Here is the rundown on market activity for American Homes 4 Rent Common Sh (NYSE:AMH). Director Dann V. Angeloff bought 400 shares at an average price of $21.58 on September 27th. The Director now owns $323,700 of the stock per an SEC filing yesterday. David P. Singelyn, CEO bought $252,300 worth of shares at an average price of $25.23 on Tue the 5th. That brings Singelyn’s holdings to $252,300 as recorded in a recent Form 4 SEC filing.
Director Douglas N. Benham acquired 8,000 shares at an average price of $25.20 on Tue the 5th. Benham now owns $201,600 of stock as reported to the SEC.
Here are some other firms who have updated their holdings. Macquarie Group Ltd augmented its position by buying 16,500 shares an increase of 52.2% as of 06/30/2016. Macquarie Group Ltd now controls 48,100 shares with a value of $985,000. The total value of its holdings increased 96.2%. As of the end of the quarter Royal Bank Of Canada had disposed of 6 shares trimming its stake by 2.4%. The value of the total investment in American Homes 4 Rent Common Sh increased from $4,000 to $5,000 a change of $1,000 quarter to quarter.
Howe & Rusling Inc bolstered its holdings by buying 24 shares an increase of 27.9% in the quarter. Howe & Rusling Inc controls 110 shares valued at $2,000. The value of the position overall is up by 100.0%. Ifp Advisors, Inc grew its ownership by buying 15 shares an increase of 4.2%. Ifp Advisors, Inc now holds 371 shares worth $8,000. The value of the position overall is up by 33.3%.
On September 8 Raymond James left the stock rating at “Buy” and raised the price expectation from $19.00 to $26.00. On March 9 the stock rating was downgraded to “Market Outperform” from “Outperform” in a report issued by Keefe Bruyette & Woods.
February 29 investment analysts at Keefe Bruyette & Woods left the company rating at “Outperform” but moved down the price target to $17.00 from $19.00. On December 17 the company was downgraded from “Overweight” to “Neutral” by JP Morgan.
August 10 investment analysts at Keefe Bruyette & Woods made no change to the stock rating of “Outperform” but lowered the price target to $19.00 from $20.00. On March 23 the stock rating was upgraded to “Overweight” from “Equalweight” in a report from Morgan Stanley.
The company is so far trading down by -0.46% since yesterday’s close of $21.6. The company also declared a dividend to be paid on Friday the 30th of September 2016. The dividend will be $0.050 per share for the quarter or $0.20 on an annualized basis. This dividend amount will represent a yeild of $0.92. The ex-dividend date is set for Tuesday the 13th of September 2016.
The stock is trading at $21.50 which is marginally lower than $21.95, the stock’s 50 day moving average and which is just over the 200 day moving average of $19.07. The 50 day moving average was down $-0.45 whereas the 200 day average was up by +12.74%.
In the latest earnings report the EPS was $-0.29 and is expected to be $0.96 for the current year with 238,375,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.25 with next year’s EPS anticipated to be $1.08.