Fox Run Management L.L.C. Makes New $914,000 Investment in American Homes 4 Rent $AMH

Fox Run Management L.L.C. bought a new position in shares of American Homes 4 Rent (NYSE:AMH) during the 4th quarter, Holdings Channel.com reports. The firm bought 28,470 shares of the real estate investment trust’s stock, valued at approximately $914,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB lifted its holdings in American Homes 4 Rent by 10,728.6% during 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 period. IFP Advisors Inc lifted its holdings 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 buying an additional 441 shares during the period. True Wealth Design LLC lifted its holdings in American Homes 4 Rent by 230.8% during the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 577 shares during the period. Parallel Advisors LLC lifted its holdings 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 buying an additional 442 shares during the period. Finally, V Square Quantitative Management LLC acquired a new position in American Homes 4 Rent during the 4th quarter worth about $37,000. 91.87% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction dated Monday, May 18th. The shares were bought at an average cost of $23.53 per share, with a total value of $48,024.73. Following the completion of the transaction, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders purchased 5,000 shares of company stock worth $117,024. 5.70% of the stock is currently owned by corporate insiders.

American Homes 4 Rent Trading Down 0.6%

AMH opened at $33.26 on Thursday. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $37.10. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. The company has a market cap of $11.99 billion, a P/E ratio of 27.04, a price-to-earnings-growth ratio of 4.41 and a beta of 0.81. The company has a fifty day moving average price of $31.18 and a two-hundred day moving average price of $30.90.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The firm had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. During the same period in the previous year, the firm posted $0.46 earnings per share. 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. Analysts predict that American Homes 4 Rent will post 1.93 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is 107.32%.

Analysts Set New Price Targets

AMH has been the topic of several recent research reports. Citigroup cut their target price on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft dropped their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, March 20th. Wells Fargo & Company boosted their price objective on American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Royal Bank Of Canada boosted their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Nine research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, American Homes 4 Rent presently has an average rating of “Hold” and an average target price of $35.08.

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.