51,838 Shares in American Homes 4 Rent $AMH Purchased by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. acquired a new stake in American Homes 4 Rent (NYSE:AMH) in the second quarter, HoldingsChannel.com reports. The fund acquired 51,838 shares of the real estate investment trust’s stock, valued at approximately $1,738,000.

Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of American Homes 4 Rent in the fourth quarter valued at approximately $710,672,000. Bank of Montreal Can grew its holdings in American Homes 4 Rent by 3,526.2% in the 4th quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock valued at $147,655,000 after buying an additional 4,472,998 shares in the last quarter. Principal Financial Group Inc. grew its holdings in American Homes 4 Rent by 19.8% in the 1st quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock valued at $528,736,000 after buying an additional 3,126,434 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of American Homes 4 Rent by 1,299.8% in the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after acquiring an additional 2,890,263 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC boosted its position in shares of American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock valued at $155,690,000 after acquiring an additional 2,477,585 shares during the last quarter. 91.87% of the stock is owned by hedge funds and other institutional investors.

American Homes 4 Rent Trading Up 0.3%

Shares of AMH stock opened at $33.54 on Friday. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $35.85. The company has a 50 day moving average price of $33.78 and a 200 day moving average price of $31.73. The stock has a market capitalization of $12.09 billion, a P/E ratio of 26.62, a price-to-earnings-growth ratio of 6.01 and a beta of 0.79. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results 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. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The company had revenue of $470.10 million during the quarter, compared to analysts’ expectations of $466.51 million. During the same quarter last year, the company posted $0.47 EPS. The firm’s revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Equities research analysts predict that American Homes 4 Rent will post 1.9 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. American Homes 4 Rent’s payout ratio is presently 104.76%.

Insider Activity at American Homes 4 Rent

In other news, Director Jack E. Corrigan bought 6,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average cost of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the purchase, the director owned 22,000 shares of the company’s stock, valued at approximately $493,240. This represents a 37.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 5.70% of the company’s stock.

Analyst Ratings Changes

AMH has been the subject of a number of analyst reports. UBS Group upped their price objective on shares of American Homes 4 Rent from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $39.00 target price on shares of American Homes 4 Rent in a report on Friday, June 26th. Keefe, Bruyette & Woods increased their price target on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Wall Street Zen raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Citigroup reissued a “market outperform” rating on shares of American Homes 4 Rent in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned 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 target price of $36.83.

About American Homes 4 Rent

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.