Dynamic Technology Lab Private Ltd Makes New Investment in American Homes 4 Rent $AMH

Dynamic Technology Lab Private Ltd bought a new stake in American Homes 4 Rent (NYSE:AMHFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,058 shares of the real estate investment trust’s stock, valued at approximately $667,000.

Other hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB boosted its position in shares of American Homes 4 Rent by 10,728.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 751 shares in the last quarter. Parallel Advisors LLC grew its stake in 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 valued at $32,000 after acquiring an additional 442 shares during the last quarter. SJS Investment Consulting Inc. purchased a new position in American Homes 4 Rent during the 3rd quarter valued at about $43,000. Rakuten Investment Management Inc. purchased a new position in American Homes 4 Rent during the 3rd quarter valued at about $47,000. Finally, Avalon Trust Co acquired a new position in American Homes 4 Rent during the third quarter worth about $55,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Scotiabank reduced their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 4th. JPMorgan Chase & Co. cut their price objective on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a research report on Monday, January 12th. The Goldman Sachs Group set a $37.00 target price on American Homes 4 Rent in a research note on Monday, December 15th. Barclays lowered their target price on American Homes 4 Rent from $33.00 to $31.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Citigroup dropped their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, American Homes 4 Rent currently has a consensus rating of “Hold” and an average target price of $35.72.

Check Out Our Latest Report on AMH

Insiders Place Their Bets

In other American Homes 4 Rent news, Director Douglas N. Benham bought 1,200 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was purchased at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the completion of the purchase, the director owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This trade represents a 2.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Goldberg bought 2,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, March 3rd. The shares were acquired at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the transaction, the director directly owned 36,723 shares of the company’s stock, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 6,771 shares of company stock valued at $183,684. Company insiders own 6.01% of the company’s stock.

American Homes 4 Rent Stock Performance

Shares of AMH opened at $29.46 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 4.27 and a beta of 0.80. The company’s 50 day simple moving average is $31.10 and its 200 day simple moving average is $32.13. American Homes 4 Rent has a 1 year low of $28.84 and a 1 year high of $39.49.

American Homes 4 Rent (NYSE:AMHGet Free Report) last released its earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.14). The firm had revenue of $402.93 million during the quarter, compared to analysts’ expectations of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, sell-side analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.5%. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 13th. American Homes 4 Rent’s payout ratio is 101.69%.

American Homes 4 Rent Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Homes 4 Rent (NYSE:AMH)

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