American Homes 4 Rent $AMH Shares Sold by Lighthouse Investment Partners LLC

Key Points

• Lighthouse Investment Partners trimmed its stake in American Homes 4 Rent by 22.4% (sold 93,777 shares), leaving it with 325,001 shares (~$10.8M); several other institutions increased positions and institutional ownership stands at about 91.87%.
• AMH missed quarterly estimates (EPS $0.33 vs. $0.47 expected; revenue $402.9M vs. $459.2M expected), provided FY2026 EPS guidance of 1.890–1.950, and carries an analyst consensus of Hold with an average price target of $35.53.
• Company insiders bought shares recently (directors purchased 1,200 and 2,000 shares), and AMH raised its quarterly dividend to $0.33 (annualized $1.32, yield 4.7%) despite a dividend payout ratio of 111.86%.

Lighthouse Investment Partners LLC trimmed its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 22.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 325,001 shares of the real estate investment trust's stock after selling 93,777 shares during the period. Lighthouse Investment Partners LLC owned about 0.09% of American Homes 4 Rent worth $10,806,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of AMH. Thrivent Financial for Lutherans raised its holdings in shares of 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 worth $4,170,000 after acquiring an additional 50,587 shares during the last quarter. 12th Street Asset Management Company LLC lifted its position in shares of American Homes 4 Rent by 64.3% in the third quarter. 12th Street Asset Management Company LLC now owns 158,081 shares of the real estate investment trust's stock valued at $5,256,000 after acquiring an additional 61,838 shares in the last quarter. Retirement Systems of Alabama boosted its stake in shares of 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 valued at $30,270,000 after acquiring an additional 106,550 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in American Homes 4 Rent by 24.0% during the 3rd 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 in the last quarter. Finally, Pacer Advisors Inc. increased its position in American Homes 4 Rent by 608,877.8% during the 3rd quarter. Pacer Advisors Inc. now owns 54,808 shares of the real estate investment trust's stock worth $1,822,000 after purchasing an additional 54,799 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMH. Weiss Ratings restated a "hold (c)" rating on shares of American Homes 4 Rent in a report on Wednesday, January 21st. Raymond James Financial reiterated a "market perform" rating on shares of American Homes 4 Rent in a report on Friday, February 27th. Citizens Jmp cut their price objective on shares of American Homes 4 Rent from $41.00 to $37.00 and set a "market outperform" rating for the company in a research report on Monday, February 23rd. Morgan Stanley reduced their price objective on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "overweight" rating on the stock in a research note on Monday, March 9th. Finally, Wells Fargo & Company decreased their target price on shares of American Homes 4 Rent from $37.00 to $34.00 and set an "overweight" rating on the stock in a research report on Thursday, March 5th. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $35.53.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham purchased 1,200 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The stock was purchased at an average cost of $24.20 per share, with a total value of $29,040.00. Following the transaction, the director owned 44,717 shares in the company, valued at approximately $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Goldberg purchased 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The shares were acquired at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the transaction, the director owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 6,771 shares of company stock valued at $183,684 in the last three months. Company insiders own 6.01% of the company's stock.

American Homes 4 Rent Stock Performance

Shares of NYSE:AMH opened at $28.37 on Monday. The business has a 50-day moving average of $30.84 and a two-hundred day moving average of $31.94. The firm has a market capitalization of $10.32 billion, a PE ratio of 24.04, a P/E/G ratio of 4.07 and a beta of 0.80. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. American Homes 4 Rent has a 12 month low of $28.21 and a 12 month high of $39.49.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. During the same period in the prior year, the firm earned $0.45 earnings per share. The business's revenue for the quarter 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. As a group, research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a $0.33 dividend. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a dividend yield of 4.7%. American Homes 4 Rent's dividend payout ratio (DPR) is currently 111.86%.

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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