Hsbc Holdings PLC Has $22.97 Million Stock Position in American Homes 4 Rent $AMH

Hsbc Holdings PLC increased its stake in American Homes 4 Rent (NYSE:AMH) by 24.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 715,469 shares of the real estate investment trust’s stock after purchasing an additional 139,563 shares during the quarter. Hsbc Holdings PLC’s holdings in American Homes 4 Rent were worth $22,969,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AMH. Wilmington Savings Fund Society FSB increased its stake in 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 in the last quarter. IFP Advisors Inc boosted its position 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 worth $26,000 after purchasing an additional 441 shares in the last quarter. True Wealth Design LLC boosted its position 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 worth $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC grew 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 buying an additional 442 shares during the period. Finally, Prosperity Bancshares Inc acquired a new stake in shares of American Homes 4 Rent in the 4th quarter valued at about $35,000. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMH. Deutsche Bank Aktiengesellschaft set a $39.00 price target on American Homes 4 Rent in a research note on Friday, June 26th. Compass Point started 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. Royal Bank Of Canada boosted their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Mizuho upped their target price on 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. Finally, Morgan Stanley cut their target price on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, American Homes 4 Rent has a consensus rating of “Moderate Buy” and a consensus price target of $36.08.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 2,041 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were bought at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the acquisition, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. This trade represents 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 link. Insiders purchased a total of 5,000 shares of company stock valued at $117,024 in the last 90 days. 5.70% of the stock is owned by company insiders.

American Homes 4 Rent Trading Down 0.8%

NYSE:AMH opened at $33.80 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The firm has a 50-day moving average of $32.37 and a 200-day moving average of $31.09. The company has a market cap of $12.19 billion, a PE ratio of 27.48, a PEG ratio of 4.60 and a beta of 0.79. American Homes 4 Rent has a one year low of $27.22 and a one year high of $36.86.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The business had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. During the same quarter last year, the firm earned $0.46 EPS. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities research analysts expect that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

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

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.