Swiss National Bank Has $18.43 Million Stake in American Homes 4 Rent $AMH

Swiss National Bank reduced its stake in shares of American Homes 4 Rent (NYSE:AMH) by 24.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 660,017 shares of the real estate investment trust’s stock after selling 210,500 shares during the period. Swiss National Bank’s holdings in American Homes 4 Rent were worth $18,428,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Commonwealth Equity Services LLC boosted its position in shares of American Homes 4 Rent by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after buying an additional 321 shares during the last quarter. Vanderbilt University raised its position in American Homes 4 Rent by 1.5% in the 1st quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock valued at $653,000 after buying an additional 346 shares during the last quarter. Assetmark Inc. raised its position in American Homes 4 Rent by 7.2% in the 1st quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock valued at $179,000 after buying an additional 431 shares during the last quarter. IFP Advisors Inc lifted its stake in American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 441 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 442 shares in the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan purchased 2,041 shares of the stock in a transaction dated 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 completion of the transaction, the director directly owned 17,000 shares in the company, valued at approximately $400,010. This trade represents a 13.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have bought a total of 5,000 shares of company stock valued at $117,024 in the last three months. 5.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AMH. Wells Fargo & Company upped their target price on shares of American Homes 4 Rent from $34.00 to $36.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft set a $39.00 price target on shares of American Homes 4 Rent in a research report on Friday, June 26th. Royal Bank Of Canada boosted their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price objective for the company in a research report on Friday, June 26th. Finally, Morgan Stanley decreased their price objective on shares of American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating for the company in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $36.47.

American Homes 4 Rent Stock Up 1.0%

Shares of NYSE AMH opened at $33.43 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The stock has a market capitalization of $12.05 billion, a PE ratio of 27.18, a P/E/G ratio of 4.47 and a beta of 0.79. American Homes 4 Rent has a one year low of $27.22 and a one year high of $36.38. The business’s fifty day moving average price is $32.93 and its 200-day moving average price is $31.27.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $472.02 million during the quarter, compared to analyst estimates of $470.62 million. During the same quarter last year, the firm posted $0.46 EPS. The firm’s revenue for the quarter 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, equities research analysts anticipate that American Homes 4 Rent will post 1.88 EPS for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders 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 annualized dividend and a dividend yield of 3.9%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.

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.