Aew Capital Management L P Decreases Stock Position in American Homes 4 Rent $AMH

Aew Capital Management L P lowered its stake in American Homes 4 Rent (NYSE:AMH) by 9.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,873,309 shares of the real estate investment trust’s stock after selling 191,313 shares during the period. American Homes 4 Rent makes up approximately 4.4% of Aew Capital Management L P’s portfolio, making the stock its 11th biggest holding. Aew Capital Management L P’s holdings in American Homes 4 Rent were worth $60,133,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of American Homes 4 Rent by 0.6% in 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 during the period. State Street Corp increased its holdings in shares of American Homes 4 Rent by 2.2% in the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock worth $612,605,000 after buying an additional 399,894 shares during the period. Principal Financial Group Inc. increased its holdings in shares of American Homes 4 Rent by 8.7% in the fourth quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after buying an additional 1,260,717 shares during the period. Centersquare Investment Management LLC increased its holdings in shares of American Homes 4 Rent by 25.9% in the third quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock worth $175,270,000 after buying an additional 1,082,972 shares during the period. Finally, Duff & Phelps Investment Management Co. increased its holdings in shares of American Homes 4 Rent by 8.2% in the fourth quarter. Duff & Phelps Investment Management Co. now owns 4,556,397 shares of the real estate investment trust’s stock worth $146,260,000 after buying an additional 346,960 shares during the period. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Douglas N. Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction on Wednesday, February 25th. The shares were acquired at an average cost of $24.00 per share, with a total value of $37,704.00. Following the transaction, the director owned 43,517 shares in the company, valued at $1,044,408. This trade represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, March 3rd. The shares were bought at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the transaction, the director owned 36,723 shares in the company, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 11,771 shares of company stock valued at $300,708. 5.70% of the stock is currently owned by company insiders.

American Homes 4 Rent Trading Up 1.5%

AMH opened at $32.18 on Thursday. The business has a 50 day simple moving average of $29.88 and a two-hundred day simple moving average of $30.84. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 4.17 and a beta of 0.82. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. American Homes 4 Rent has a one year low of $27.22 and a one year high of $38.76.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. The business had revenue of $472.02 million during the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.American Homes 4 Rent’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 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 1.93 EPS for the current year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, June 15th. American Homes 4 Rent’s payout ratio is presently 107.32%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Barclays lifted their target price on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday, April 27th. Raymond James Financial raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 target price on the stock in a research note on Monday. Keefe, Bruyette & Woods lifted their target price on shares of American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. UBS Group decreased their target price on shares of American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Morgan Stanley decreased their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, March 9th. Nine equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, American Homes 4 Rent currently has an average rating of “Hold” and a consensus price target of $34.94.

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.