Corsair Capital Management L.P. Invests $642,000 in American Homes 4 Rent $AMH

Corsair Capital Management L.P. bought a new position in shares of American Homes 4 Rent (NYSE:AMH) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 23,000 shares of the real estate investment trust’s stock, valued at approximately $642,000.

A number of other large investors have also recently bought and sold shares of the company. OMERS ADMINISTRATION Corp increased its holdings in American Homes 4 Rent by 3.6% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 424 shares during the period. Entropy Technologies LP lifted its stake in American Homes 4 Rent by 632.2% during the 1st quarter. Entropy Technologies LP now owns 184,003 shares of the real estate investment trust’s stock valued at $5,137,000 after acquiring an additional 158,872 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of American Homes 4 Rent in the 1st quarter valued at $11,672,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of American Homes 4 Rent by 83.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock valued at $98,973,000 after acquiring an additional 1,608,934 shares during the last quarter. Finally, Caxton Associates LLP acquired a new stake in shares of American Homes 4 Rent in the first quarter worth $752,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 target price for the company in a report on Friday, June 26th. UBS Group increased their price target on American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Barclays boosted their price objective on American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Finally, Scotiabank upped their target price on American Homes 4 Rent from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.47.

American Homes 4 Rent Stock Up 0.2%

AMH stock opened at $33.43 on Monday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $36.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. The firm’s fifty day moving average is $32.93 and its 200 day moving average is $31.27. The firm has a market cap of $12.05 billion, a PE ratio of 27.18, a P/E/G ratio of 4.50 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. The firm had revenue of $472.02 million during the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.American Homes 4 Rent’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.88 EPS for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.33 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.9%. American Homes 4 Rent’s payout ratio is 107.32%.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 2,041 shares of American Homes 4 Rent stock in a transaction dated Monday, May 18th. The stock was acquired at an average cost of $23.53 per share, with a total value of $48,024.73. Following the purchase, the director directly owned 17,000 shares in the company, valued at $400,010. This represents a 13.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders purchased 5,000 shares of company stock valued at $117,024 in the last three months. 5.70% of the stock is owned by 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.