Kera Capital Partners Inc. Makes New Investment in American Homes 4 Rent $AMH

Kera Capital Partners Inc. acquired a new stake in shares of American Homes 4 Rent (NYSE:AMH) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 16,831 shares of the real estate investment trust’s stock, valued at approximately $527,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Centersquare Investment Management LLC increased its stake in shares of American Homes 4 Rent by 25.9% in the 3rd quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock worth $175,270,000 after acquiring an additional 1,082,972 shares in the last quarter. Vanguard Group Inc. boosted its stake in American Homes 4 Rent by 0.6% during the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after acquiring an additional 246,713 shares in the last quarter. Aew Capital Management L P grew its holdings in American Homes 4 Rent by 56.0% in the third quarter. Aew Capital Management L P now owns 2,064,622 shares of the real estate investment trust’s stock worth $68,649,000 after purchasing an additional 741,388 shares during the period. M&T Bank Corp grew its holdings in American Homes 4 Rent by 386.9% in the fourth quarter. M&T Bank Corp now owns 39,333 shares of the real estate investment trust’s stock worth $1,262,000 after purchasing an additional 31,254 shares during the period. Finally, Schroder Investment Management Group increased its stake in shares of American Homes 4 Rent by 311.2% during the third quarter. Schroder Investment Management Group now owns 1,374,162 shares of the real estate investment trust’s stock valued at $44,619,000 after purchasing an additional 1,040,001 shares in the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Trading Down 0.0%

Shares of AMH stock opened at $31.70 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $37.06. The stock’s 50-day moving average price is $31.67 and its 200-day moving average price is $30.92. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 4.28 and a beta of 0.81.

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 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 firm had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. During the same period in the prior year, the company earned $0.46 EPS. The business’s revenue 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. Equities research analysts predict that American Homes 4 Rent will post 1.89 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is currently 107.32%.

Wall Street Analyst Weigh In

AMH has been the subject of several recent research reports. Compass Point began coverage on shares of American Homes 4 Rent in a report on Tuesday, April 28th. They set a “buy” rating and a $37.50 target price for the company. Mizuho upped their price target on American Homes 4 Rent from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Wednesday. BMO Capital Markets raised their price target on American Homes 4 Rent from $36.00 to $39.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Keefe, Bruyette & Woods boosted their price objective on shares of American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, Royal Bank Of Canada boosted their target price 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. Nine research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $35.58.

Insider Activity at American Homes 4 Rent

In other news, Director Jack E. Corrigan purchased 2,041 shares of the company’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 transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased 5,000 shares of company stock worth $117,024 over the last 90 days. Company insiders own 5.70% of the company’s stock.

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.