Dimensional Fund Advisors LP Sells 19,564 Shares of American Homes 4 Rent $AMH

Dimensional Fund Advisors LP lowered its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 0.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,911,265 shares of the real estate investment trust’s stock after selling 19,564 shares during the period. Dimensional Fund Advisors LP owned about 1.35% of American Homes 4 Rent worth $137,124,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp increased its position in American Homes 4 Rent by 1,103.6% during the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock worth $493,000 after purchasing an additional 11,963 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of American Homes 4 Rent by 3.3% during the second quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock worth $607,000 after buying an additional 537 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of American Homes 4 Rent during the second quarter worth $255,000. Jump Financial LLC bought a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $413,000. Finally, Cerity Partners LLC lifted its stake in shares of American Homes 4 Rent by 5.6% in the 2nd quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock valued at $1,643,000 after acquiring an additional 2,401 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 2,041 shares of the stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director owned 17,000 shares in the company, valued at approximately $400,010. The trade was a 13.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders bought 5,000 shares of company stock worth $117,024. Company insiders own 5.70% of the company’s stock.

Analysts Set New Price Targets

AMH has been the topic of a number of research reports. Compass Point began coverage on American Homes 4 Rent in a research report on Tuesday, April 28th. They set a “buy” rating and a $37.50 price objective on the stock. Raymond James Financial raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target on the stock in a research note on Monday, May 18th. BMO Capital Markets upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price target on the stock in a report on Friday, June 26th. Wells Fargo & Company upped their price objective on American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Royal Bank Of Canada upped their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $36.47.

American Homes 4 Rent Stock Up 0.3%

American Homes 4 Rent stock opened at $33.48 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $36.16. The firm has a 50 day moving average price of $32.96 and a two-hundred day moving average price of $31.27. The firm has a market cap of $12.07 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 4.50 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The firm had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. During the same quarter in the previous year, the company earned $0.46 EPS. The company’s revenue for the quarter 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. Equities analysts predict that American Homes 4 Rent will post 1.88 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.

American Homes 4 Rent Company Profile

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.