Forsta AP Fonden Cuts Stock Position in American Homes 4 Rent $AMH

Forsta AP Fonden reduced its position in American Homes 4 Rent (NYSE:AMH) by 50.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,900 shares of the real estate investment trust’s stock after selling 44,800 shares during the quarter. Forsta AP Fonden’s holdings in American Homes 4 Rent were worth $1,409,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thrivent Financial for Lutherans boosted its holdings in American Homes 4 Rent by 67.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 125,412 shares of the real estate investment trust’s stock valued at $4,170,000 after acquiring an additional 50,587 shares during the period. 12th Street Asset Management Company LLC lifted its holdings in American Homes 4 Rent by 64.3% in the 3rd quarter. 12th Street Asset Management Company LLC now owns 158,081 shares of the real estate investment trust’s stock worth $5,256,000 after buying an additional 61,838 shares during the period. Centersquare Investment Management LLC lifted its holdings in American Homes 4 Rent by 25.9% in the 3rd quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock worth $175,270,000 after buying an additional 1,082,972 shares during the period. Vanguard Group Inc. lifted its holdings in American Homes 4 Rent by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after buying an additional 246,713 shares during the period. Finally, Aew Capital Management L P lifted its holdings in American Homes 4 Rent by 56.0% in the 3rd quarter. Aew Capital Management L P now owns 2,064,622 shares of the real estate investment trust’s stock worth $68,649,000 after buying an additional 741,388 shares during the period. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

American Homes 4 Rent Stock Up 0.7%

AMH stock opened at $32.30 on Thursday. The business has a 50 day moving average of $30.64 and a 200 day moving average of $30.86. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $37.50. The firm has a market cap of $11.65 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 4.22 and a beta of 0.81.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating 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 the consensus estimate of $470.62 million. During the same period last year, the business posted $0.46 EPS. The company’s revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.93 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.1%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 107.32%.

Insider Buying and Selling

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 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, for a total transaction of $48,024.73. Following the purchase, the director owned 17,000 shares in the company, valued at approximately $400,010. This trade represents a 13.64% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders acquired 5,000 shares of company stock worth $117,024. Company insiders own 5.70% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on AMH. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Keefe, Bruyette & Woods increased their target price on American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Weiss Ratings raised American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. UBS Group decreased their target price on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, March 20th. Nine investment analysts have rated the stock with a Buy rating and ten 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 $35.08.

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.