SG Americas Securities LLC Has $751,000 Position in American Homes 4 Rent (AMH)

SG Americas Securities LLC lifted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 161.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,605 shares of the real estate investment trust’s stock after buying an additional 21,346 shares during the quarter. SG Americas Securities LLC’s holdings in American Homes 4 Rent were worth $751,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in AMH. PNC Financial Services Group Inc. grew its stake in American Homes 4 Rent by 5.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,720 shares of the real estate investment trust’s stock valued at $128,000 after purchasing an additional 278 shares in the last quarter. Public Employees Retirement Association of Colorado grew its stake in American Homes 4 Rent by 35.0% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 7,125 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 1,848 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in American Homes 4 Rent by 7.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,247 shares of the real estate investment trust’s stock valued at $164,000 after purchasing an additional 515 shares in the last quarter. CIBC Asset Management Inc acquired a new stake in American Homes 4 Rent during the 3rd quarter valued at approximately $202,000. Finally, QCM Cayman Ltd. acquired a new stake in American Homes 4 Rent during the 2nd quarter valued at approximately $203,000. Institutional investors and hedge funds own 88.22% of the company’s stock.

In related news, Director B Wayne Et Al Hughes acquired 101,678 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, November 7th. The stock was acquired at an average price of $21.87 per share, for a total transaction of $2,223,697.86. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have purchased a total of 1,766,855 shares of company stock valued at $38,597,023 in the last 90 days. Insiders own 27.82% of the company’s stock.

Shares of American Homes 4 Rent (NYSE AMH) traded down $0.01 on Thursday, hitting $21.31. The stock had a trading volume of 1,161,600 shares, compared to its average volume of 2,027,466. The firm has a market cap of $6,113.25, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 1.80 and a beta of 0.68. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.40. American Homes 4 Rent has a one year low of $19.62 and a one year high of $23.98.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.25. American Homes 4 Rent had a return on equity of 1.15% and a net margin of 6.56%. The business had revenue of $246.80 million during the quarter, compared to analyst estimates of $247.96 million. During the same quarter in the previous year, the firm posted $0.24 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. sell-side analysts forecast that American Homes 4 Rent will post 1.03 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, January 2nd will be given a dividend of $0.05 per share. The ex-dividend date is Friday, December 29th. This represents a $0.20 dividend on an annualized basis and a yield of 0.94%. American Homes 4 Rent’s dividend payout ratio is currently -2,000.00%.

A number of equities research analysts have weighed in on the company. B. Riley restated a “buy” rating on shares of American Homes 4 Rent in a research note on Wednesday, November 1st. Zacks Investment Research lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. BidaskClub upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Evercore ISI upgraded American Homes 4 Rent from an “in-line” rating to an “outperform” rating and set a $24.50 target price for the company in a research report on Monday. Finally, Citigroup began coverage on American Homes 4 Rent in a research report on Friday, October 20th. They issued a “buy” rating and a $25.00 target price for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $25.13.

TRADEMARK VIOLATION NOTICE: “SG Americas Securities LLC Has $751,000 Position in American Homes 4 Rent (AMH)” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3079763/sg-americas-securities-llc-has-751000-position-in-american-homes-4-rent-amh.html.

American Homes 4 Rent Company Profile

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company’s primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties.

Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH).

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

Receive News & Ratings for American Homes 4 Rent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Homes 4 Rent and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.