Robeco Institutional Asset Management B.V. Boosts Stake in American Homes 4 Rent $AMH

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in American Homes 4 Rent by 15.0%, owning approximately 0.07% of the company valued at $9.2 million after acquiring additional shares.
• Analysts have mixed opinions on AMH, with Wolfe Research upgrading the stock to "outperform" with a price target of $38, while Goldman Sachs downgraded it to "neutral" with a target of $37.
• American Homes 4 Rent announced a quarterly dividend of $0.30, yielding 3.7%, despite a dividend payout ratio of 108.11%.

Robeco Institutional Asset Management B.V. raised its holdings in American Homes 4 Rent (NYSE:AMH - Free Report) by 15.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 255,279 shares of the real estate investment trust's stock after acquiring an additional 33,344 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.07% of American Homes 4 Rent worth $9,208,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of AMH. Golden State Wealth Management LLC purchased a new stake in American Homes 4 Rent in the first quarter valued at approximately $29,000. Parallel Advisors LLC increased its holdings in shares of 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 buying an additional 532 shares during the last quarter. Pandora Wealth Inc. purchased a new stake in shares of American Homes 4 Rent during the 1st quarter valued at $38,000. Opal Wealth Advisors LLC bought a new stake in shares of American Homes 4 Rent during the 1st quarter worth $42,000. Finally, SVB Wealth LLC purchased a new position in American Homes 4 Rent in the first quarter worth $42,000. Hedge funds and other institutional investors own 91.87% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on AMH. Wolfe Research upgraded American Homes 4 Rent from a "peer perform" rating to an "outperform" rating and set a $38.00 price target on the stock in a research report on Thursday. The Goldman Sachs Group cut American Homes 4 Rent from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $43.00 to $37.00 in a report on Wednesday, September 17th. Morgan Stanley upped their target price on American Homes 4 Rent from $40.50 to $41.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 19th. Barclays reduced their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating on the stock in a research report on Tuesday, August 12th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of American Homes 4 Rent in a report on Saturday, September 27th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $39.69.

American Homes 4 Rent Stock Performance

NYSE:AMH opened at $32.62 on Monday. 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 has a fifty-two week low of $31.68 and a fifty-two week high of $39.49. The firm has a market cap of $12.10 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 2.75 and a beta of 0.75. The business has a 50 day moving average price of $34.37 and a 200-day moving average price of $35.91.

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

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.7%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 108.11%.

About American Homes 4 Rent

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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