14,682 Shares in American Homes 4 Rent $AMH Purchased by West Family Investments Inc.

West Family Investments Inc. bought a new position in American Homes 4 Rent (NYSE:AMH) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 14,682 shares of the real estate investment trust’s stock, valued at approximately $492,000.

Several other institutional investors also recently bought and sold shares of AMH. Wilmington Savings Fund Society FSB grew its position in shares of American Homes 4 Rent by 10,728.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 751 shares during the period. IFP Advisors Inc lifted its holdings in shares of American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 441 shares during the period. Parallel Advisors LLC boosted its position in shares of American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 442 shares during the last quarter. Prosperity Bancshares Inc acquired a new stake in shares of American Homes 4 Rent in the fourth quarter worth approximately $35,000. Finally, Bessemer Group Inc. grew its holdings in American Homes 4 Rent by 70.3% in the first quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 483 shares during the period. 91.87% of the stock is currently owned by institutional investors and hedge funds.

American Homes 4 Rent Price Performance

Shares of AMH stock opened at $34.35 on Thursday. The firm has a fifty day moving average of $33.52 and a two-hundred day moving average of $31.58. The firm has a market cap of $12.39 billion, a P/E ratio of 27.27, a P/E/G ratio of 6.09 and a beta of 0.79. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $35.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million for the quarter, compared to analysts’ expectations of $466.51 million. During the same quarter last year, the company posted $0.47 earnings per share. The company’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 1.930-1.970 EPS. As a group, research analysts anticipate that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Jefferies Financial Group upgraded American Homes 4 Rent to a “strong-buy” rating in a report on Wednesday, July 22nd. Scotiabank raised their price target on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th. Compass Point assumed coverage on shares of American Homes 4 Rent in a research report on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research report on Monday. Finally, Morgan Stanley reduced their price objective on American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $36.83.

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.