Asset Management One Co. Ltd. Boosts Stock Position in American Homes 4 Rent $AMH

Asset Management One Co. Ltd. grew its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 700,417 shares of the real estate investment trust’s stock after purchasing an additional 23,776 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.19% of American Homes 4 Rent worth $23,289,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AMH. Hantz Financial Services Inc. grew its position in American Homes 4 Rent by 922.2% during the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 747 shares during the period. AlphaQuest LLC purchased a new position in American Homes 4 Rent in the second quarter valued at about $33,000. SJS Investment Consulting Inc. bought a new position in shares of American Homes 4 Rent during the 3rd quarter valued at approximately $43,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of American Homes 4 Rent during the 2nd quarter worth approximately $49,000. Finally, Headlands Technologies LLC purchased a new stake in shares of American Homes 4 Rent during the 2nd quarter worth approximately $60,000. 91.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AMH has been the topic of several research analyst reports. Keefe, Bruyette & Woods upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $37.00 price objective on the stock in a research note on Monday, December 15th. Scotiabank lowered their target price on American Homes 4 Rent from $41.00 to $35.00 and set a “sector perform” rating on the stock in a research note on Monday, November 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, October 8th. Wolfe Research raised American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a report on Thursday, October 2nd. Finally, Morgan Stanley lowered their price objective on American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.14.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $31.55 on Tuesday. 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 fifty-two week low of $30.11 and a fifty-two week high of $39.49. The stock has a market cap of $11.71 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 2.85 and a beta of 0.79. The stock has a fifty day moving average of $31.73 and a 200-day moving average of $33.58.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The business had revenue of $478.46 million for the quarter, compared to analysts’ expectations of $475.75 million. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. Equities research analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

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

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Douglas N. Benham acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were bought at an average price of $31.65 per share, for a total transaction of $31,650.00. Following the completion of the transaction, the director owned 7,991 shares of the company’s stock, valued at approximately $252,915.15. This represents a 14.30% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jack E. Corrigan acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average cost of $22.96 per share, with a total value of $114,800.00. Following the purchase, the director directly owned 17,300 shares of the company’s stock, valued at $397,208. This trade represents a 40.65% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 6.01% of the company’s stock.

About American Homes 4 Rent

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.