American Homes 4 Rent $AMH Shares Bought by Entropy Technologies LP

Entropy Technologies LP boosted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 632.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 184,003 shares of the real estate investment trust’s stock after purchasing an additional 158,872 shares during the quarter. Entropy Technologies LP’s holdings in American Homes 4 Rent were worth $5,137,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of AMH. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of American Homes 4 Rent in the first quarter worth about $11,672,000. Arrowstreet Capital Limited Partnership raised its position in American Homes 4 Rent by 83.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,544,892 shares of the real estate investment trust’s stock valued at $98,973,000 after acquiring an additional 1,608,934 shares in the last quarter. Caxton Associates LLP purchased a new position in American Homes 4 Rent during the first quarter valued at approximately $752,000. Inceptionr LLC acquired a new position in American Homes 4 Rent in the first quarter valued at approximately $802,000. Finally, Cetera Investment Advisers lifted its holdings in American Homes 4 Rent by 5.6% in the first quarter. Cetera Investment Advisers now owns 59,134 shares of the real estate investment trust’s stock valued at $1,651,000 after acquiring an additional 3,138 shares during the period. Hedge funds and other institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $33.43 on Friday. The stock has a market capitalization of $12.05 billion, a price-to-earnings ratio of 27.18, a PEG ratio of 4.50 and a beta of 0.79. The stock has a 50-day moving average of $32.93 and a 200 day moving average of $31.27. 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 has a twelve month low of $27.22 and a twelve month high of $36.38.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data 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 company had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. During the same period last year, the company earned $0.46 earnings per share. American Homes 4 Rent’s quarterly 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. Sell-side analysts anticipate that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.33 per share. The ex-dividend date was 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 107.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Keefe, Bruyette & Woods upped their price objective 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. Raymond James Financial raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 target price for the company in a report on Monday, May 18th. Scotiabank boosted their target price on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price target on the stock in a report on Friday, June 26th. Finally, Barclays raised their price target on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.47.

Insider Activity

In related news, Director Jack E. Corrigan purchased 2,041 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average price of $23.53 per share, with a total value of $48,024.73. Following the purchase, the director owned 17,000 shares of the company’s stock, valued at $400,010. The trade was a 13.64% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders purchased 5,000 shares of company stock worth $117,024. Company insiders own 5.70% of the company’s stock.

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.