Eisler Capital Management Ltd. Makes New Investment in American Homes 4 Rent $AMH

Key Points

• Eisler Capital Management Ltd. made a significant investment in American Homes 4 Rent, acquiring 349,759 shares valued at approximately $13.22 million during the first quarter.
• Multiple institutional investors, including Golden State Wealth Management and SVB Wealth LLC, also increased their stakes in American Homes 4 Rent, which is predominantly owned (91.87%) by such investors.
• Analysts have raised their target prices for American Homes 4 Rent, with Raymond James setting a new target at $43 and the company currently holding a consensus rating of "Moderate Buy."

Eisler Capital Management Ltd. purchased a new position in American Homes 4 Rent (NYSE:AMH - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 349,759 shares of the real estate investment trust's stock, valued at approximately $13,221,000. Eisler Capital Management Ltd. owned 0.09% of American Homes 4 Rent at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMH. Golden State Wealth Management LLC bought a new position in American Homes 4 Rent in the 1st quarter worth approximately $29,000. Parallel Advisors LLC boosted its stake in American Homes 4 Rent by 171.1% in the 1st quarter. Parallel Advisors LLC now owns 843 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 532 shares during the period. Pandora Wealth Inc. bought a new position in American Homes 4 Rent in the 1st quarter worth approximately $38,000. Opal Wealth Advisors LLC bought a new position in American Homes 4 Rent in the 1st quarter worth approximately $42,000. Finally, SVB Wealth LLC bought a new position in American Homes 4 Rent in the 1st quarter worth approximately $42,000. 91.87% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Jack E. Corrigan purchased 4,000 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The shares were bought at an average price of $22.93 per share, for a total transaction of $91,720.00. Following the acquisition, the director owned 15,000 shares of the company's stock, valued at approximately $343,950. This represents a 36.36% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 6.01% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on AMH. Raymond James Financial increased their target price on American Homes 4 Rent from $39.00 to $43.00 and gave the company an "outperform" rating in a research report on Friday, May 9th. Morgan Stanley increased their target price on American Homes 4 Rent from $40.50 to $41.00 and gave the company an "overweight" rating in a research report on Tuesday, August 19th. Scotiabank increased their target price on American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. Wall Street Zen upgraded American Homes 4 Rent from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, Evercore ISI increased their target price on American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $41.00.

American Homes 4 Rent Stock Performance

NYSE:AMH opened at $35.08 on Wednesday. The stock's fifty day moving average is $35.59 and its 200 day moving average is $36.27. American Homes 4 Rent has a fifty-two week low of $31.68 and a fifty-two week high of $41.41. The firm has a market capitalization of $13.01 billion, a PE ratio of 31.60, a PEG ratio of 2.98 and a beta of 0.72. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.88 and a current ratio of 0.88.

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

American Homes 4 Rent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, September 15th. American Homes 4 Rent's dividend payout ratio is presently 108.11%.

American Homes 4 Rent Company Profile

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.

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