American Homes 4 Rent $AMH Shares Purchased by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. boosted its holdings in American Homes 4 Rent (NYSE:AMH) by 24.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,292,602 shares of the real estate investment trust’s stock after buying an additional 641,438 shares during the period. Goldman Sachs Group Inc.’s holdings in American Homes 4 Rent were worth $105,693,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake 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 last quarter. Norges Bank acquired a new stake in American Homes 4 Rent in the 4th quarter worth about $710,672,000. State Street Corp boosted its stake in American Homes 4 Rent by 2.2% in the 3rd quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock worth $612,605,000 after buying an additional 399,894 shares during the last quarter. Principal Financial Group Inc. boosted its stake in American Homes 4 Rent by 8.7% in the 4th quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after buying an additional 1,260,717 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in American Homes 4 Rent by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock worth $235,572,000 after buying an additional 161,676 shares during the last quarter. 91.87% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMH has been the topic of a number of research analyst reports. Barclays raised their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday, April 27th. Morgan Stanley cut their price objective on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Royal Bank Of Canada raised their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Citizens Jmp cut their price objective on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating on the stock in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Friday, March 20th. Nine analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $35.08.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock opened at $33.44 on Wednesday. The stock’s 50-day moving average is $31.08 and its 200-day moving average is $30.89. The company has a market cap of $12.06 billion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 4.31 and a beta of 0.81. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $37.10.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The company had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities analysts anticipate that American Homes 4 Rent will post 1.93 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

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

Insider Activity at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 2,041 shares of the company’s stock in a transaction that occurred 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 acquisition, the director owned 17,000 shares in the company, valued at $400,010. This represents a 13.64% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders bought 5,000 shares of company stock worth $117,024. Company insiders own 5.70% of the company’s stock.

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.