Janus Henderson Group PLC Has $6.48 Million Position in American Homes 4 Rent $AMH

Key Points

• Janus Henderson Group sharply reduced its AMH stake by 86.7% in the first quarter, selling 1.52 million shares and retaining 232,037 shares worth approximately $6.48 million. Institutional investors and hedge funds collectively own 91.87% of the REIT.
• Wall Street sentiment remains favorable, with AMH carrying a “Moderate Buy” consensus rating and an average price target of $36.69. Recent ratings included upgrades from Jefferies and Keefe, Bruyette & Woods.
• American Homes 4 Rent reported quarterly EPS of $0.31, exceeding estimates of $0.18, while revenue rose 2.8% year over year to $470.1 million. The company also declared a $0.33 quarterly dividend, representing a 3.8% annualized yield.

Janus Henderson Group PLC cut its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 86.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 232,037 shares of the real estate investment trust's stock after selling 1,517,387 shares during the quarter. Janus Henderson Group PLC owned approximately 0.06% of American Homes 4 Rent worth $6,477,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB increased its position in shares of American Homes 4 Rent by 10,728.6% during the 3rd 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 in the last quarter. IFP Advisors Inc boosted its position 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 in the last quarter. Parallel Advisors LLC grew its stake in American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust's stock worth $32,000 after buying an additional 442 shares during the last quarter. Bessemer Group Inc. grew its stake in American Homes 4 Rent by 70.3% during the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust's stock worth $33,000 after buying an additional 483 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in American Homes 4 Rent during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 91.87% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AMH. Compass Point started coverage on shares of American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a "buy" rating and a $37.50 target price for the company. Wall Street Zen raised American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. Keefe, Bruyette & Woods lifted their price objective on American Homes 4 Rent from $36.00 to $38.00 and gave the company an "outperform" rating in a research report on Wednesday. Mizuho boosted their price objective on American Homes 4 Rent from $29.00 to $35.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 17th. Finally, Jefferies Financial Group upgraded American Homes 4 Rent to a "strong-buy" rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $36.69.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan purchased 2,041 shares of the business's stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $23.53 per share, with a total value of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares of the company's stock, valued at $400,010. The trade was a 13.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders acquired a total of 5,000 shares of company stock worth $117,024 in the last ninety days. Insiders own 5.70% of the company's stock.

American Homes 4 Rent Price Performance

Shares of AMH stock opened at $34.56 on Friday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The firm's 50 day moving average is $33.28 and its 200-day moving average is $31.42. The firm has a market capitalization of $12.46 billion, a price-to-earnings ratio of 27.43, a PEG ratio of 6.25 and a beta of 0.79. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. During the same quarter last year, the business posted $0.47 earnings per share. American Homes 4 Rent'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. Sell-side analysts forecast that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 15th. American Homes 4 Rent's dividend payout ratio (DPR) is 104.76%.

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.

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