SG Americas Securities LLC Acquires 31,509 Shares of American Homes 4 Rent $AMH

SG Americas Securities LLC increased its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 19.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 194,184 shares of the real estate investment trust’s stock after purchasing an additional 31,509 shares during the period. SG Americas Securities LLC’s holdings in American Homes 4 Rent were worth $6,233,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in American Homes 4 Rent by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 44,715,728 shares of the real estate investment trust’s stock worth $1,486,798,000 after buying an additional 246,713 shares during the period. State Street Corp boosted its position in shares of American Homes 4 Rent by 2.2% in the third quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after acquiring an additional 399,894 shares during the period. Centersquare Investment Management LLC grew its stake in shares of American Homes 4 Rent by 25.9% in the third quarter. Centersquare Investment Management LLC now owns 5,271,280 shares of the real estate investment trust’s stock worth $175,270,000 after acquiring an additional 1,082,972 shares during the last quarter. Burgundy Asset Management Ltd. grew its stake in shares of American Homes 4 Rent by 4.1% in the second quarter. Burgundy Asset Management Ltd. now owns 4,280,147 shares of the real estate investment trust’s stock worth $154,385,000 after acquiring an additional 168,851 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC increased its position in American Homes 4 Rent by 76.1% during the third quarter. Lasalle Investment Management Securities LLC now owns 2,888,809 shares of the real estate investment trust’s stock worth $96,053,000 after acquiring an additional 1,248,131 shares during the period. Institutional investors own 91.87% of the company’s stock.

Insider Activity

In other news, Director David Goldberg purchased 2,000 shares of the business’s stock in a transaction that occurred on 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 acquisition, the director directly owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Douglas N. Benham purchased 1,200 shares of American Homes 4 Rent stock in a transaction on Monday, March 2nd. The stock was purchased at an average price of $24.20 per share, for a total transaction of $29,040.00. Following the completion of the transaction, the director owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This represents a 2.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 6,771 shares of company stock worth $183,684. 6.01% of the stock is owned by insiders.

American Homes 4 Rent Trading Down 0.2%

Shares of AMH opened at $27.87 on Wednesday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $39.49. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The stock has a 50 day simple moving average of $29.94 and a 200-day simple moving average of $31.36. The stock has a market cap of $10.14 billion, a PE ratio of 23.62, a PEG ratio of 4.03 and a beta of 0.80.

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

American Homes 4 Rent Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a $0.33 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.32 annualized dividend and a dividend yield of 4.7%. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s dividend payout ratio is presently 111.86%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMH. Citizens Jmp reduced their price target on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a report on Monday, February 23rd. Raymond James Financial restated a “market perform” rating on shares of American Homes 4 Rent in a report on Friday, February 27th. UBS Group cut their price objective on shares of American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Royal Bank Of Canada reduced their target price on shares of American Homes 4 Rent from $38.00 to $35.00 and set an “outperform” rating for the company in a research note on Monday, February 23rd. Finally, JPMorgan Chase & Co. decreased their target price on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Seven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $35.21.

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.