Natixis Advisors LLC lifted its position in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 23.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 115,666 shares of the real estate investment trust’s stock after buying an additional 21,952 shares during the quarter. Natixis Advisors LLC’s holdings in American Homes 4 Rent were worth $3,713,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. lifted its holdings in shares of American Homes 4 Rent by 21.6% during the third quarter. Assetmark Inc. now owns 2,360 shares of the real estate investment trust’s stock worth $78,000 after buying an additional 420 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 441 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 442 shares in the last quarter. Evergreen Capital Management LLC lifted its holdings in shares of American Homes 4 Rent by 5.6% during the fourth quarter. Evergreen Capital Management LLC now owns 8,767 shares of the real estate investment trust’s stock worth $281,000 after buying an additional 468 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted 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 worth $704,000 after buying an additional 469 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.
Insider Transactions at American Homes 4 Rent
In other American Homes 4 Rent news, Director Jack E. Corrigan bought 2,041 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were purchased at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the transaction, the director directly owned 17,000 shares in the company, valued at approximately $400,010. The trade was a 13.64% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders bought a total of 5,000 shares of company stock valued at $117,024 in the last quarter. Insiders own 5.70% of the company’s stock.
American Homes 4 Rent Stock Performance
American Homes 4 Rent (NYSE:AMH – Get Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The firm had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. The business’s revenue for the quarter 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. As a group, analysts expect that American Homes 4 Rent will post 1.93 earnings per share for the current fiscal year.
American Homes 4 Rent Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s payout ratio is currently 107.32%.
Analysts Set New Price Targets
A number of research firms have recently weighed in on AMH. Wells Fargo & Company lifted their target price on American Homes 4 Rent from $34.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Scotiabank lifted their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. Barclays lifted their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft decreased their price target on 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. Finally, Morgan Stanley decreased their price target on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $35.08.
Get Our Latest Research Report on American Homes 4 Rent
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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