UBS Group AG decreased its holdings in American Homes 4 Rent (NYSE:AMH – Free Report) by 15.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,014,804 shares of the real estate investment trust’s stock after selling 189,824 shares during the period. UBS Group AG’s holdings in American Homes 4 Rent were worth $32,575,000 as of its most recent SEC filing.
Other institutional investors have also recently 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 purchasing an additional 751 shares in the last quarter. True Wealth Design LLC boosted its position in shares of American Homes 4 Rent by 230.8% in the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of 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 in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of American Homes 4 Rent in the 4th quarter worth $37,000. Finally, CIBC Private Wealth Group LLC boosted its position in shares of American Homes 4 Rent by 4,356.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 1,307 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.
Insider Activity at American Homes 4 Rent
In other news, Director David Goldberg acquired 2,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was bought at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the purchase, the director owned 36,723 shares in the company, valued at approximately $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Douglas N. Benham acquired 1,200 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director owned 44,717 shares in the company, valued at $1,082,151.40. This represents a 2.76% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 6,771 shares of company stock valued at $183,684. 5.70% of the stock is owned by company insiders.
American Homes 4 Rent Trading Down 1.2%
American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 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 company had revenue of $472.02 million during the quarter, compared to analyst estimates of $470.62 million. During the same period in the previous year, the business earned $0.46 EPS. American Homes 4 Rent’s quarterly 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. On average, sell-side analysts predict that American Homes 4 Rent will post 1.92 EPS for the current fiscal year.
American Homes 4 Rent Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.33 per share. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, March 13th. This represents a $1.32 annualized dividend and a yield of 4.1%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.
Analyst Ratings Changes
A number of analysts have recently weighed in on AMH shares. Mizuho lowered their price objective on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. JPMorgan Chase & Co. lowered 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. Deutsche Bank Aktiengesellschaft dropped their price target on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, March 20th. BMO Capital Markets reiterated a “market perform” rating and set a $37.00 price target on shares of American Homes 4 Rent in a research note on Friday, January 9th. Finally, Keefe, Bruyette & Woods reduced their price target on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $34.94.
Get Our Latest Research Report on American Homes 4 Rent
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.
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