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

A number of other equities analysts have also commented on AMH. BMO Capital Markets started coverage on shares of American Homes 4 Rent in a research report on Thursday, April 14th. They set an “outperform” rating and a $46.00 target price on the stock. Morgan Stanley reduced their target price on shares of American Homes 4 Rent from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Friday, May 27th. Jefferies Financial Group started coverage on shares of American Homes 4 Rent in a research note on Wednesday, April 20th. They set a “buy” rating and a $48.00 price objective on the stock. B. Riley dropped their price objective on shares of American Homes 4 Rent from $47.00 to $43.00 in a research note on Wednesday, May 11th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of American Homes 4 Rent from $46.00 to $44.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 22nd. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $45.00.

Shares of NYSE:AMH traded down $2.35 during trading on Monday, reaching $33.59. 2,110,746 shares of the company were exchanged, compared to its average volume of 2,886,884. The firm has a market capitalization of $11.70 billion, a PE ratio of 71.47, a P/E/G ratio of 2.95 and a beta of 0.58. The business’s fifty day simple moving average is $38.69 and its 200-day simple moving average is $39.60. American Homes 4 Rent has a 12-month low of $33.42 and a 12-month high of $44.07. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.64 and a quick ratio of 0.64.

American Homes 4 Rent (NYSE:AMH – Get Rating) last issued its earnings results on Thursday, May 5th. The real estate investment trust reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The business had revenue of $356.11 million for the quarter, compared to analyst estimates of $355.76 million. American Homes 4 Rent had a net margin of 13.74% and a return on equity of 3.05%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company posted $0.32 earnings per share. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.56 EPS for the current fiscal year.

In related news, Director Tamara Hughes Gustavson acquired 200,000 shares of the stock in a transaction dated Thursday, May 12th. The stock was acquired at an average cost of $35.71 per share, for a total transaction of $7,142,000.00. Following the completion of the purchase, the director now owns 8,830,956 shares of the company’s stock, valued at approximately $315,353,438.76. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Douglas N. Benham acquired 1,275 shares of the stock in a transaction dated Tuesday, March 15th. The shares were bought at an average price of $25.41 per share, with a total value of $32,397.75. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 201,981 shares of company stock valued at $7,194,098. 6.03% of the stock is owned by insiders.

Several institutional investors have recently modified their holdings of AMH. UMB Bank N A MO purchased a new position in shares of American Homes 4 Rent during the first quarter worth $27,000. Allworth Financial LP purchased a new position in shares of American Homes 4 Rent during the first quarter worth $32,000. Charter Oak Capital Management LLC purchased a new position in shares of American Homes 4 Rent during the fourth quarter worth $35,000. National Bank of Canada FI purchased a new position in shares of American Homes 4 Rent during the fourth quarter worth $43,000. Finally, Whittier Trust Co. raised its holdings in shares of American Homes 4 Rent by 115.8% during the fourth quarter. Whittier Trust Co. now owns 1,079 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 579 shares during the last quarter. 88.49% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Company Profile (Get Rating)

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, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.

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