Sei Investments Co. trimmed its position in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 50.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 663,755 shares of the real estate investment trust’s stock after selling 689,047 shares during the period. Sei Investments Co. owned approximately 0.18% of American Homes 4 Rent worth $18,532,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in shares of American Homes 4 Rent by 1,103.6% during the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock worth $493,000 after purchasing an additional 11,963 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of American Homes 4 Rent by 3.3% in the second quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock valued at $607,000 after purchasing an additional 537 shares in the last quarter. Walleye Capital LLC bought a new position in American Homes 4 Rent in the second quarter worth $255,000. Jump Financial LLC bought a new position in American Homes 4 Rent in the second quarter worth $413,000. Finally, Cerity Partners LLC lifted its position in American Homes 4 Rent by 5.6% in the second quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock worth $1,643,000 after purchasing an additional 2,401 shares during the period. Institutional investors and hedge funds own 91.87% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Barclays boosted their price target on shares of 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. Wall Street Zen upgraded shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Morgan Stanley lowered their target price on shares of American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th. Wells Fargo & Company increased their price target on shares of American Homes 4 Rent from $34.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Royal Bank Of Canada raised their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.47.
Insider Buying and Selling at American Homes 4 Rent
In other news, Director Jack E. Corrigan purchased 2,041 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $23.53 per share, with a total value of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. The trade was a 13.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders acquired a total of 5,000 shares of company stock worth $117,024 in the last ninety days. Insiders own 5.70% of the company’s stock.
American Homes 4 Rent Price Performance
AMH opened at $33.67 on Thursday. American Homes 4 Rent has a one year low of $27.22 and a one year high of $36.13. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The company’s 50 day simple moving average is $33.04 and its 200-day simple moving average is $31.31. The stock has a market capitalization of $12.14 billion, a P/E ratio of 27.38, a price-to-earnings-growth ratio of 4.56 and a beta of 0.79.
American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The firm had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. During the same quarter in the previous year, the company posted $0.46 EPS. American Homes 4 Rent’s revenue was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts anticipate that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.
American Homes 4 Rent Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.33 per share. 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 presently 107.32%.
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.
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