Vestmark Advisory Solutions Inc. Has $842,000 Stock 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. lifted its stake in American Homes 4 Rent (NYSE:AMH - Free Report) by 73.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,280 shares of the real estate investment trust's stock after acquiring an additional 9,413 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in American Homes 4 Rent were worth $842,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Boston Partners acquired a new stake in shares of American Homes 4 Rent in the 1st quarter worth approximately $1,939,000. National Pension Service lifted its stake in shares of American Homes 4 Rent by 75.0% in the 1st quarter. National Pension Service now owns 1,400 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 600 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of American Homes 4 Rent by 80.0% in the 1st quarter. Russell Investments Group Ltd. now owns 2,138,689 shares of the real estate investment trust's stock worth $80,864,000 after acquiring an additional 950,328 shares during the period. Resona Asset Management Co. Ltd. lifted its stake in shares of American Homes 4 Rent by 7.9% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 189,001 shares of the real estate investment trust's stock worth $7,114,000 after acquiring an additional 13,810 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of American Homes 4 Rent in the 1st quarter worth approximately $113,669,000. 91.87% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other 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 completion of the acquisition, the director directly owned 15,000 shares of the company's stock, valued at $343,950. The trade was a 36.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 6.32% of the stock is owned by corporate insiders.

American Homes 4 Rent Price Performance

AMH stock traded up $0.5240 on Friday, hitting $35.7540. 718,672 shares of the company's stock traded hands, compared to its average volume of 2,208,433. American Homes 4 Rent has a 1-year low of $31.68 and a 1-year high of $41.41. The stock has a fifty day moving average of $35.64 and a 200-day moving average of $36.26. 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 stock has a market cap of $13.26 billion, a price-to-earnings ratio of 32.25, a P/E/G ratio of 2.97 and a beta of 0.72.

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

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.4%. American Homes 4 Rent's payout ratio is currently 108.11%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Morgan Stanley upped their price target on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the stock an "overweight" rating in a research note on Tuesday. Citigroup lowered shares of American Homes 4 Rent from a "buy" rating to a "neutral" rating and set a $41.00 price target for the company. in a research note on Friday, June 6th. Royal Bank Of Canada upped their price target on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. Evercore ISI increased their target price on shares of American Homes 4 Rent from $40.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Finally, Scotiabank increased their target price on shares of American Homes 4 Rent from $38.00 to $41.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $41.07.

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.