American Century Companies Inc. Grows Stock Holdings in American Homes 4 Rent $AMH

Key Points

• American Century Companies raised its stake in American Homes 4 Rent by 5.4% to 741,854 shares (≈$24.67M), and institutional investors/hedge funds now own about 91.87% of the stock, with several other large managers also significantly increasing positions.
• The REIT missed quarterly estimates, reporting $0.33 EPS vs. $0.47 expected and $402.9M revenue vs. $459.2M expected, while setting FY2026 guidance of $1.890–1.950 EPS (analysts expect ~1.85).
• Management raised the quarterly dividend to $0.33 (annualized $1.32) for a ~4.4% yield, though the payout ratio is high at 101.69%, which could raise sustainability concerns.

American Century Companies Inc. raised its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 5.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 741,854 shares of the real estate investment trust's stock after acquiring an additional 37,810 shares during the period. American Century Companies Inc. owned 0.20% of American Homes 4 Rent worth $24,667,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AMH. Thrivent Financial for Lutherans grew its holdings in American Homes 4 Rent by 67.6% in the third quarter. Thrivent Financial for Lutherans now owns 125,412 shares of the real estate investment trust's stock valued at $4,170,000 after purchasing an additional 50,587 shares during the period. 12th Street Asset Management Company LLC increased its position in American Homes 4 Rent by 64.3% during the third quarter. 12th Street Asset Management Company LLC now owns 158,081 shares of the real estate investment trust's stock worth $5,256,000 after purchasing an additional 61,838 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in American Homes 4 Rent by 24.0% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,506,317 shares of the real estate investment trust's stock worth $83,335,000 after purchasing an additional 485,401 shares during the period. Retirement Systems of Alabama raised its stake in American Homes 4 Rent by 13.3% during the third quarter. Retirement Systems of Alabama now owns 910,363 shares of the real estate investment trust's stock worth $30,270,000 after purchasing an additional 106,550 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in shares of American Homes 4 Rent by 608,877.8% in the 3rd quarter. Pacer Advisors Inc. now owns 54,808 shares of the real estate investment trust's stock valued at $1,822,000 after purchasing an additional 54,799 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $29.94 on Monday. The company's fifty day simple moving average is $31.15 and its 200-day simple moving average is $32.17. American Homes 4 Rent has a 52 week low of $28.84 and a 52 week high of $39.49. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The company has a market cap of $10.89 billion, a PE ratio of 25.37, a P/E/G ratio of 4.27 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The business had revenue of $402.93 million for the quarter, compared to analyst estimates of $459.24 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The business's revenue was up 4.2% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $0.33 per share. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, March 13th. American Homes 4 Rent's payout ratio is presently 101.69%.

Insider Transactions at American Homes 4 Rent

In related news, Director Douglas N. Benham bought 1,200 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was bought at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the transaction, the director directly owned 44,717 shares of the company's stock, valued at approximately $1,082,151.40. This represents a 2.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jack E. Corrigan bought 5,000 shares of the stock in a transaction dated Tuesday, December 9th. The stock was bought at an average price of $22.96 per share, with a total value of $114,800.00. Following the purchase, the director owned 17,300 shares of the company's stock, valued at approximately $397,208. This represents a 40.65% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 9,771 shares of company stock valued at $239,884 over the last quarter. Company insiders own 6.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of American Homes 4 Rent from $33.00 to $31.00 and set an "equal weight" rating for the company in a research note on Friday. Keefe, Bruyette & Woods reduced their target price on American Homes 4 Rent from $37.00 to $35.00 and set an "outperform" rating on the stock in a report on Wednesday, February 25th. Raymond James Financial reissued a "market perform" rating on shares of American Homes 4 Rent in a research report on Friday, February 27th. UBS Group dropped their price target on American Homes 4 Rent from $38.00 to $33.00 and set a "neutral" rating for the company in a research note on Thursday, January 8th. Finally, Scotiabank cut their price objective on American Homes 4 Rent from $33.00 to $31.00 and set a "sector perform" rating on the stock in a report on Wednesday, March 4th. Seven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $35.78.

American Homes 4 Rent Company Profile

American Homes 4 Rent NYSE: AMH is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today's renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.

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 - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.