Corient Private Wealth LP Boosts Position in American Homes 4 Rent $AMH

Corient Private Wealth LP boosted its holdings in American Homes 4 Rent (NYSE:AMH) by 20.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 483,935 shares of the real estate investment trust’s stock after buying an additional 82,497 shares during the period. Corient Private Wealth LP’s holdings in American Homes 4 Rent were worth $16,222,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB raised its stake 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 valued at $25,000 after acquiring an additional 751 shares during the period. IFP Advisors Inc boosted its position in 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 purchasing an additional 441 shares during the period. Parallel Advisors LLC boosted its position in American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares during the period. Bessemer Group Inc. increased its holdings in American Homes 4 Rent by 70.3% in the 1st 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 in the last quarter. Finally, Prosperity Bancshares Inc acquired a new stake in American Homes 4 Rent in the 4th quarter valued at $35,000. 91.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on AMH shares. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Monday, August 17th. UBS Group increased their target price on American Homes 4 Rent from $32.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Barclays raised their target price on American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $39.00 price target on American Homes 4 Rent in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, American Homes 4 Rent currently has an average rating of “Moderate Buy” and an average target price of $36.83.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $33.54 on Friday. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month 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. The firm has a market capitalization of $12.09 billion, a P/E ratio of 26.62, a P/E/G ratio of 5.99 and a beta of 0.79. The company’s fifty day moving average price is $33.78 and its two-hundred day moving average price is $31.73.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. The company had revenue of $470.10 million during the quarter, compared to analysts’ expectations of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, research analysts anticipate that American Homes 4 Rent will post 1.9 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. American Homes 4 Rent’s dividend payout ratio is currently 104.76%.

Insiders Place Their Bets

In other American Homes 4 Rent news, Director Jack E. Corrigan acquired 6,000 shares of the stock in a transaction on Monday, August 24th. The stock was purchased at an average price of $22.42 per share, for a total transaction of $134,520.00. Following the purchase, the director directly owned 22,000 shares in the company, valued at $493,240. This trade represents a 37.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.70% of the stock is currently owned by company insiders.

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.