Centersquare Investment Management LLC Purchases 1,082,972 Shares of American Homes 4 Rent $AMH

Centersquare Investment Management LLC boosted its position in shares of American Homes 4 Rent (NYSE:AMH) by 25.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,271,280 shares of the real estate investment trust’s stock after acquiring an additional 1,082,972 shares during the quarter. American Homes 4 Rent accounts for 1.8% of Centersquare Investment Management LLC’s portfolio, making the stock its 19th biggest holding. Centersquare Investment Management LLC owned 1.42% of American Homes 4 Rent worth $175,270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in shares of 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 valued at $493,000 after purchasing an additional 11,963 shares during the period. AlphaQuest LLC bought a new position in shares of American Homes 4 Rent in the 2nd quarter worth approximately $33,000. Envestnet Asset Management Inc. boosted its holdings in shares of American Homes 4 Rent by 9.1% in the second quarter. Envestnet Asset Management Inc. now owns 406,932 shares of the real estate investment trust’s stock worth $14,635,000 after buying an additional 34,073 shares during the last quarter. Teacher Retirement System of Texas grew its position in American Homes 4 Rent by 54.5% during the second quarter. Teacher Retirement System of Texas now owns 147,511 shares of the real estate investment trust’s stock valued at $5,321,000 after buying an additional 52,053 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in American Homes 4 Rent by 8.6% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 75,500 shares of the real estate investment trust’s stock valued at $2,723,000 after buying an additional 6,000 shares during the period. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Trading Down 0.1%

Shares of American Homes 4 Rent stock opened at $29.82 on Thursday. American Homes 4 Rent has a fifty-two week low of $28.84 and a fifty-two week high of $39.49. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.41 and a current ratio of 0.63. The company has a market capitalization of $11.07 billion, a P/E ratio of 25.27, a P/E/G ratio of 4.26 and a beta of 0.80. The company has a fifty day moving average of $31.38 and a 200 day moving average of $32.42.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). The business had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. American Homes 4 Rent’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, sell-side analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 4.4%. The ex-dividend date is Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s dividend payout ratio is currently 101.69%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Morgan Stanley decreased their price target on shares of American Homes 4 Rent from $41.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, November 13th. The Goldman Sachs Group set a $37.00 price objective on American Homes 4 Rent in a research note on Monday, December 15th. UBS Group decreased their target price on American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. JPMorgan Chase & Co. cut their price target on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Finally, Keefe, Bruyette & Woods reduced their price target on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and a consensus target price of $36.69.

Insider Transactions at American Homes 4 Rent

In related news, Director Jack E. Corrigan acquired 5,000 shares of American Homes 4 Rent stock in a transaction dated Tuesday, December 9th. The shares were purchased at an average price of $22.96 per share, for a total transaction of $114,800.00. Following the completion of the transaction, the director directly owned 17,300 shares in the company, valued at approximately $397,208. This represents a 40.65% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.32% of the stock is currently owned by company insiders.

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.