Ieq Capital LLC Grows Position in American Homes 4 Rent $AMH

Ieq Capital LLC lifted its position in shares of American Homes 4 Rent (NYSE:AMH) by 1,551.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 136,844 shares of the real estate investment trust’s stock after purchasing an additional 128,560 shares during the quarter. Ieq Capital LLC’s holdings in American Homes 4 Rent were worth $4,587,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMH. Wilmington Savings Fund Society FSB lifted its position in American Homes 4 Rent by 10,728.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 751 shares during the period. IFP Advisors Inc boosted its holdings in shares of 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 buying an additional 441 shares in the last quarter. Parallel Advisors LLC grew its position in shares of American Homes 4 Rent by 84.8% in the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 442 shares during the period. Bessemer Group Inc. grew its position in shares of American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 483 shares during the period. Finally, Prosperity Bancshares Inc bought a new position in shares of American Homes 4 Rent in the 4th quarter worth about $35,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on AMH. Jefferies Financial Group raised shares of American Homes 4 Rent to a “strong-buy” rating in a research report on Wednesday, July 22nd. Royal Bank Of Canada upped their price objective on shares of American Homes 4 Rent from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Citigroup reaffirmed a “market outperform” rating on shares of American Homes 4 Rent in a research note on Wednesday, August 5th. Raymond James Financial upgraded 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 report on Monday, May 18th. 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 note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.83.

American Homes 4 Rent Price Performance

AMH opened at $34.36 on Monday. The firm has a market cap of $12.39 billion, a PE ratio of 27.27, a P/E/G ratio of 6.16 and a beta of 0.79. The stock has a 50-day moving average price of $33.57 and a 200-day moving average price of $31.62. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.18 by $0.13. The company had revenue of $470.10 million for 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%. American Homes 4 Rent’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.9 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.33 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.8%. American Homes 4 Rent’s dividend payout ratio is presently 104.76%.

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.