Y Intercept Hong Kong Ltd Takes Position in American Homes 4 Rent $AMH

Y Intercept Hong Kong Ltd acquired a new stake in shares of American Homes 4 Rent (NYSE:AMH) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 247,060 shares of the real estate investment trust’s stock, valued at approximately $6,898,000.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in American Homes 4 Rent by 1,103.6% during the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock valued at $493,000 after acquiring an additional 11,963 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of American Homes 4 Rent by 3.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock worth $607,000 after purchasing an additional 537 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of American Homes 4 Rent during the 2nd quarter worth $255,000. Jump Financial LLC bought a new stake in American Homes 4 Rent during the second quarter valued at about $413,000. Finally, Cerity Partners LLC boosted its position in American Homes 4 Rent by 5.6% during the second quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock valued at $1,643,000 after purchasing an additional 2,401 shares in the last quarter. Institutional investors own 91.87% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jack E. Corrigan bought 2,041 shares of the company’s stock in a transaction on Monday, May 18th. The shares were bought at an average price of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director owned 17,000 shares in the company, valued at approximately $400,010. This trade represents a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have purchased 5,000 shares of company stock worth $117,024. 5.70% of the stock is currently owned by insiders.

American Homes 4 Rent Trading Down 0.1%

American Homes 4 Rent stock opened at $34.03 on Friday. The stock has a 50-day moving average of $32.30 and a two-hundred day moving average of $31.08. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. American Homes 4 Rent has a one year low of $27.22 and a one year high of $36.86. The stock has a market cap of $12.27 billion, a PE ratio of 27.67, a price-to-earnings-growth ratio of 4.60 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The business had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts anticipate that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.33 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

Analyst Ratings Changes

A number of equities analysts have commented on AMH shares. Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a report on Friday, June 26th. UBS Group cut their price objective on shares of American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on shares of American Homes 4 Rent in a research note on Friday, June 26th. 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 for the company in a research report on Monday, May 18th. Finally, Mizuho raised their target price on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.08.

American Homes 4 Rent Company Profile

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.