Ieq Capital LLC Increases Stake in American Homes 4 Rent $AMH

Ieq Capital LLC lifted its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 1,551.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 136,844 shares of the real estate investment trust’s stock after purchasing an additional 128,560 shares during the period. Ieq Capital LLC’s holdings in American Homes 4 Rent were worth $4,587,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in AMH. Wilmington Savings Fund Society FSB grew its stake in shares of American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 751 shares during the last quarter. IFP Advisors Inc boosted its holdings in American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 441 shares during the period. Parallel Advisors LLC grew its position in 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 acquiring an additional 442 shares during the last quarter. Prosperity Bancshares Inc bought a new position in American Homes 4 Rent during the 4th quarter worth approximately $35,000. Finally, Bessemer Group Inc. grew its position in American Homes 4 Rent by 70.3% during the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 483 shares during the last quarter. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

NYSE:AMH opened at $34.36 on Monday. The stock has a market cap of $12.39 billion, a P/E ratio of 27.27, a price-to-earnings-growth ratio of 6.16 and a beta of 0.79. The firm’s fifty day simple moving average is $33.57 and its 200 day simple moving average is $31.62. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $35.85. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million for the quarter, compared to the consensus estimate of $466.51 million. During the same period in the previous year, the firm earned $0.47 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, research analysts predict that American Homes 4 Rent will post 1.9 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.33 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 3.8%. American Homes 4 Rent’s payout ratio is currently 104.76%.

Analysts Set New Price Targets

Several analysts have weighed in on AMH shares. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Monday, August 17th. BMO Capital Markets upgraded shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 target price on the stock in a report on Friday, June 26th. Royal Bank Of Canada lifted their target price on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Keefe, Bruyette & Woods upped their price target on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.83.

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.