American Homes 4 Rent $AMH Position Cut by Diligent Investors LLC

Diligent Investors LLC decreased its position in shares of American Homes 4 Rent (NYSE:AMH) by 35.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 48,838 shares of the real estate investment trust’s stock after selling 26,781 shares during the quarter. Diligent Investors LLC’s holdings in American Homes 4 Rent were worth $1,624,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. AE Wealth Management LLC lifted its position in American Homes 4 Rent by 7.3% in the 3rd quarter. AE Wealth Management LLC now owns 6,149 shares of the real estate investment trust’s stock valued at $204,000 after purchasing an additional 418 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. Parallel Advisors LLC grew its position in American Homes 4 Rent by 84.8% in 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. Thrivent Financial for Lutherans increased its stake in shares of American Homes 4 Rent by 0.6% in the second quarter. Thrivent Financial for Lutherans now owns 74,825 shares of the real estate investment trust’s stock valued at $2,699,000 after purchasing an additional 447 shares during the period. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of American Homes 4 Rent by 2.3% during the third quarter. Crossmark Global Holdings Inc. now owns 21,178 shares of the real estate investment trust’s stock valued at $704,000 after buying an additional 469 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

Insiders Place Their Bets

In other news, Director David Goldberg acquired 2,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were bought at an average price of $29.30 per share, with a total value of $58,600.00. Following the purchase, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Douglas N. Benham acquired 1,200 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was purchased at an average price of $24.20 per share, with a total value of $29,040.00. Following the acquisition, the director owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 6,771 shares of company stock worth $183,684 in the last three months. Company insiders own 6.32% of the company’s stock.

American Homes 4 Rent Trading Down 0.9%

Shares of NYSE:AMH opened at $28.37 on Friday. The company has a 50 day moving average of $30.84 and a 200-day moving average of $31.99. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The firm has a market cap of $10.32 billion, a P/E ratio of 24.04, a P/E/G ratio of 4.11 and a beta of 0.80. American Homes 4 Rent has a twelve month low of $28.21 and a twelve month high of $39.49.

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

American Homes 4 Rent Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.33 per share. 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 annualized dividend and a dividend yield of 4.7%. American Homes 4 Rent’s payout ratio is 101.69%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMH shares. Morgan Stanley reduced their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Monday, March 9th. Wall Street Zen cut American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Sunday, January 18th. BMO Capital Markets reaffirmed a “market perform” rating and set a $37.00 target price on shares of American Homes 4 Rent in a research note on Friday, January 9th. Citizens Jmp reduced their price target on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research report on Monday, February 23rd. Finally, JPMorgan Chase & Co. decreased their price target on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $35.53.

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.