American Homes 4 Rent $AMH Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC grew its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 69.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 308,015 shares of the real estate investment trust's stock after acquiring an additional 126,188 shares during the period. Squarepoint Ops LLC owned about 0.09% of American Homes 4 Rent worth $10,325,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB raised its position in American Homes 4 Rent by 10,728.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust's stock valued at $25,000 after purchasing an additional 751 shares during the period. IFP Advisors Inc grew its stake in shares of American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 441 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 442 shares during the period. Bessemer Group Inc. raised its holdings in shares of American Homes 4 Rent by 70.3% during the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 483 shares during the period. Finally, Prosperity Bancshares Inc acquired a new position in American Homes 4 Rent during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 91.87% of the company's stock.

Analysts Set New Price Targets

AMH has been the subject of a number of analyst reports. Morgan Stanley decreased their price target on American Homes 4 Rent from $38.50 to $38.00 and set an "overweight" rating for the company in a report on Wednesday, August 12th. Barclays boosted their target price on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 14th. Keefe, Bruyette & Woods raised their price target on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. BMO Capital Markets upgraded shares of American Homes 4 Rent from a "market perform" rating to an "outperform" rating and set a $39.00 price objective on the stock in a report on Friday, June 26th. Finally, Mizuho upped their target price on American Homes 4 Rent from $29.00 to $35.00 and gave the company a "neutral" rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $36.83.

Insider Activity at American Homes 4 Rent

In related news, Director Jack Corrigan acquired 6,000 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was acquired at an average cost of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the acquisition, the director directly owned 22,000 shares of the company's stock, valued at approximately $493,240. The trade was a 37.50% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 5.70% of the company's stock.

American Homes 4 Rent Trading Down 2.1%

Shares of NYSE AMH opened at $31.55 on Friday. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $35.07. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $11.38 billion, a P/E ratio of 25.04, a PEG ratio of 5.75 and a beta of 0.79. The stock's 50 day moving average price is $33.67 and its two-hundred day moving average price is $31.82.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.13. The business had revenue of $470.10 million during 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%. The company's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, analysts anticipate that American Homes 4 Rent will post 1.91 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business 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 $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, September 15th. American Homes 4 Rent's dividend payout ratio is currently 104.76%.

American Homes 4 Rent Company Profile

American Homes 4 Rent NYSE: AMH is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH's activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.

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