American Homes 4 Rent $AMH Shares Sold by Aew Capital Management L P

Aew Capital Management L P decreased its position in American Homes 4 Rent (NYSE:AMH) by 6.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,323,234 shares of the real estate investment trust’s stock after selling 87,127 shares during the period. American Homes 4 Rent comprises approximately 2.5% of Aew Capital Management L P’s portfolio, making the stock its 11th biggest holding. Aew Capital Management L P owned 0.36% of American Homes 4 Rent worth $47,729,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of American Homes 4 Rent by 15.2% in the first quarter. JPMorgan Chase & Co. now owns 15,899,721 shares of the real estate investment trust’s stock worth $601,169,000 after acquiring an additional 2,094,497 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in American Homes 4 Rent by 0.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,366,860 shares of the real estate investment trust’s stock valued at $165,111,000 after acquiring an additional 32,825 shares during the period. Northern Trust Corp increased its position in American Homes 4 Rent by 2.0% during the 1st quarter. Northern Trust Corp now owns 4,268,625 shares of the real estate investment trust’s stock worth $161,397,000 after purchasing an additional 85,084 shares in the last quarter. Burgundy Asset Management Ltd. increased its position in shares of American Homes 4 Rent by 6.9% in the first quarter. Burgundy Asset Management Ltd. now owns 4,111,296 shares of the real estate investment trust’s stock worth $155,448,000 after acquiring an additional 266,744 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of American Homes 4 Rent by 21.8% during the first quarter. Goldman Sachs Group Inc. now owns 3,883,018 shares of the real estate investment trust’s stock worth $146,817,000 after purchasing an additional 695,500 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Down 1.5%

American Homes 4 Rent stock opened at $31.59 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.41 and a current ratio of 0.41. American Homes 4 Rent has a one year low of $31.01 and a one year high of $39.49. The company has a 50-day simple moving average of $33.19 and a 200-day simple moving average of $35.32. The firm has a market capitalization of $11.72 billion, a P/E ratio of 26.77, a P/E/G ratio of 2.85 and a beta of 0.75.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. American Homes 4 Rent had a net margin of 24.70% and a return on equity of 5.90%. The firm had revenue of ($916.78) million during the quarter, compared to analyst estimates of $475.75 million. During the same period in the previous year, the business posted $0.44 EPS. American Homes 4 Rent’s revenue was up 7.5% on a year-over-year basis. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. As a group, equities analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Monday, December 15th. American Homes 4 Rent’s dividend payout ratio is 101.69%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Mizuho cut their price objective on shares of American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Tuesday, October 21st. Keefe, Bruyette & Woods cut their price target on American Homes 4 Rent from $40.00 to $37.00 and set a “market perform” rating on the stock in a research note on Wednesday. Wall Street Zen cut American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Wells Fargo & Company decreased their price target on shares of American Homes 4 Rent from $39.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday, October 13th. Finally, Wolfe Research raised shares of American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 target price for the company in a research report on Thursday, October 2nd. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $39.07.

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.