Caisse de depot et placement du Quebec trimmed its position in American Homes 4 Rent (NYSE:AMH - Free Report) by 32.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 184,638 shares of the real estate investment trust's stock after selling 89,089 shares during the quarter. Caisse de depot et placement du Quebec owned approximately 0.05% of American Homes 4 Rent worth $6,189,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of AMH. Wilmington Savings Fund Society FSB grew its holdings in American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 751 shares during the period. IFP Advisors Inc raised its stake in 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 during the period. Parallel Advisors LLC raised its stake in American Homes 4 Rent by 84.8% in the third 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. lifted its position in shares of American Homes 4 Rent by 70.3% in the first 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 last quarter. Finally, Prosperity Bancshares Inc acquired a new stake in shares of American Homes 4 Rent in the fourth quarter valued at approximately $35,000. 91.87% of the stock is owned by institutional investors.
American Homes 4 Rent Trading Up 0.3%
Shares of NYSE:AMH opened at $33.54 on Friday. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $35.85. The stock has a market cap of $12.09 billion, a PE ratio of 26.62, a P/E/G ratio of 6.01 and a beta of 0.79. The business has a 50 day moving average of $33.78 and a 200-day moving average of $31.73. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69.
American Homes 4 Rent (NYSE:AMH - Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate 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 return on equity of 6.25% and a net margin of 25.53%.The firm's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, equities research analysts forecast that American Homes 4 Rent will post 1.9 earnings per share for the current year.
American Homes 4 Rent Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. American Homes 4 Rent's dividend payout ratio is currently 104.76%.
Insider Buying and Selling
In other news, Director Jack E. Corrigan acquired 6,000 shares of the stock in a transaction 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 transaction, the director directly owned 22,000 shares of the company's stock, valued at approximately $493,240. This represents a 37.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.70% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on AMH shares. Barclays boosted their target price on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 14th. Scotiabank raised their price target on American Homes 4 Rent from $32.00 to $33.00 and gave the company a "sector perform" rating in a report on Thursday, June 18th. Royal Bank Of Canada lifted their price objective 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. Keefe, Bruyette & Woods upped their price objective 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. Finally, Citigroup reiterated a "market outperform" rating on shares of American Homes 4 Rent in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, American Homes 4 Rent presently has an average rating of "Moderate Buy" and an average target price of $36.83.
View Our Latest Stock Report on AMH
About American Homes 4 Rent
(
Free Report)
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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