Pensionfund PDN Invests $2.02 Million in American Homes 4 Rent $AMH

Pensionfund PDN acquired a new stake in American Homes 4 Rent (NYSE:AMH) during the 4th quarter, Holdings Channel.com reports. The firm acquired 63,000 shares of the real estate investment trust’s stock, valued at approximately $2,022,000. American Homes 4 Rent comprises approximately 1.3% of Pensionfund PDN’s portfolio, making the stock its 21st largest position.

A number of other large investors have also made changes to their positions in the stock. Wilmington Savings Fund Society FSB raised its stake in American Homes 4 Rent by 10,728.6% in the 3rd 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 during the last quarter. True Wealth Design LLC lifted its holdings in American Homes 4 Rent by 230.8% in the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares during the last quarter. SJS Investment Consulting Inc. acquired a new stake in shares of American Homes 4 Rent during the 3rd quarter worth about $43,000. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of American Homes 4 Rent by 4,356.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 1,307 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AMH shares. BMO Capital Markets reissued a “market perform” rating and issued a $37.00 price objective on shares of American Homes 4 Rent in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Wall Street Zen downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Finally, Barclays reduced their price target on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Friday, March 6th. Seven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, American Homes 4 Rent presently has a consensus rating of “Hold” and a consensus price target of $35.21.

American Homes 4 Rent Trading Up 0.6%

NYSE AMH opened at $27.53 on Tuesday. The company has a market cap of $10.02 billion, a P/E ratio of 23.33, a P/E/G ratio of 3.95 and a beta of 0.80. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $39.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63. The company has a 50-day moving average of $30.43 and a 200-day moving average of $31.64.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $402.93 million during the quarter, compared to analyst estimates of $459.24 million. During the same period in the prior year, the business posted $0.45 earnings per share. 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 predict that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.33 dividend. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.8%. American Homes 4 Rent’s dividend payout ratio (DPR) is 111.86%.

Insiders Place Their Bets

In other news, Director Douglas N. Benham bought 1,571 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average cost of $24.00 per share, with a total value of $37,704.00. Following the transaction, the director owned 43,517 shares of the company’s stock, valued at $1,044,408. This represents a 3.75% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director David Goldberg bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the transaction, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 6,771 shares of company stock worth $183,684. 6.01% of the stock is owned by company insiders.

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.