American Homes 4 Rent (NYSE:AMH) Downgraded to Sell at StockNews.com

American Homes 4 Rent (NYSE:AMH) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Monday.

A number of other equities research analysts have also weighed in on the company. Royal Bank of Canada increased their price target on shares of American Homes 4 Rent from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Wells Fargo & Company upgraded shares of American Homes 4 Rent from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $36.00 to $42.00 in a research note on Monday, August 26th. JPMorgan Chase & Co. upped their price objective on American Homes 4 Rent from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. UBS Group upped their target price on shares of American Homes 4 Rent from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, August 16th. Finally, Barclays cut their price objective on American Homes 4 Rent from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, May 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.60.

American Homes 4 Rent Stock Performance

Shares of NYSE:AMH traded up $0.34 during mid-day trading on Monday, reaching $39.96. The company had a trading volume of 2,858,798 shares, compared to its average volume of 2,649,916. American Homes 4 Rent has a one year low of $31.36 and a one year high of $41.41. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.65. The company’s 50-day moving average price is $38.34 and its 200-day moving average price is $36.94. The firm has a market cap of $14.64 billion, a price-to-earnings ratio of 40.78, a PEG ratio of 3.35 and a beta of 0.76.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.18). The firm had revenue of $423.50 million during the quarter, compared to analysts’ expectations of $422.46 million. American Homes 4 Rent had a return on equity of 4.89% and a net margin of 21.83%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 earnings per share. As a group, equities research analysts anticipate that American Homes 4 Rent will post 1.76 EPS for the current fiscal year.

Hedge Funds Weigh In On American Homes 4 Rent

A number of institutional investors have recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in American Homes 4 Rent during the second quarter worth about $32,000. Wetzel Investment Advisors Inc. acquired a new stake in American Homes 4 Rent during the 2nd quarter worth $44,000. Opal Wealth Advisors LLC purchased a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at about $54,000. GAMMA Investing LLC boosted its holdings in shares of American Homes 4 Rent by 24.1% in the first quarter. GAMMA Investing LLC now owns 1,557 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 302 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of American Homes 4 Rent by 24.3% in the 2nd 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 period. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Company Profile

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.