West Family Investments Inc. Takes $492,000 Position in American Homes 4 Rent $AMH

West Family Investments Inc. acquired a new position in American Homes 4 Rent (NYSE:AMH) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,682 shares of the real estate investment trust’s stock, valued at approximately $492,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB grew its holdings in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 751 shares during the period. IFP Advisors Inc raised its holdings in American Homes 4 Rent by 122.2% in the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 441 shares during the period. Parallel Advisors LLC lifted its position in American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 442 shares during the last quarter. Bessemer Group Inc. boosted its stake in American Homes 4 Rent by 70.3% during the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares during the period. Finally, Prosperity Bancshares Inc purchased a new position in American Homes 4 Rent during the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

AMH has been the topic of a number of research reports. Barclays upped their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. lifted their price objective on shares of American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Monday. Compass Point assumed coverage on shares of American Homes 4 Rent in a report on Tuesday, April 28th. They set a “buy” rating and a $37.50 target price on the stock. Finally, Royal Bank Of Canada lifted their price objective on American Homes 4 Rent from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, American Homes 4 Rent currently has an average rating of “Moderate Buy” and an average price target of $36.83.

American Homes 4 Rent Stock Up 2.0%

Shares of American Homes 4 Rent stock opened at $34.35 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a fifty day moving average of $33.52 and a two-hundred day moving average of $31.58. American Homes 4 Rent has a one year low of $27.22 and a one year high of $35.85. The company has a market cap of $12.39 billion, a P/E ratio of 27.27, a PEG ratio of 6.09 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. The company had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the firm earned $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, analysts forecast that American Homes 4 Rent will post 1.88 earnings per share for the current year.

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.