American Homes 4 Rent $AMH Stock Holdings Boosted by Bamco Inc. NY

Bamco Inc. NY increased its position in American Homes 4 Rent (NYSE:AMH) by 7.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,116,846 shares of the real estate investment trust’s stock after acquiring an additional 76,014 shares during the period. Bamco Inc. NY owned approximately 0.30% of American Homes 4 Rent worth $37,135,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB boosted its stake in American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 751 shares during the period. Parallel Advisors LLC increased its stake in shares of American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 442 shares during the period. SJS Investment Consulting Inc. bought a new stake in shares of American Homes 4 Rent during the third quarter valued at approximately $43,000. Rakuten Investment Management Inc. bought a new stake in shares of American Homes 4 Rent during the third quarter valued at approximately $47,000. Finally, Avalon Trust Co acquired a new position in shares of American Homes 4 Rent during the third quarter worth approximately $55,000. 91.87% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AMH has been the subject of a number of recent analyst reports. BMO Capital Markets reissued a “market perform” rating and issued a $37.00 price objective on shares of American Homes 4 Rent in a report on Friday, January 9th. Keefe, Bruyette & Woods cut their target price on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Wall Street Zen lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Sunday, January 18th. Barclays decreased their price target on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Finally, The Goldman Sachs Group set a $37.00 price target on American Homes 4 Rent in a report on Monday, December 15th. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $35.53.

American Homes 4 Rent Price Performance

NYSE AMH opened at $28.37 on Monday. American Homes 4 Rent has a 12 month low of $28.21 and a 12 month 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. The firm has a market capitalization of $10.32 billion, a PE ratio of 24.04, a P/E/G ratio of 4.07 and a beta of 0.80. The company’s 50 day simple moving average is $30.84 and its 200 day simple moving average is $31.94.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.14). The firm had revenue of $402.93 million for the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.American Homes 4 Rent’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities research analysts forecast 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. Stockholders of record on Friday, March 13th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.7%. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 13th. American Homes 4 Rent’s payout ratio is currently 111.86%.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Douglas N. Benham bought 1,200 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This represents a 2.76% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Goldberg bought 2,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the acquisition, the director owned 36,723 shares of the company’s stock, valued at $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders bought 6,771 shares of company stock valued at $183,684. 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.