First Trust Advisors LP Raises Position in American Homes 4 Rent $AMH

First Trust Advisors LP boosted its holdings in American Homes 4 Rent (NYSE:AMH) by 11.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,313,880 shares of the real estate investment trust’s stock after purchasing an additional 131,373 shares during the period. First Trust Advisors LP’s holdings in American Homes 4 Rent were worth $36,684,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB grew its stake in shares of 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 last quarter. IFP Advisors Inc grew its position 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 worth $26,000 after acquiring an additional 441 shares during the last quarter. Parallel Advisors LLC increased 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 worth $32,000 after purchasing an additional 442 shares during the period. Bessemer Group Inc. increased its stake in 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 purchasing an additional 483 shares during the period. Finally, Prosperity Bancshares Inc bought a new stake in American Homes 4 Rent in the fourth quarter valued at approximately $35,000. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Mizuho increased their price objective on American Homes 4 Rent from $29.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. Weiss Ratings upgraded shares of American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Royal Bank Of Canada increased their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Compass Point began coverage on shares of 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. Finally, 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 note on Friday, June 26th. One research 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 stock. Based on data from MarketBeat.com, American Homes 4 Rent presently has an average rating of “Moderate Buy” and a consensus target price of $36.47.

American Homes 4 Rent Stock Up 0.3%

Shares of NYSE AMH opened at $33.48 on Tuesday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $36.16. The firm has a market capitalization of $12.07 billion, a PE ratio of 27.22, a price-to-earnings-growth ratio of 4.50 and a beta of 0.79. The firm has a fifty day simple moving average of $32.96 and a two-hundred day simple moving average of $31.27.

American Homes 4 Rent (NYSE:AMH) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. The firm had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities analysts expect that American Homes 4 Rent will post 1.88 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.33 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.32 annualized dividend and a yield of 3.9%. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

Insider Buying and Selling

In other news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction on Monday, May 18th. The shares were acquired at an average cost of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director owned 17,000 shares in the company, valued at $400,010. The trade was a 13.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have bought 5,000 shares of company stock valued at $117,024 in the last ninety days. Company insiders own 5.70% of the company’s stock.

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.