Squarepoint Ops LLC increased its holdings in American Homes 4 Rent (NYSE:AMH – Free Report) by 69.4% during the second quarter, Holdings Channel reports. The firm owned 308,015 shares of the real estate investment trust’s stock after purchasing an additional 126,188 shares during the period. Squarepoint Ops LLC’s holdings in American Homes 4 Rent were worth $10,325,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in AMH. Commonwealth Equity Services LLC grew its position in American Homes 4 Rent by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock worth $347,000 after buying an additional 321 shares during the last quarter. Vanderbilt University increased its holdings in shares of American Homes 4 Rent by 1.5% in the first quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock valued at $653,000 after buying an additional 346 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its position in shares of American Homes 4 Rent by 3.6% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock valued at $338,000 after acquiring an additional 424 shares during the last quarter. Assetmark Inc. boosted its stake in shares of American Homes 4 Rent by 7.2% during the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock worth $179,000 after acquiring an additional 431 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake 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 worth $26,000 after acquiring an additional 441 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors.
Insider Activity at American Homes 4 Rent
In related news, Director Jack Corrigan purchased 6,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average cost of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the acquisition, the director owned 22,000 shares in the company, valued at $493,240. This trade represents a 37.50% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate 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 posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The firm had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. During the same period in the previous year, the firm earned $0.47 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 1.930-1.970 EPS. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.91 EPS for the current fiscal year.
American Homes 4 Rent Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio is 104.76%.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Morgan Stanley decreased their target price on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, August 12th. Royal Bank Of Canada increased their price target on American Homes 4 Rent from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Barclays boosted their price objective on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Scotiabank upped their price objective on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Finally, 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 on the stock in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $36.83.
Read Our Latest Research Report on AMH
About American Homes 4 Rent
American Homes 4 Rent (NYSE:AMH) is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.
AMH’s activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.
Founded in 2012, American Homes 4 Rent serves communities across several U.S.
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