Strs Ohio Buys 82,615 Shares of American Homes 4 Rent $AMH

Key Points

• STRS Ohio raised its stake in American Homes 4 Rent by 50.5% in Q4, buying 82,615 shares to hold 246,263 shares worth $7.91 million (about 0.07% of AMH).
• American Homes 4 Rent missed quarterly estimates, reporting $0.33 EPS vs. $0.47 expected and $402.9M revenue vs. $459.2M expected, and set FY2026 guidance of $1.890–$1.950 EPS (analysts average 1.92).
• The company increased its quarterly dividend to $0.33 (annualized $1.32, yield 4.1%), but the dividend payout ratio is high at 111.86% and analysts maintain a consensus "Hold" with an average target of $35.39.

Strs Ohio raised its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 50.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 246,263 shares of the real estate investment trust's stock after purchasing an additional 82,615 shares during the period. Strs Ohio owned 0.07% of American Homes 4 Rent worth $7,905,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AMH. Jones Financial Companies Lllp raised its position in American Homes 4 Rent by 1,103.6% during the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust's stock worth $493,000 after purchasing an additional 11,963 shares during the last quarter. Cetera Investment Advisers raised its position in American Homes 4 Rent by 3.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust's stock worth $607,000 after purchasing an additional 537 shares during the last quarter. Walleye Capital LLC bought a new position in American Homes 4 Rent during the 2nd quarter worth $255,000. Jump Financial LLC bought a new position in American Homes 4 Rent during the 2nd quarter worth $413,000. Finally, Cerity Partners LLC raised its position in American Homes 4 Rent by 5.6% during the 2nd quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust's stock worth $1,643,000 after purchasing an additional 2,401 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AMH shares. Wall Street Zen downgraded American Homes 4 Rent from a "hold" rating to a "sell" rating in a report on Sunday, January 18th. Mizuho decreased their price target on American Homes 4 Rent from $32.00 to $29.00 and set a "neutral" rating for the company in a report on Friday, March 13th. Keefe, Bruyette & Woods decreased their price target on American Homes 4 Rent from $37.00 to $35.00 and set an "outperform" rating for the company in a report on Wednesday, February 25th. UBS Group decreased their price target on American Homes 4 Rent from $38.00 to $33.00 and set a "neutral" rating for the company in a report on Thursday, January 8th. Finally, Morgan Stanley decreased their price target on American Homes 4 Rent from $40.00 to $39.00 and set an "overweight" rating for the company in a report on Monday, March 9th. Eight analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, American Homes 4 Rent currently has a consensus rating of "Hold" and an average target price of $35.39.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $31.97 on Tuesday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $39.49. The company has a market cap of $11.63 billion, a PE ratio of 27.09, a P/E/G ratio of 4.61 and a beta of 0.82. The stock has a 50-day moving average of $29.40 and a 200-day moving average of $30.92. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last issued its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The firm had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. During the same period in the previous year, the firm earned $0.45 earnings per share. The business's quarterly revenue was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, equities research analysts predict that American Homes 4 Rent will post 1.92 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently declared 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. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.30. The ex-dividend date was Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.86%.

Insider Transactions at American Homes 4 Rent

In related news, Director Douglas N. Benham purchased 1,571 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was acquired at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the purchase, the director owned 43,517 shares of the company's stock, valued at approximately $1,044,408. This trade represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director David Goldberg purchased 2,000 shares of the business's stock in a transaction on Tuesday, March 3rd. The shares were bought at an average price of $29.30 per share, with a total value of $58,600.00. Following the purchase, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 6,771 shares of company stock valued at $183,684 in the last quarter. Company insiders own 5.70% of the company's stock.

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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