Jupiter Topco LLC Purchases Shares of 203,779 American Homes 4 Rent $AMH

Jupiter Topco LLC purchased a new stake in American Homes 4 Rent (NYSE:AMH) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 203,779 shares of the real estate investment trust’s stock, valued at approximately $6,836,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Hsbc Holdings PLC raised its holdings in shares of American Homes 4 Rent by 10.7% during the second quarter. Hsbc Holdings PLC now owns 830,070 shares of the real estate investment trust’s stock worth $27,881,000 after acquiring an additional 80,256 shares during the period. Jones Financial Companies Lllp boosted its stake in American Homes 4 Rent by 132.3% in the 2nd quarter. Jones Financial Companies Lllp now owns 16,416 shares of the real estate investment trust’s stock worth $560,000 after purchasing an additional 9,348 shares during the period. Allstate Corp increased its holdings in American Homes 4 Rent by 2.4% during the 2nd quarter. Allstate Corp now owns 26,222 shares of the real estate investment trust’s stock worth $879,000 after purchasing an additional 622 shares in the last quarter. Sanctuary Advisors LLC bought a new position in American Homes 4 Rent during the 2nd quarter worth about $707,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at about $404,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on AMH shares. Keefe, Bruyette & Woods boosted their price target on American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price objective for the company in a report on Monday, May 18th. Citigroup reissued a “market outperform” rating on shares of American Homes 4 Rent in a research report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their target price on American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Finally, Barclays upped their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $36.83.

American Homes 4 Rent Price Performance

Shares of AMH stock opened at $33.54 on Monday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The firm’s fifty day moving average price is $33.78 and its two-hundred day moving average price is $31.74. The firm has a market capitalization of $12.09 billion, a P/E ratio of 26.62, a PEG ratio of 6.01 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.13. The company had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, equities analysts predict that American Homes 4 Rent will post 1.9 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.32 annualized dividend and a yield of 3.9%. American Homes 4 Rent’s dividend payout ratio is 104.76%.

Insider Buying and Selling

In related news, Director Jack E. Corrigan purchased 6,000 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was purchased at an average cost of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the purchase, the director directly owned 22,000 shares in the company, valued at $493,240. This trade represents a 37.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 5.70% 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.