American Homes 4 Rent $AMH Shares Sold by Korea Investment CORP

Key Points

• Korea Investment CORP cut its stake in American Homes 4 Rent by 42.5% in Q3, selling 159,142 shares and retaining 215,450 shares worth about $7.16 million (≈0.06% of the company).
• AMH missed quarterly expectations with EPS of $0.33 versus $0.47 expected and revenue of $402.9M versus $459.2M expected, while issuing FY2026 guidance of 1.890–1.950 EPS and carrying a market-cap of $10.4B amid a consensus "Hold" rating.
• The firm raised its quarterly dividend to $0.33 (annualized $1.32, 4.6% yield) despite a payout ratio above 100% (101.69%), and several insiders made recent purchases, signaling mixed signals on financial sustainability and insider confidence.

Korea Investment CORP lessened its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 42.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 215,450 shares of the real estate investment trust's stock after selling 159,142 shares during the period. Korea Investment CORP owned approximately 0.06% of American Homes 4 Rent worth $7,164,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of AMH. Vanguard Group Inc. lifted its holdings in shares of American Homes 4 Rent by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust's stock worth $1,486,798,000 after acquiring an additional 246,713 shares during the last quarter. Norges Bank purchased a new position in shares of American Homes 4 Rent during the 2nd quarter worth approximately $796,706,000. Geode Capital Management LLC increased its holdings in American Homes 4 Rent by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 6,964,813 shares of the real estate investment trust's stock valued at $250,566,000 after purchasing an additional 31,179 shares during the last quarter. Centersquare Investment Management LLC raised its position in American Homes 4 Rent by 25.9% in the third quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust's stock valued at $175,270,000 after purchasing an additional 1,082,972 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in American Homes 4 Rent by 1.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,421,478 shares of the real estate investment trust's stock valued at $159,483,000 after purchasing an additional 54,618 shares during the period. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent Stock Down 1.0%

AMH stock opened at $28.58 on Friday. The stock has a market cap of $10.40 billion, a P/E ratio of 24.22, a PEG ratio of 4.14 and a beta of 0.80. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a twelve month low of $28.55 and a twelve month high of $39.49. The company's 50 day moving average is $30.91 and its two-hundred day moving average is $32.04.

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 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $402.93 million during the quarter, compared to analysts' expectations of $459.24 million. During the same period last year, the business earned $0.45 earnings per share. The company's quarterly revenue was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Research analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from American Homes 4 Rent's previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 13th. American Homes 4 Rent's payout ratio is 101.69%.

Insiders Place Their Bets

In related news, Director David Goldberg purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average price of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This represents a 5.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Douglas N. Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of $24.00 per share, with a total value of $37,704.00. Following the completion of the purchase, the director owned 43,517 shares in the company, valued at $1,044,408. The trade was a 3.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 6,771 shares of company stock worth $183,684 over the last ninety days. Corporate insiders own 6.32% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on AMH. Weiss Ratings reiterated a "hold (c)" rating on shares of American Homes 4 Rent in a report on Wednesday, January 21st. Citizens Jmp lowered their target price on American Homes 4 Rent from $41.00 to $37.00 and set a "market outperform" rating for the company in a report on Monday, February 23rd. Raymond James Financial reiterated a "market perform" rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Scotiabank reduced their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a "sector perform" rating on the stock in a research report on Wednesday, March 4th. Finally, 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, March 6th. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $35.72.

American Homes 4 Rent 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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