Sanctuary Advisors LLC Makes New Investment in American Homes 4 Rent $AMH

Sanctuary Advisors LLC acquired a new position in shares of American Homes 4 Rent (NYSE:AMH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,077 shares of the real estate investment trust’s stock, valued at approximately $707,000.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in American Homes 4 Rent during the fourth quarter worth about $710,672,000. Bank of Montreal Can grew its stake in American Homes 4 Rent by 3,526.2% in the fourth quarter. Bank of Montreal Can now owns 4,599,850 shares of the real estate investment trust’s stock valued at $147,655,000 after purchasing an additional 4,472,998 shares in the last quarter. Principal Financial Group Inc. grew its stake in American Homes 4 Rent by 19.8% in the first quarter. Principal Financial Group Inc. now owns 18,937,398 shares of the real estate investment trust’s stock valued at $528,736,000 after purchasing an additional 3,126,434 shares in the last quarter. AQR Capital Management LLC increased its position in shares of American Homes 4 Rent by 1,299.8% during the 4th quarter. AQR Capital Management LLC now owns 3,112,624 shares of the real estate investment trust’s stock worth $99,915,000 after purchasing an additional 2,890,263 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC increased its position in shares of American Homes 4 Rent by 104.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,850,171 shares of the real estate investment trust’s stock worth $155,690,000 after purchasing an additional 2,477,585 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

Shares of NYSE AMH opened at $33.54 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. The company 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. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $35.85. The stock has a 50 day moving average of $33.78 and a 200-day moving average of $31.73.

American Homes 4 Rent (NYSE:AMH) last posted its quarterly earnings results 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. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The business had revenue of $470.10 million for the quarter, compared to analysts’ expectations of $466.51 million. During the same quarter in the prior year, the business earned $0.47 EPS. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, equities research analysts predict that American Homes 4 Rent will post 1.9 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, September 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.76%.

Analysts Set New Price Targets

AMH has been the subject of several recent analyst reports. Royal Bank Of Canada increased their price objective on American Homes 4 Rent from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. UBS Group boosted their target price on shares of American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Morgan Stanley dropped their price target on shares of American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th. Barclays increased 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 note on Tuesday, July 14th. Finally, Jefferies Financial Group upgraded shares of American Homes 4 Rent to a “strong-buy” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, American Homes 4 Rent has an average rating of “Moderate Buy” and a consensus price target of $36.83.

Insider Activity

In related news, Director Jack E. Corrigan bought 6,000 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average price of $22.42 per share, with a total value of $134,520.00. Following the acquisition, the director owned 22,000 shares of the company’s stock, valued at approximately $493,240. This represents a 37.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.70% of the company’s stock.

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.