Swedbank AB Has $19.23 Million Holdings in American Homes 4 Rent $AMH

Swedbank AB raised its stake in American Homes 4 Rent (NYSE:AMH) by 8.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 578,438 shares of the real estate investment trust’s stock after purchasing an additional 44,769 shares during the period. Swedbank AB’s holdings in American Homes 4 Rent were worth $19,233,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AMH. Alyeska Investment Group L.P. increased its holdings in shares of American Homes 4 Rent by 50.6% during the 1st quarter. Alyeska Investment Group L.P. now owns 2,995,393 shares of the real estate investment trust’s stock worth $113,256,000 after purchasing an additional 1,006,133 shares during the period. Amundi grew its position in American Homes 4 Rent by 6.1% during the first quarter. Amundi now owns 581,454 shares of the real estate investment trust’s stock worth $21,618,000 after buying an additional 33,594 shares in the last quarter. Gotham Asset Management LLC increased its stake in American Homes 4 Rent by 16.7% during the first quarter. Gotham Asset Management LLC now owns 616,790 shares of the real estate investment trust’s stock valued at $23,321,000 after acquiring an additional 88,358 shares during the period. Nissay Asset Management Corp Japan ADV raised its holdings in American Homes 4 Rent by 1.9% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 86,978 shares of the real estate investment trust’s stock valued at $3,289,000 after acquiring an additional 1,628 shares in the last quarter. Finally, UniSuper Management Pty Ltd lifted its position in shares of American Homes 4 Rent by 0.4% in the 1st quarter. UniSuper Management Pty Ltd now owns 101,600 shares of the real estate investment trust’s stock worth $3,841,000 after acquiring an additional 400 shares during the period. Institutional investors own 91.87% of the company’s stock.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 5,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, December 9th. The shares were bought at an average price of $22.96 per share, with a total value of $114,800.00. Following the completion of the purchase, the director owned 17,300 shares in the company, valued at $397,208. This trade represents a 40.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Douglas N. Benham bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were acquired at an average price of $31.65 per share, for a total transaction of $31,650.00. Following the acquisition, the director directly owned 7,991 shares of the company’s stock, valued at approximately $252,915.15. The trade was a 14.30% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 6.32% of the stock is owned by insiders.

American Homes 4 Rent Stock Up 0.2%

Shares of NYSE:AMH opened at $31.90 on Friday. American Homes 4 Rent has a 52 week low of $30.11 and a 52 week high of $39.49. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.41 and a current ratio of 0.41. The company’s fifty day moving average is $31.88 and its 200-day moving average is $33.80. The company has a market capitalization of $11.84 billion, a PE ratio of 27.03, a P/E/G ratio of 2.99 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The business had revenue of $478.46 million during the quarter, compared to analysts’ expectations of $475.75 million. American Homes 4 Rent had a net margin of 24.70% and a return on equity of 5.90%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.44 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. Equities research analysts predict that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, December 15th. American Homes 4 Rent’s payout ratio is presently 101.69%.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMH. Wall Street Zen lowered American Homes 4 Rent from a “hold” rating to a “sell” rating in a report on Sunday, December 21st. Mizuho decreased their price target on shares of American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 21st. Evercore ISI lowered their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating on the stock in a report on Friday, October 31st. Keefe, Bruyette & Woods raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $37.00 price objective for the company in a report on Monday, December 15th. Finally, Barclays decreased their target price on shares of American Homes 4 Rent from $39.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.14.

American Homes 4 Rent 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.