Amundi Has $21.62 Million Stock Position in American Homes 4 Rent $AMH

Amundi lifted its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 6.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 581,454 shares of the real estate investment trust's stock after purchasing an additional 33,594 shares during the period. Amundi owned 0.16% of American Homes 4 Rent worth $21,618,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Alyeska Investment Group L.P. boosted its position in shares of American Homes 4 Rent by 50.6% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,995,393 shares of the real estate investment trust's stock worth $113,256,000 after purchasing an additional 1,006,133 shares during the last quarter. Eisler Capital Management Ltd. bought a new position in shares of American Homes 4 Rent in the 1st quarter worth $13,221,000. Gamco Investors INC. ET AL raised its stake in American Homes 4 Rent by 15.1% during the 1st quarter. Gamco Investors INC. ET AL now owns 142,355 shares of the real estate investment trust's stock worth $5,382,000 after buying an additional 18,630 shares during the period. Ceredex Value Advisors LLC raised its stake in American Homes 4 Rent by 6.6% during the 1st quarter. Ceredex Value Advisors LLC now owns 979,800 shares of the real estate investment trust's stock worth $37,046,000 after buying an additional 60,950 shares during the period. Finally, SVB Wealth LLC acquired a new stake in American Homes 4 Rent during the 1st quarter worth $42,000. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Stock Down 1.5%

Shares of American Homes 4 Rent stock traded down $0.51 during trading on Friday, reaching $34.11. The stock had a trading volume of 2,753,156 shares, compared to its average volume of 2,251,574. The company has a market capitalization of $12.65 billion, a price-to-earnings ratio of 30.73, a P/E/G ratio of 2.92 and a beta of 0.75. The stock has a fifty day moving average price of $35.26 and a two-hundred day moving average price of $36.24. American Homes 4 Rent has a 52 week low of $31.68 and a 52 week high of $41.41. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.01. The company had revenue of $457.50 million for the quarter, compared to analyst estimates of $451.50 million. American Homes 4 Rent had a return on equity of 5.60% and a net margin of 23.72%.The company's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.5%. American Homes 4 Rent's payout ratio is currently 108.11%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Citigroup downgraded American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 price objective on the stock. in a research note on Friday, June 6th. Morgan Stanley raised their price objective on American Homes 4 Rent from $40.50 to $41.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 19th. Finally, Barclays dropped their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 12th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, American Homes 4 Rent presently has an average rating of "Moderate Buy" and an average target price of $40.42.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.