Syon Capital LLC Takes Position in American Homes 4 Rent $AMH

Syon Capital LLC acquired a new stake in American Homes 4 Rent (NYSE:AMH) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 22,708 shares of the real estate investment trust’s stock, valued at approximately $729,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in American Homes 4 Rent by 0.6% in the third quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after purchasing an additional 246,713 shares during the period. Norges Bank purchased a new position in American Homes 4 Rent during the 4th quarter worth $710,672,000. State Street Corp increased its holdings in American Homes 4 Rent by 2.2% during 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 purchasing an additional 399,894 shares during the period. Principal Financial Group Inc. increased its holdings in American Homes 4 Rent by 8.7% during 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 purchasing an additional 1,260,717 shares during the period. Finally, Geode Capital Management LLC increased its holdings in American Homes 4 Rent by 2.2% during 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 purchasing an additional 161,676 shares during the period. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Trading Up 2.0%

Shares of NYSE:AMH opened at $33.44 on Wednesday. American Homes 4 Rent has a 12-month low of $27.22 and a 12-month high of $37.10. The business’s fifty day simple moving average is $31.08 and its 200-day simple moving average is $30.89. The company has a market capitalization of $12.06 billion, a PE ratio of 27.19, a P/E/G ratio of 4.31 and a beta of 0.81. 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 (NYSE:AMH) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business’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. As a group, equities research analysts predict that American Homes 4 Rent will post 1.93 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on AMH shares. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price objective on the stock in a report on Monday, May 18th. Weiss Ratings upgraded American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Citizens Jmp reduced 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. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, UBS Group reduced their price objective on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Nine research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, American Homes 4 Rent has an average rating of “Hold” and a consensus target price of $35.08.

Insider Activity

In related news, Director Jack E. Corrigan purchased 2,041 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $400,010. The trade was a 13.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders acquired 5,000 shares of company stock valued at $117,024. 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.