00.
  • On Thursday, February 28th, David Goldberg sold 74,586 shares of American Homes 4 Rent stock. The stock was sold at an average price of $22.06, for a total transaction of $1,645,367.16.

Shares of American Homes 4 Rent stock traded up $0.25 during trading on Thursday, reaching $23.97. The company’s stock had a trading volume of 818,999 shares, compared to its average volume of 2,172,231. The stock has a market capitalization of $7.13 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 2.18 and a beta of 0.74. American Homes 4 Rent has a fifty-two week low of $18.91 and a fifty-two week high of $24.45. 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 (NYSE:AMH) last posted its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.21). American Homes 4 Rent had a net margin of 10.78% and a return on equity of 1.98%. The firm had revenue of $279.20 million during the quarter, compared to analysts’ expectations of $275.90 million. During the same quarter last year, the business earned $0.24 earnings per share. The business’s quarterly revenue was up 8.2% on a year-over-year basis. Analysts anticipate that American Homes 4 Rent will post 1.11 earnings per share for the current year.

The company also recently disclosed 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 0.83%. American Homes 4 Rent’s dividend payout ratio (DPR) is 18.87%.

A number of large investors have recently bought and sold shares of the stock. Utah Retirement Systems grew its position in American Homes 4 Rent by 1.1% in the 4th quarter. Utah Retirement Systems now owns 53,932 shares of the real estate investment trust’s stock valued at $1,071,000 after buying an additional 600 shares during the last quarter. Altshuler Shaham Ltd grew its position in American Homes 4 Rent by 47.6% in the 1st quarter. Altshuler Shaham Ltd now owns 1,951 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 629 shares during the last quarter. Comerica Bank grew its position in American Homes 4 Rent by 6.4% in the 1st quarter. Comerica Bank now owns 11,811 shares of the real estate investment trust’s stock valued at $274,000 after buying an additional 711 shares during the last quarter. First Hawaiian Bank grew its position in American Homes 4 Rent by 8.6% in the 4th quarter. First Hawaiian Bank now owns 9,290 shares of the real estate investment trust’s stock valued at $184,000 after buying an additional 732 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its position in American Homes 4 Rent by 0.9% in the 1st 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 buying an additional 1,009 shares during the last quarter. Hedge funds and other institutional investors own 88.04% of the company’s stock.

AMH has been the topic of a number of recent research reports. ValuEngine raised shares of American Homes 4 Rent from a “hold” rating to a “buy” rating in a report on Friday, March 15th. Mizuho raised shares of American Homes 4 Rent from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Tuesday, February 26th. BTIG Research set a $26.00 target price on shares of American Homes 4 Rent and gave the company a “buy” rating in a report on Tuesday. Zacks Investment Research raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Monday, February 18th. Finally, Wells Fargo & Co reaffirmed a “hold” rating on shares of American Homes 4 Rent in a report on Thursday, March 14th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $24.43.

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American Homes 4 Rent Company 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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Insider Buying and Selling by Quarter for American Homes 4 Rent (NYSE:AMH)

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