American Homes 4 Rent $AMH Shares Bought by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC grew its stake in shares of American Homes 4 Rent (NYSE:AMH) by 104.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,850,171 shares of the real estate investment trust’s stock after purchasing an additional 2,477,585 shares during the quarter. American Homes 4 Rent accounts for 2.3% of Cbre Investment Management Listed Real Assets LLC’s investment portfolio, making the stock its 11th biggest position. Cbre Investment Management Listed Real Assets LLC’s holdings in American Homes 4 Rent were worth $155,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of AMH. Norges Bank acquired a new position in shares of American Homes 4 Rent during the fourth quarter worth about $710,672,000. M&T Bank Corp lifted its stake in shares of American Homes 4 Rent by 21,864.2% during the fourth quarter. M&T Bank Corp now owns 1,774,489 shares of the real estate investment trust’s stock worth $56,961,000 after purchasing an additional 1,766,410 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of American Homes 4 Rent by 8.7% during the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after purchasing an additional 1,260,717 shares in the last quarter. Lasalle Investment Management Securities LLC lifted its stake in shares of American Homes 4 Rent by 76.1% during the third quarter. Lasalle Investment Management Securities LLC now owns 2,888,809 shares of the real estate investment trust’s stock worth $96,053,000 after purchasing an additional 1,248,131 shares in the last quarter. Finally, Centersquare Investment Management LLC lifted its stake in shares of American Homes 4 Rent by 25.9% during the third quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock worth $175,270,000 after purchasing an additional 1,082,972 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

Insider Activity at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction dated Monday, May 18th. The stock was bought at an average cost of $23.53 per share, with a total value of $48,024.73. Following the completion of the acquisition, the director owned 17,000 shares of the company’s stock, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased 5,000 shares of company stock worth $117,024 over the last three months. 5.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AMH. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target on the stock in a research note on Monday, May 18th. Weiss Ratings upgraded American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Mizuho cut their price target on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Scotiabank boosted their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Finally, Citigroup cut their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Nine analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $35.08.

American Homes 4 Rent Stock Up 0.7%

Shares of American Homes 4 Rent stock opened at $32.30 on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The firm has a market cap of $11.65 billion, a P/E ratio of 26.26, a P/E/G ratio of 4.22 and a beta of 0.82. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $37.90. The business has a 50-day moving average price of $30.45 and a 200 day moving average price of $30.85.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. The firm had revenue of $472.02 million during the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.American Homes 4 Rent’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, sell-side analysts forecast that American Homes 4 Rent will post 1.93 earnings per share for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.1%. American Homes 4 Rent’s dividend payout ratio is 107.32%.

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.