Danske Bank A S Sells 35,145 Shares of American Homes 4 Rent $AMH

Key Points

• Danske Bank sharply reduced its American Homes 4 Rent position by selling 35,145 shares, a 93.6% decrease, leaving it with 2,400 shares worth approximately $80,000.
• American Homes 4 Rent reported quarterly EPS of $0.31, beating estimates of $0.18, while revenue rose 2.8% year over year to $470.1 million. The company issued fiscal 2026 EPS guidance of $1.93–$1.97.
• The REIT declared a quarterly dividend of $0.33, equal to $1.32 annually and a 3.8% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $36.83, compared with a share price of $34.36.

Danske Bank A S lowered its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 93.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,400 shares of the real estate investment trust's stock after selling 35,145 shares during the quarter. Danske Bank A S's holdings in American Homes 4 Rent were worth $80,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. M&T Bank Corp boosted its position in shares of American Homes 4 Rent by 386.9% in the 4th quarter. M&T Bank Corp now owns 39,333 shares of the real estate investment trust's stock worth $1,262,000 after purchasing an additional 31,254 shares during the last quarter. Bank of America Corp DE increased its holdings in American Homes 4 Rent by 69.0% in the first quarter. Bank of America Corp DE now owns 1,609,254 shares of the real estate investment trust's stock valued at $44,930,000 after purchasing an additional 656,937 shares during the last quarter. Strs Ohio lifted its stake in American Homes 4 Rent by 50.5% in the fourth quarter. Strs Ohio now owns 246,263 shares of the real estate investment trust's stock valued at $7,905,000 after buying an additional 82,615 shares during the period. Louisiana State Employees Retirement System acquired a new position in American Homes 4 Rent in the first quarter valued at about $2,638,000. Finally, Principal Financial Group Inc. lifted its stake in American Homes 4 Rent by 8.7% in the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust's stock valued at $507,532,000 after buying an additional 1,260,717 shares during the period. Institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $34.36 on Monday. The firm has a 50-day moving average of $33.57 and a 200-day moving average of $31.62. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.85. The company has a market cap of $12.39 billion, a PE ratio of 27.27, a price-to-earnings-growth ratio of 6.16 and a beta of 0.79. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The firm had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. During the same quarter in the prior year, the company earned $0.47 earnings per share. The business's revenue for the quarter was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, equities analysts forecast that American Homes 4 Rent will post 1.9 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, September 15th. American Homes 4 Rent's payout ratio is presently 104.76%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AMH shares. JPMorgan Chase & Co. increased their target price on American Homes 4 Rent from $35.00 to $38.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 19th. Compass Point began coverage on shares of American Homes 4 Rent in a research report on Tuesday, April 28th. They set a "buy" rating and a $37.50 price objective for the company. Wall Street Zen raised shares of American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. Royal Bank Of Canada upped their target price on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. Finally, Barclays increased 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, American Homes 4 Rent currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.83.

About American Homes 4 Rent

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.

Want to see what other hedge funds are holding AMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Homes 4 Rent (NYSE:AMH - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source