Corient Private Wealth LP grew its stake in American Homes 4 Rent (NYSE:AMH – Free Report) by 20.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 483,935 shares of the real estate investment trust’s stock after acquiring an additional 82,497 shares during the quarter. Corient Private Wealth LP owned about 0.13% of American Homes 4 Rent worth $16,222,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Commonwealth Equity Services LLC raised its stake in American Homes 4 Rent by 3.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after purchasing an additional 321 shares during the last quarter. Vanderbilt University lifted its holdings in American Homes 4 Rent by 1.5% in the 1st quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock valued at $653,000 after purchasing an additional 346 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its stake in shares of American Homes 4 Rent by 3.6% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 424 shares during the last quarter. Assetmark Inc. boosted its stake in shares of American Homes 4 Rent by 7.2% during the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock worth $179,000 after purchasing an additional 431 shares during the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 441 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. Citigroup reissued a “market outperform” rating on shares of American Homes 4 Rent in a research report on Wednesday, August 5th. Mizuho raised their target price on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 17th. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a report on Monday, May 18th. Jefferies Financial Group raised American Homes 4 Rent to a “strong-buy” rating in a research note on Wednesday, July 22nd. Finally, Barclays raised their price objective on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.83.
American Homes 4 Rent Price Performance
American Homes 4 Rent stock opened at $33.54 on Friday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The firm has a 50 day moving average price of $33.78 and a 200 day moving average price of $31.73. The company has a market cap of $12.09 billion, a price-to-earnings ratio of 26.62, a PEG ratio of 5.99 and a beta of 0.79. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59.
American Homes 4 Rent (NYSE:AMH – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping the consensus estimate of $0.18 by $0.13. The firm had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. American Homes 4 Rent’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.9 earnings per share for the current year.
American Homes 4 Rent Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is 104.76%.
Insider Buying and Selling at American Homes 4 Rent
In other news, Director Jack E. Corrigan bought 6,000 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average price of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the acquisition, the director owned 22,000 shares of the company’s stock, valued at $493,240. The trade was a 37.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.70% 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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