American Homes 4 Rent $AMH Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd reduced its position in American Homes 4 Rent (NYSE:AMHFree Report) by 59.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 56,185 shares of the real estate investment trust’s stock after selling 84,056 shares during the period. IFM Investors Pty Ltd’s holdings in American Homes 4 Rent were worth $1,569,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB lifted its stake 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 grew its position in shares of American Homes 4 Rent by 122.2% in the fourth 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 period. True Wealth Design LLC grew its position in shares of American Homes 4 Rent by 230.8% in the fourth 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 period. Parallel Advisors LLC increased its stake 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 purchasing an additional 442 shares during the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in American Homes 4 Rent in the fourth quarter valued at $35,000. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Down 0.1%

Shares of NYSE:AMH opened at $34.03 on Friday. The company has a market capitalization of $12.27 billion, a price-to-earnings ratio of 27.67, a price-to-earnings-growth ratio of 4.60 and a beta of 0.79. The company has a 50 day moving average of $32.30 and a two-hundred day moving average of $31.08. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $36.86. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67.

American Homes 4 Rent (NYSE:AMHGet Free Report) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS 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 analysts’ expectations of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, analysts forecast that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.33 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. American Homes 4 Rent’s payout ratio is currently 107.32%.

Insider Buying and Selling

In other news, Director Jack E. Corrigan acquired 2,041 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was bought at an average cost of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director directly owned 17,000 shares in the company, valued at approximately $400,010. This represents a 13.64% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last quarter, insiders have acquired 5,000 shares of company stock valued at $117,024. Insiders own 5.70% of the company’s stock.

Analyst Ratings Changes

AMH has been the topic of a number of research analyst reports. Morgan Stanley decreased their price target on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th. Barclays increased their price objective on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday, April 27th. Wall Street Zen raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft set a $39.00 target price on shares of American Homes 4 Rent in a report on Friday, June 26th. Finally, Jefferies Financial Group raised shares of American Homes 4 Rent to a “strong-buy” rating in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $36.08.

Read Our Latest Analysis on American Homes 4 Rent

American Homes 4 Rent Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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