Fjarde AP Fonden Fourth Swedish National Pension Fund Decreases Stock Holdings in American Homes 4 Rent $AMH

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its position in shares of American Homes 4 Rent (NYSE:AMH) by 85.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 10,650 shares of the real estate investment trust’s stock after selling 62,550 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in American Homes 4 Rent were worth $297,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new stake in American Homes 4 Rent in the fourth quarter worth $710,672,000. State Street Corp lifted its position in American Homes 4 Rent by 2.2% during the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after purchasing an additional 399,894 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of American Homes 4 Rent by 8.7% in the 4th quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after buying an additional 1,260,717 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of American Homes 4 Rent by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock worth $235,572,000 after buying an additional 161,676 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of American Homes 4 Rent by 30.1% in the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock worth $197,789,000 after buying an additional 1,425,912 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Stock Performance

Shares of American Homes 4 Rent stock opened at $33.80 on Tuesday. 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 moving average is $32.37 and its two-hundred day moving average is $31.09. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $36.86. The company has a market capitalization of $12.19 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 4.60 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.30. The business had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period last 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. As a group, analysts expect that American Homes 4 Rent will post 1.88 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 107.32%.

Insider Buying and Selling

In related news, Director Jack E. Corrigan acquired 2,041 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the acquisition, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. This represents a 13.64% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last quarter, insiders have bought 5,000 shares of company stock valued at $117,024. Company insiders own 5.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMH has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft set a $39.00 target price on shares of American Homes 4 Rent in a research report on Friday, June 26th. BMO Capital Markets raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price objective on the stock in a research note on Friday, June 26th. UBS Group decreased their price objective on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. 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 price objective for the company. Finally, Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Homes 4 Rent has an average rating of “Moderate Buy” and an average price target of $36.08.

American Homes 4 Rent Company 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.