Vestmark Advisory Solutions Inc. Has $842,000 Holdings in American Homes 4 Rent $AMH

Key Points

• Vestmark Advisory Solutions Inc. increased its stake in American Homes 4 Rent by 73.2%, owning 22,280 shares worth $842,000 as of their latest SEC filing.
• Analysts have mixed views on the stock, with price targets ranging from $39.00 to $41.00, and a consensus rating of "Moderate Buy".
• American Homes 4 Rent reported earnings per share of $0.47 for the last quarter, exceeding estimates and reflecting an 8.0% year-over-year revenue growth.

Vestmark Advisory Solutions Inc. boosted its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 73.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,280 shares of the real estate investment trust's stock after purchasing an additional 9,413 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in American Homes 4 Rent were worth $842,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMH. Raymond James Financial Inc. acquired a new stake in American Homes 4 Rent during the fourth quarter valued at approximately $6,821,000. Townsquare Capital LLC acquired a new stake in American Homes 4 Rent during the fourth quarter valued at approximately $222,000. Barclays PLC lifted its stake in American Homes 4 Rent by 95.1% during the fourth quarter. Barclays PLC now owns 676,449 shares of the real estate investment trust's stock valued at $25,315,000 after purchasing an additional 329,648 shares during the last quarter. Mariner LLC lifted its stake in American Homes 4 Rent by 5.0% during the fourth quarter. Mariner LLC now owns 93,793 shares of the real estate investment trust's stock valued at $3,510,000 after purchasing an additional 4,493 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in American Homes 4 Rent during the fourth quarter valued at approximately $230,000. 91.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AMH. Raymond James Financial upped their price target on shares of 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. Barclays reduced their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 12th. Morgan Stanley upped their price target on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the company an "overweight" rating in a research report on Tuesday. Scotiabank upped their price target on shares of 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. Finally, Royal Bank Of Canada upped their price target on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $41.07.

American Homes 4 Rent Stock Up 1.8%

AMH stock traded up $0.6090 during midday trading on Tuesday, reaching $35.0190. The company had a trading volume of 2,872,800 shares, compared to its average volume of 1,940,546. American Homes 4 Rent has a 1 year low of $31.68 and a 1 year high of $41.41. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $12.99 billion, a P/E ratio of 31.55, a PEG ratio of 2.91 and a beta of 0.72. The company has a 50 day moving average of $35.70 and a two-hundred day moving average of $36.26.

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

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan purchased 4,000 shares of the business's stock in a transaction dated Thursday, June 12th. The shares were acquired 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 $343,950. This trade represents a 36.36% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.01% of the company's stock.

American Homes 4 Rent 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.