Intact Investment Management Inc. Boosts Holdings in American Homes 4 Rent $AMH

Key Points

• Intact Investment Management boosted its stake in American Homes 4 Rent by 34.4% to 125,910 shares (about $4.04M) in Q4, while other institutions—most notably Danske Bank—also added large positions, leaving ~91.9% of the stock owned by institutional investors.
• AMH missed quarterly expectations (EPS $0.33 vs. $0.47 consensus and revenue $402.9M vs. $459.2M), set FY‑2026 guidance of $1.890–1.950 EPS, and raised its quarterly dividend to $0.33 (annual $1.32, ~4.1% yield) despite a high payout ratio (~112%).

Intact Investment Management Inc. lifted its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 34.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,910 shares of the real estate investment trust's stock after purchasing an additional 32,200 shares during the period. Intact Investment Management Inc.'s holdings in American Homes 4 Rent were worth $4,042,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Strs Ohio lifted its position in American Homes 4 Rent by 50.5% during the 4th quarter. Strs Ohio now owns 246,263 shares of the real estate investment trust's stock valued at $7,905,000 after acquiring an additional 82,615 shares during the period. Horizon Investments LLC purchased a new position in American Homes 4 Rent during the 4th quarter valued at about $2,377,000. Danske Bank A S lifted its position in American Homes 4 Rent by 87.0% during the 4th quarter. Danske Bank A S now owns 509,247 shares of the real estate investment trust's stock valued at $16,347,000 after acquiring an additional 236,883 shares during the period. New York State Teachers Retirement System lifted its position in American Homes 4 Rent by 0.5% during the 4th quarter. New York State Teachers Retirement System now owns 133,368 shares of the real estate investment trust's stock valued at $4,281,000 after acquiring an additional 605 shares during the period. Finally, Safe Harbor Family Capital LLC purchased a new position in American Homes 4 Rent during the 4th quarter valued at about $307,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at American Homes 4 Rent

In other news, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the purchase, the director owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas N. Benham acquired 1,200 shares of American Homes 4 Rent stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director owned 44,717 shares in the company, valued at $1,082,151.40. This represents a 2.76% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 6,771 shares of company stock valued at $183,684. 5.70% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on AMH. Barclays lifted their price target on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the company an "equal weight" rating in a research report on Monday, April 27th. Scotiabank lowered their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a "sector perform" rating for the company in a research report on Wednesday, March 4th. Morgan Stanley lowered their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "overweight" rating for the company in a research report on Monday, March 9th. Wall Street Zen cut shares of American Homes 4 Rent from a "hold" rating to a "sell" rating in a research report on Sunday, January 18th. Finally, 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 target for the company. Eight analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $35.39.

American Homes 4 Rent Stock Up 0.1%

NYSE:AMH opened at $31.97 on Tuesday. The firm has a market cap of $11.63 billion, a P/E ratio of 27.09, a P/E/G ratio of 4.61 and a beta of 0.82. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $39.49. The firm has a 50-day simple moving average of $29.40 and a two-hundred day simple moving average of $30.92.

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 analysts' consensus estimates of $0.47 by ($0.14). The firm had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The firm's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Analysts predict that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.33 per share. The ex-dividend date was Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.30. American Homes 4 Rent's dividend payout ratio (DPR) is 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.

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.