American Homes 4 Rent $AMH Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its position in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 56.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 420,076 shares of the real estate investment trust's stock after acquiring an additional 151,784 shares during the quarter. Allianz Asset Management GmbH owned 0.12% of American Homes 4 Rent worth $14,081,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its holdings in American Homes 4 Rent by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust's stock worth $347,000 after acquiring an additional 321 shares during the period. Vanderbilt University increased its holdings in American Homes 4 Rent by 1.5% in the first quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust's stock valued at $653,000 after buying an additional 346 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in American Homes 4 Rent by 3.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust's stock valued at $338,000 after buying an additional 424 shares in the last quarter. Assetmark Inc. lifted its position in shares of American Homes 4 Rent by 7.2% during the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust's stock valued at $179,000 after acquiring an additional 431 shares during the period. Finally, IFP Advisors Inc lifted its position in shares of American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 441 shares during the period. 91.87% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack Corrigan purchased 6,000 shares of the business's stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average price of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the acquisition, the director owned 22,000 shares of the company's stock, valued at approximately $493,240. This represents a 37.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.70% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on AMH shares. Mizuho boosted their price target on American Homes 4 Rent from $29.00 to $35.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on shares of American Homes 4 Rent in a research report on Friday, June 26th. Morgan Stanley lowered their price objective on shares of American Homes 4 Rent from $38.50 to $38.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 12th. Weiss Ratings reissued a "hold (c)" rating on shares of American Homes 4 Rent in a research note on Monday, August 17th. Finally, Royal Bank Of Canada lifted their target price on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, American Homes 4 Rent presently has an average rating of "Moderate Buy" and a consensus target price of $36.83.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $32.33 on Wednesday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.07. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59. The company has a 50 day moving average price of $33.74 and a 200 day moving average price of $31.80. The firm has a market capitalization of $11.66 billion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 5.79 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.13. The company had revenue of $470.10 million for the quarter, compared to the consensus estimate of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. American Homes 4 Rent's revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Sell-side analysts anticipate that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 15th. American Homes 4 Rent's dividend payout ratio is 104.76%.

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.

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