Pensionfund Sabic Acquires New Shares in American Homes 4 Rent $AMH

Pensionfund Sabic bought a new position in American Homes 4 Rent (NYSE:AMH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 63,000 shares of the real estate investment trust’s stock, valued at approximately $2,022,000.

Other hedge funds have also made changes to their positions in the company. Norges Bank bought a new stake in American Homes 4 Rent during the 2nd quarter worth approximately $796,706,000. Lasalle Investment Management Securities LLC boosted its holdings in American Homes 4 Rent by 76.1% in the third quarter. Lasalle Investment Management Securities LLC now owns 2,888,809 shares of the real estate investment trust’s stock valued at $96,053,000 after acquiring an additional 1,248,131 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its holdings in American Homes 4 Rent by 102.9% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,372,586 shares of the real estate investment trust’s stock valued at $78,888,000 after acquiring an additional 1,203,093 shares during the last quarter. Centersquare Investment Management LLC increased its position in American Homes 4 Rent by 25.9% in the third quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock worth $175,270,000 after purchasing an additional 1,082,972 shares during the period. Finally, First Trust Advisors LP increased its position in American Homes 4 Rent by 2,035.9% in the second quarter. First Trust Advisors LP now owns 1,129,609 shares of the real estate investment trust’s stock worth $40,745,000 after purchasing an additional 1,076,722 shares during the period. Institutional investors and hedge funds own 91.87% of the company’s stock.

Insider Activity

In other American Homes 4 Rent news, Director Douglas N. Benham acquired 1,200 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This represents a 2.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Goldberg acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 6,771 shares of company stock valued at $183,684 over the last quarter. 6.01% of the stock is currently owned by company insiders.

American Homes 4 Rent Price Performance

NYSE:AMH opened at $27.54 on Wednesday. The stock has a market capitalization of $10.02 billion, a PE ratio of 23.34, a P/E/G ratio of 3.97 and a beta of 0.80. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $39.49. The firm has a fifty day simple moving average of $30.36 and a 200 day simple moving average of $31.59. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly 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). The firm had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The business’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company posted $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts expect that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be paid a $0.33 dividend. This is an increase 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 annualized dividend and a yield of 4.8%. American Homes 4 Rent’s dividend payout ratio (DPR) is 111.86%.

Analyst Ratings Changes

A number of research firms have issued reports on AMH. Deutsche Bank Aktiengesellschaft cut 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, March 20th. BMO Capital Markets reiterated a “market perform” rating and set a $37.00 target price on shares of American Homes 4 Rent in a research report on Friday, January 9th. Citizens Jmp cut their target price on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating on the stock in a research note on Monday, February 23rd. Barclays lowered their price target on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Finally, Keefe, Bruyette & Woods cut their price target on shares of American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Seven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, American Homes 4 Rent presently has an average rating of “Hold” and a consensus target price of $35.21.

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.