American Homes 4 Rent (AMH) Shares Bought by Daiwa Securities Group Inc.

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Daiwa Securities Group Inc. lifted its holdings in American Homes 4 Rent (NYSE:AMH) by 5,761.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,286,274 shares of the real estate investment trust’s stock after buying an additional 2,247,266 shares during the quarter. Daiwa Securities Group Inc.’s holdings in American Homes 4 Rent were worth $45,382,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Dupont Capital Management Corp grew its position in shares of American Homes 4 Rent by 12.1% in the 4th quarter. Dupont Capital Management Corp now owns 106,144 shares of the real estate investment trust’s stock valued at $2,107,000 after purchasing an additional 11,447 shares during the period. State Board of Administration of Florida Retirement System grew its position in shares of American Homes 4 Rent by 2.0% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 283,897 shares of the real estate investment trust’s stock valued at $5,635,000 after purchasing an additional 5,530 shares during the period. Rhumbline Advisers grew its position in shares of American Homes 4 Rent by 2.4% in the 4th quarter. Rhumbline Advisers now owns 271,183 shares of the real estate investment trust’s stock valued at $5,383,000 after purchasing an additional 6,241 shares during the period. Quantamental Technologies LLC acquired a new position in shares of American Homes 4 Rent in the 4th quarter valued at approximately $373,000. Finally, First Quadrant L P CA grew its position in shares of American Homes 4 Rent by 310.1% in the 4th quarter. First Quadrant L P CA now owns 48,800 shares of the real estate investment trust’s stock valued at $969,000 after purchasing an additional 36,900 shares during the period. Institutional investors and hedge funds own 88.79% of the company’s stock.

In other news, Director Douglas N. Benham sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, December 28th. The stock was sold at an average price of $21.72, for a total transaction of $173,760.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Tamara Hughes Gustavson acquired 308,844 shares of the company’s stock in a transaction dated Friday, November 16th. The shares were bought at an average price of $20.03 per share, for a total transaction of $6,186,145.32. Following the purchase, the director now owns 17,283,961 shares in the company, valued at $346,197,738.83. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 1,191,379 shares of company stock valued at $23,885,457. Insiders own 26.52% of the company’s stock.

A number of equities analysts have weighed in on AMH shares. Zacks Investment Research downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Wednesday, November 21st. Raymond James downgraded American Homes 4 Rent from a “strong-buy” rating to an “outperform” rating in a research report on Monday, November 19th. BTIG Research set a $25.00 price target on American Homes 4 Rent and gave the stock a “buy” rating in a research report on Monday, November 5th. ValuEngine downgraded American Homes 4 Rent from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, Mizuho downgraded American Homes 4 Rent from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $24.00 to $22.00 in a research report on Wednesday, November 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. American Homes 4 Rent presently has a consensus rating of “Buy” and an average target price of $23.75.

NYSE:AMH opened at $22.74 on Monday. American Homes 4 Rent has a twelve month low of $18.39 and a twelve month high of $23.34. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $6.74 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 1.49 and a beta of 0.70.

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About American Homes 4 Rent

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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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)

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