SG Americas Securities LLC raised its holdings in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 19.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 194,184 shares of the real estate investment trust’s stock after buying an additional 31,509 shares during the period. SG Americas Securities LLC owned about 0.05% of American Homes 4 Rent worth $6,233,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in AMH. True Wealth Design LLC boosted its stake in shares of American Homes 4 Rent by 230.8% during the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 577 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of American Homes 4 Rent by 754.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 80,038 shares of the real estate investment trust’s stock worth $2,599,000 after purchasing an additional 70,672 shares during the period. NorthCrest Asset Manangement LLC purchased a new stake in shares of American Homes 4 Rent during the fourth quarter valued at $214,000. Davis Selected Advisers lifted its holdings in shares of American Homes 4 Rent by 14.1% during the third quarter. Davis Selected Advisers now owns 285,600 shares of the real estate investment trust’s stock valued at $9,496,000 after purchasing an additional 35,240 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its position in shares of American Homes 4 Rent by 1,653.2% in the 3rd quarter. Tudor Investment Corp ET AL now owns 631,484 shares of the real estate investment trust’s stock valued at $20,997,000 after purchasing an additional 595,465 shares during the period. Institutional investors and hedge funds own 91.87% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Scotiabank decreased their target price on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. UBS Group decreased their price objective on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. The Goldman Sachs Group set a $37.00 price target on American Homes 4 Rent in a research report on Monday, December 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Finally, Wells Fargo & Company dropped their price target on shares of American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. Seven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $35.21.
American Homes 4 Rent Trading Down 0.2%
American Homes 4 Rent stock opened at $27.87 on Wednesday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $39.49. The company’s fifty day moving average price is $29.94 and its two-hundred day moving average price is $31.36. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $10.14 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 4.03 and a beta of 0.80.
American Homes 4 Rent (NYSE:AMH – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). The company had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.American Homes 4 Rent’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.
American Homes 4 Rent Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.33 dividend. 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 annualized dividend and a yield of 4.7%. American Homes 4 Rent’s dividend payout ratio is presently 111.86%.
Insider Buying and Selling
In other news, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the purchase, the director owned 36,723 shares of the company’s stock, valued at $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Douglas N. Benham acquired 1,200 shares of American Homes 4 Rent stock in a transaction dated Monday, March 2nd. The stock was purchased at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares of the company’s stock, valued at $1,082,151.40. The trade was a 2.76% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 6,771 shares of company stock valued at $183,684 in the last ninety days. Company insiders own 6.01% 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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