Schroder Investment Management Group Grows Position in American Homes 4 Rent $AMH

Schroder Investment Management Group boosted its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 311.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,374,162 shares of the real estate investment trust’s stock after acquiring an additional 1,040,001 shares during the period. Schroder Investment Management Group’s holdings in American Homes 4 Rent were worth $44,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in AMH. Thrivent Financial for Lutherans boosted its position in American Homes 4 Rent by 67.6% during the third quarter. Thrivent Financial for Lutherans now owns 125,412 shares of the real estate investment trust’s stock valued at $4,170,000 after purchasing an additional 50,587 shares in the last quarter. 12th Street Asset Management Company LLC grew its stake in American Homes 4 Rent by 64.3% in the third quarter. 12th Street Asset Management Company LLC now owns 158,081 shares of the real estate investment trust’s stock valued at $5,256,000 after purchasing an additional 61,838 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in American Homes 4 Rent by 24.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,506,317 shares of the real estate investment trust’s stock worth $83,335,000 after purchasing an additional 485,401 shares in the last quarter. Retirement Systems of Alabama raised its holdings in American Homes 4 Rent by 13.3% in the third quarter. Retirement Systems of Alabama now owns 910,363 shares of the real estate investment trust’s stock worth $30,270,000 after purchasing an additional 106,550 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of American Homes 4 Rent by 608,877.8% during the third quarter. Pacer Advisors Inc. now owns 54,808 shares of the real estate investment trust’s stock valued at $1,822,000 after buying an additional 54,799 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada lowered their price target on shares of American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, February 23rd. Mizuho reiterated a “neutral” rating and set a $32.00 price objective (down from $33.00) on shares of American Homes 4 Rent in a research note on Thursday, January 8th. Wells Fargo & Company decreased their target price on shares of American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th. BMO Capital Markets restated a “market perform” rating and issued a $37.00 target price on shares of American Homes 4 Rent in a research note on Friday, January 9th. Finally, Wall Street Zen lowered shares of American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Seven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $35.72.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $28.86 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $10.50 billion, a PE ratio of 24.45, a P/E/G ratio of 4.22 and a beta of 0.80. The business has a 50-day simple moving average of $30.98 and a two-hundred day simple moving average of $32.06. American Homes 4 Rent has a fifty-two week low of $28.58 and a fifty-two week high of $39.49.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The business had revenue of $402.93 million for the quarter, compared to analysts’ expectations of $459.24 million. During the same quarter in the previous year, the firm posted $0.45 EPS. American Homes 4 Rent’s revenue was up 4.2% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities analysts expect that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.32 annualized dividend and a yield of 4.6%. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s payout ratio is presently 101.69%.

Insider Buying and Selling

In related news, Director Douglas N. Benham purchased 1,571 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were acquired at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the purchase, the director owned 43,517 shares of the company’s stock, valued at $1,044,408. This trade represents a 3.75% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Goldberg purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was bought at an average cost of $29.30 per share, with a total value of $58,600.00. Following the acquisition, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 6,771 shares of company stock worth $183,684 in the last 90 days. 6.32% of the stock is currently owned by company insiders.

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.