Fox Run Management L.L.C. Takes $914,000 Position in American Homes 4 Rent $AMH

Fox Run Management L.L.C. purchased a new stake in American Homes 4 Rent (NYSE:AMH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 28,470 shares of the real estate investment trust’s stock, valued at approximately $914,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB increased its stake in shares of American Homes 4 Rent by 10,728.6% in the 3rd 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 last quarter. IFP Advisors Inc increased its stake in shares of 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 purchasing an additional 441 shares during the last quarter. True Wealth Design LLC increased its stake in shares of American Homes 4 Rent by 230.8% in 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 increased its stake in shares of American Homes 4 Rent by 84.8% in 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 bought a new position in shares of American Homes 4 Rent in the 4th quarter valued at $37,000. Institutional investors own 91.87% of the company’s stock.

Analysts Set New Price Targets

AMH has been the topic of several recent analyst reports. Citigroup decreased 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. Deutsche Bank Aktiengesellschaft decreased their price target on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, March 20th. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price objective on the stock in a research report on Monday, May 18th. Royal Bank Of Canada boosted their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Barclays boosted their price objective on American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, April 27th. Nine analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, American Homes 4 Rent has a consensus rating of “Hold” and an average target price of $35.08.

Insider Buying and Selling

In related news, Director Jack E. Corrigan bought 2,041 shares of the business’s stock in a transaction on Monday, May 18th. The shares were purchased at an average cost of $23.53 per share, with a total value of $48,024.73. Following the acquisition, the director owned 17,000 shares of the company’s stock, valued at $400,010. This represents a 13.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders bought 5,000 shares of company stock worth $117,024. 5.70% of the stock is currently owned by insiders.

American Homes 4 Rent Trading Down 0.6%

Shares of AMH stock opened at $33.26 on Thursday. The firm has a market capitalization of $11.99 billion, a P/E ratio of 27.04, a P/E/G ratio of 4.41 and a beta of 0.81. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $37.10. 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 stock’s fifty day simple moving average is $31.18 and its 200 day simple moving average is $30.90.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The business 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%.American Homes 4 Rent’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, sell-side analysts predict that American Homes 4 Rent will post 1.93 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.33 per share. The ex-dividend date 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 currently 107.32%.

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.