Tobam Buys Shares of 20,431 American Homes 4 Rent $AMH

Tobam purchased a new stake in shares of American Homes 4 Rent (NYSE:AMH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,431 shares of the real estate investment trust’s stock, valued at approximately $656,000.

Several other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC lifted its position in American Homes 4 Rent by 3.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after purchasing an additional 321 shares during the last quarter. Assetmark Inc. grew its position in American Homes 4 Rent by 21.6% in the 3rd quarter. Assetmark Inc. now owns 2,360 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 420 shares during the last quarter. IFP Advisors Inc increased its stake 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. Parallel Advisors LLC increased its stake in shares of 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 period. Finally, Evergreen Capital Management LLC raised its holdings in shares of American Homes 4 Rent by 5.6% during the fourth quarter. Evergreen Capital Management LLC now owns 8,767 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 468 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Trading Down 0.0%

American Homes 4 Rent stock opened at $31.70 on Friday. The firm has a 50 day simple moving average of $31.67 and a 200-day simple moving average of $30.92. 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 stock has a market capitalization of $11.43 billion, a PE ratio of 25.77, a price-to-earnings-growth ratio of 4.28 and a beta of 0.81. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $37.06.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.18 by $0.30. The firm had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous 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, equities research analysts expect that American Homes 4 Rent will post 1.89 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. Stockholders 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 dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, June 15th. American Homes 4 Rent’s payout ratio is currently 107.32%.

Insider Activity at American Homes 4 Rent

In other news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was acquired 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 in the company, valued at $400,010. This represents a 13.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders acquired 5,000 shares of company stock valued at $117,024. 5.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AMH shares. Barclays increased their price objective on 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. Deutsche Bank Aktiengesellschaft cut their target price 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 raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a research note on Monday, May 18th. Wells Fargo & Company increased their price target on American Homes 4 Rent from $34.00 to $36.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $35.58.

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.