First Trust Advisors LP Raises Stock Position in American Homes 4 Rent $AMH

First Trust Advisors LP boosted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 3.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,165,469 shares of the real estate investment trust’s stock after acquiring an additional 35,860 shares during the period. First Trust Advisors LP owned about 0.31% of American Homes 4 Rent worth $38,752,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB increased its stake in shares of American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 751 shares in the last quarter. SJS Investment Consulting Inc. purchased a new position in American Homes 4 Rent in the 3rd quarter valued at about $43,000. Rakuten Investment Management Inc. acquired a new stake in American Homes 4 Rent in the 3rd quarter worth about $47,000. Avalon Trust Co acquired a new stake in American Homes 4 Rent in the 3rd quarter worth about $55,000. Finally, Headlands Technologies LLC purchased a new stake in American Homes 4 Rent during the 2nd quarter worth approximately $60,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at American Homes 4 Rent

In other news, Director Douglas N. Benham bought 1,571 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of $24.00 per share, for a total transaction of $37,704.00. Following the acquisition, the director directly owned 43,517 shares of the company’s stock, valued at $1,044,408. This trade represents a 3.75% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David Goldberg purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average price of $29.30 per share, with a total value of $58,600.00. Following the acquisition, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 6,771 shares of company stock worth $183,684 over the last ninety days. 6.32% of the stock is owned by insiders.

American Homes 4 Rent Trading Down 1.0%

Shares of American Homes 4 Rent stock opened at $28.58 on Friday. The stock has a market cap of $10.40 billion, a P/E ratio of 24.22, a P/E/G ratio of 4.14 and a beta of 0.80. The stock’s 50 day simple moving average is $30.91 and its 200-day simple moving average is $32.04. American Homes 4 Rent has a 1-year low of $28.55 and a 1-year high of $39.49. 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 announced its quarterly earnings data 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 company had revenue of $402.93 million for the quarter, compared to analysts’ expectations of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $0.33 per share. The ex-dividend date is Friday, March 13th. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 4.6%. American Homes 4 Rent’s dividend payout ratio (DPR) is 101.69%.

Analyst Ratings Changes

A number of equities analysts have commented on AMH shares. Mizuho restated a “neutral” rating and issued a $32.00 target price (down from $33.00) on shares of American Homes 4 Rent in a research report on Thursday, January 8th. BMO Capital Markets reiterated a “market perform” rating and set a $37.00 price target on shares of American Homes 4 Rent in a research report on Friday, January 9th. Morgan Stanley reduced their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday. Keefe, Bruyette & Woods decreased their price objective on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lowered their target price on shares of American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Seven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $35.72.

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.