CIBC Asset Management Inc Increases Holdings in American Homes 4 Rent $AMH

CIBC Asset Management Inc lifted its position in American Homes 4 Rent (NYSE:AMH) by 1,371.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 168,345 shares of the real estate investment trust’s stock after purchasing an additional 156,907 shares during the period. CIBC Asset Management Inc’s holdings in American Homes 4 Rent were worth $5,404,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB boosted its holdings in shares of American Homes 4 Rent by 10,728.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 751 shares during the period. IFP Advisors Inc lifted its holdings in shares of American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 441 shares during the last quarter. True Wealth Design LLC lifted its holdings 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 valued at $27,000 after purchasing an additional 577 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 442 shares during the last quarter. Finally, V Square Quantitative Management LLC purchased a new position in American Homes 4 Rent in the 4th quarter worth $37,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Up 1.1%

AMH stock opened at $33.29 on Friday. The firm has a market cap of $12.00 billion, a PE ratio of 27.06, a PEG ratio of 4.38 and a beta of 0.81. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. American Homes 4 Rent has a one year low of $27.22 and a one year high of $37.15. The firm’s 50 day moving average price is $30.86 and its 200-day moving average price is $30.88.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. The company had revenue of $472.02 million for 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%.The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter 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, equities research analysts anticipate that American Homes 4 Rent will post 1.93 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.33 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 4.0%. American Homes 4 Rent’s payout ratio is presently 107.32%.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $23.53 per share, with a total value of $48,024.73. Following the completion of the transaction, the director owned 17,000 shares of the company’s stock, valued at $400,010. The trade was a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders acquired a total of 5,000 shares of company stock worth $117,024 over the last 90 days. 5.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

AMH has been the subject of a number of research analyst reports. Compass Point began coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 target price for the company. Citigroup cut their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Barclays lifted their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. UBS Group lowered their price objective on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Finally, Keefe, Bruyette & Woods lifted their price objective on American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Nine analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $35.08.

American Homes 4 Rent Profile

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.