Versor Investments LP Takes $443,000 Position in American Homes 4 Rent $AMH

Versor Investments LP acquired a new position in shares of American Homes 4 Rent (NYSE:AMH) during the second quarter, HoldingsChannel.com reports. The firm acquired 12,273 shares of the real estate investment trust’s stock, valued at approximately $443,000.

A number of other institutional investors have also recently added to or reduced their stakes in AMH. Hantz Financial Services Inc. lifted its position in American Homes 4 Rent by 922.2% during the second quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 747 shares in the last quarter. AlphaQuest LLC purchased a new position in American Homes 4 Rent during the second quarter worth approximately $33,000. Pandora Wealth Inc. purchased a new position in American Homes 4 Rent during the first quarter worth approximately $38,000. SVB Wealth LLC purchased a new position in American Homes 4 Rent during the first quarter worth approximately $42,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in American Homes 4 Rent during the second quarter worth approximately $49,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Price Performance

AMH stock opened at $32.16 on Wednesday. The business has a fifty day moving average of $33.34 and a two-hundred day moving average of $35.37. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.62. The stock has a market cap of $11.93 billion, a price-to-earnings ratio of 27.25, a price-to-earnings-growth ratio of 2.90 and a beta of 0.75. American Homes 4 Rent has a 52-week low of $31.01 and a 52-week high of $39.49.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. American Homes 4 Rent had a return on equity of 5.90% and a net margin of 24.70%.The business had revenue of ($916.78) million during the quarter, compared to analysts’ expectations of $475.75 million. During the same period in the previous year, the firm posted $0.44 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. As a group, research analysts anticipate that American Homes 4 Rent will post 1.85 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.7%. American Homes 4 Rent’s payout ratio is presently 101.69%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AMH shares. Mizuho reduced their price objective on American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 21st. Wall Street Zen downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research report on Saturday. Wells Fargo & Company reduced their price objective on American Homes 4 Rent from $39.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, October 13th. Morgan Stanley raised their target price on American Homes 4 Rent from $40.50 to $41.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 19th. Finally, The Goldman Sachs Group cut American Homes 4 Rent from a “buy” rating to a “neutral” rating and cut their target price for the stock from $43.00 to $37.00 in a research note on Wednesday, September 17th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $39.29.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.