GAMMA Investing LLC Has $139,000 Stock Position in American Homes 4 Rent $AMH

GAMMA Investing LLC increased its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 18.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,849 shares of the real estate investment trust’s stock after acquiring an additional 588 shares during the period. GAMMA Investing LLC’s holdings in American Homes 4 Rent were worth $139,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in American Homes 4 Rent by 16.0% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 103,691 shares of the real estate investment trust’s stock worth $3,921,000 after buying an additional 14,278 shares during the period. Asset Management One Co. Ltd. grew its holdings in American Homes 4 Rent by 3.4% during the first quarter. Asset Management One Co. Ltd. now owns 688,009 shares of the real estate investment trust’s stock worth $26,014,000 after purchasing an additional 22,391 shares during the period. Cerity Partners LLC lifted its position in American Homes 4 Rent by 152.4% during the first quarter. Cerity Partners LLC now owns 43,157 shares of the real estate investment trust’s stock worth $1,632,000 after acquiring an additional 26,057 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in American Homes 4 Rent by 27.5% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,587 shares of the real estate investment trust’s stock worth $511,000 after acquiring an additional 2,930 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC lifted its position in American Homes 4 Rent by 206.4% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,220,109 shares of the real estate investment trust’s stock worth $46,132,000 after acquiring an additional 821,874 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Stock Up 2.4%

AMH opened at $33.26 on Wednesday. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $39.49. The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 2.73 and a beta of 0.75. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.66. The firm has a 50 day moving average price of $34.59 and a 200-day moving average price of $35.99.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. American Homes 4 Rent had a net margin of 23.72% and a return on equity of 5.60%. The firm had revenue of $457.50 million during the quarter, compared to analyst estimates of $451.50 million. During the same quarter in the prior year, the business earned $0.45 earnings per share. American Homes 4 Rent’s revenue for the quarter was up 8.0% on a year-over-year basis. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. Equities research analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, September 15th. American Homes 4 Rent’s payout ratio is presently 108.11%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AMH shares. Morgan Stanley boosted their target price on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the company an “overweight” rating in a report on Tuesday, August 19th. The Goldman Sachs Group lowered shares of American Homes 4 Rent from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $43.00 to $37.00 in a report on Wednesday, September 17th. Evercore ISI lowered their target price on shares of American Homes 4 Rent from $41.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, September 15th. Barclays reduced their price objective on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 12th. Finally, Citigroup downgraded shares of American Homes 4 Rent from a “buy” rating to a “neutral” rating and set a $41.00 price objective for the company. in a research report on Friday, June 6th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $39.83.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.