Ceredex Value Advisors LLC Sells 188,700 Shares of American Homes 4 Rent $AMH

Ceredex Value Advisors LLC cut its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 25.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 540,600 shares of the real estate investment trust’s stock after selling 188,700 shares during the quarter. Ceredex Value Advisors LLC’s holdings in American Homes 4 Rent were worth $17,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB boosted its holdings in shares of American Homes 4 Rent by 10,728.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 751 shares during the last quarter. Parallel Advisors LLC increased its holdings in American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 442 shares during the last quarter. SJS Investment Consulting Inc. bought a new stake in American Homes 4 Rent in the third quarter worth about $43,000. Rakuten Investment Management Inc. bought a new stake in American Homes 4 Rent in the third quarter worth about $47,000. Finally, Avalon Trust Co purchased a new position in American Homes 4 Rent in the third quarter valued at about $55,000. 91.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on AMH. Weiss Ratings reiterated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Morgan Stanley lowered their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday. The Goldman Sachs Group set a $37.00 price objective on American Homes 4 Rent in a research note on Monday, December 15th. Citigroup reduced their price objective on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a report on Monday, March 2nd. Finally, Royal Bank Of Canada decreased their target price on American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, February 23rd. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $35.72.

American Homes 4 Rent Price Performance

Shares of NYSE:AMH opened at $29.46 on Tuesday. The firm has a market capitalization of $10.72 billion, a PE ratio of 24.97, a P/E/G ratio of 4.27 and a beta of 0.80. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average price of $31.10 and a two-hundred day moving average price of $32.13. American Homes 4 Rent has a twelve month low of $28.84 and a twelve month high of $39.49.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). The business had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s payout ratio is presently 101.69%.

Insiders Place Their Bets

In related news, Director David Goldberg purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average cost of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director directly owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Douglas N. Benham purchased 1,200 shares of American Homes 4 Rent stock in a transaction dated Monday, March 2nd. The stock was bought at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the transaction, the director owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This represents a 2.76% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 6,771 shares of company stock worth $183,684 in the last three months. Insiders own 6.01% 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.