Aptus Capital Advisors LLC Buys 22,718 Shares of American Homes 4 Rent $AMH

Aptus Capital Advisors LLC raised its position in American Homes 4 Rent (NYSE:AMH) by 14.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 174,759 shares of the real estate investment trust’s stock after acquiring an additional 22,718 shares during the period. Aptus Capital Advisors LLC’s holdings in American Homes 4 Rent were worth $5,811,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in American Homes 4 Rent by 0.6% during the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after buying an additional 246,713 shares in the last quarter. Norges Bank bought a new position in shares of American Homes 4 Rent during the 2nd quarter worth about $796,706,000. Geode Capital Management LLC lifted its holdings in shares of American Homes 4 Rent by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 6,964,813 shares of the real estate investment trust’s stock worth $250,566,000 after acquiring an additional 31,179 shares during the period. Centersquare Investment Management LLC boosted its position in shares of American Homes 4 Rent by 25.9% during the 3rd quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock valued at $175,270,000 after acquiring an additional 1,082,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of American Homes 4 Rent by 1.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 4,421,478 shares of the real estate investment trust’s stock valued at $159,483,000 after acquiring an additional 54,618 shares in the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at American Homes 4 Rent

In related news, Director Douglas N. Benham purchased 1,571 shares of American Homes 4 Rent stock in a transaction that occurred on Wednesday, February 25th. The shares were acquired at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the transaction, the director directly owned 43,517 shares in the company, valued at approximately $1,044,408. This represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director David Goldberg acquired 2,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were bought at an average cost of $29.17 per share, for a total transaction of $58,340.00. Following the acquisition, the director owned 34,723 shares in the company, valued at approximately $1,012,869.91. The trade was a 6.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 9,771 shares of company stock valued at $239,884 over the last ninety days. 6.32% of the stock is owned by insiders.

American Homes 4 Rent Stock Down 0.2%

NYSE AMH opened at $29.94 on Friday. The firm has a market cap of $10.89 billion, a PE ratio of 25.37, a price-to-earnings-growth ratio of 4.27 and a beta of 0.80. American Homes 4 Rent has a one year low of $28.84 and a one year high of $39.49. The stock’s 50 day simple moving average is $31.15 and its 200 day simple moving average is $32.19. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). The business had revenue of $402.93 million during 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%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, sell-side analysts forecast 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. Investors of record on Friday, March 13th will be issued a $0.33 dividend. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, March 13th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 101.69%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Wells Fargo & Company dropped their price target on shares of American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Thursday. Barclays cut their target price on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday. Royal Bank Of Canada lowered their price target on American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, February 23rd. JPMorgan Chase & Co. cut their price objective 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, Citigroup reduced their target price on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $35.78.

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.