American Homes 4 Rent $AMH Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in American Homes 4 Rent (NYSE:AMHFree Report) by 24.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 715,469 shares of the real estate investment trust’s stock after purchasing an additional 139,563 shares during the period. Hsbc Holdings PLC’s holdings in American Homes 4 Rent were worth $22,969,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AMH. Wilmington Savings Fund Society FSB boosted its stake in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 751 shares in the last quarter. IFP Advisors Inc grew its position in shares of 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. True Wealth Design LLC increased its stake in shares of American Homes 4 Rent by 230.8% in the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC raised its holdings 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 period. Finally, Prosperity Bancshares Inc acquired a new position in American Homes 4 Rent in the 4th quarter worth about $35,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction dated Monday, May 18th. The shares were acquired at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the acquisition, the director directly owned 17,000 shares in the company, valued at approximately $400,010. This trade represents a 13.64% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders purchased 5,000 shares of company stock worth $117,024. Insiders own 5.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Barclays increased their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, March 20th. Raymond James Financial raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a report on Monday, May 18th. Finally, Morgan Stanley decreased their price objective on shares of American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Nine investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and a consensus target price of $35.58.

View Our Latest Report on American Homes 4 Rent

American Homes 4 Rent Trading Up 0.8%

Shares of AMH opened at $32.73 on Thursday. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $36.86. The stock has a market cap of $11.80 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 4.38 and a beta of 0.81. The firm’s fifty day moving average is $31.83 and its two-hundred day moving average is $30.93. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67.

American Homes 4 Rent (NYSE:AMHGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The firm had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. During the same period in the previous year, the business posted $0.46 earnings per share. American Homes 4 Rent’s quarterly 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. Research analysts forecast that American Homes 4 Rent will post 1.88 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 paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

American Homes 4 Rent Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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