Swedbank AB Has $16.05 Million Stake in American Homes 4 Rent $AMH

Swedbank AB trimmed its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 13.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500,000 shares of the real estate investment trust’s stock after selling 78,438 shares during the period. Swedbank AB’s holdings in American Homes 4 Rent were worth $16,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in American Homes 4 Rent by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock valued at $1,486,798,000 after purchasing an additional 246,713 shares in the last quarter. State Street Corp increased its holdings in American Homes 4 Rent by 2.2% during the 3rd quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after purchasing an additional 399,894 shares in the last quarter. Principal Financial Group Inc. increased its holdings in American Homes 4 Rent by 8.7% during the 4th quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock valued at $507,532,000 after purchasing an additional 1,260,717 shares in the last quarter. Centersquare Investment Management LLC increased its holdings in American Homes 4 Rent by 25.9% during the 3rd quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock valued at $175,270,000 after purchasing an additional 1,082,972 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. increased its holdings in American Homes 4 Rent by 8.2% during the 4th quarter. Duff & Phelps Investment Management Co. now owns 4,556,397 shares of the real estate investment trust’s stock valued at $146,260,000 after purchasing an additional 346,960 shares in the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at American Homes 4 Rent

In related news, Director Douglas N. Benham purchased 1,571 shares of American Homes 4 Rent stock in a transaction dated Wednesday, February 25th. The shares were acquired at an average cost of $24.00 per share, for a total transaction of $37,704.00. Following the transaction, the director directly owned 43,517 shares of the company’s stock, valued at approximately $1,044,408. This trade represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director David Goldberg purchased 2,000 shares of American Homes 4 Rent stock in a transaction dated Tuesday, March 3rd. The stock was bought 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 in the company, valued at $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 6,771 shares of company stock worth $183,684 over the last 90 days. 5.70% of the stock is owned by corporate insiders.

American Homes 4 Rent Stock Down 1.2%

NYSE:AMH opened at $32.03 on Friday. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $39.01. The company has a quick ratio of 0.63, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $11.65 billion, a P/E ratio of 26.04, a P/E/G ratio of 4.68 and a beta of 0.82. The stock’s fifty day simple moving average is $29.57 and its 200-day simple moving average is $30.92.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) 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 business had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. During the same period last year, the company earned $0.46 EPS. The firm’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. Equities research analysts expect that American Homes 4 Rent will post 1.92 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a $0.33 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.32 annualized dividend and a dividend yield of 4.1%. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s dividend payout ratio is 107.32%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft decreased their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, March 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Wednesday, January 21st. Compass Point assumed coverage on American Homes 4 Rent in a research report on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price objective on the stock. Raymond James Financial reiterated a “market perform” rating on shares of American Homes 4 Rent in a research report on Friday, February 27th. Finally, Wells Fargo & Company decreased their price objective on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Eight research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $34.94.

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.