Strs Ohio Has $7.91 Million Stake in American Homes 4 Rent $AMH

Strs Ohio raised its stake in shares of American Homes 4 Rent (NYSE:AMH) by 50.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 246,263 shares of the real estate investment trust’s stock after purchasing an additional 82,615 shares during the period. Strs Ohio’s holdings in American Homes 4 Rent were worth $7,905,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in AMH. Wilmington Savings Fund Society FSB boosted 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 worth $25,000 after buying an additional 751 shares during the last quarter. True Wealth Design LLC boosted its stake in shares of American Homes 4 Rent by 230.8% in 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 last quarter. Parallel Advisors LLC boosted its stake in shares of American Homes 4 Rent by 84.8% in 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 last quarter. V Square Quantitative Management LLC purchased a new position in shares of American Homes 4 Rent in the 4th quarter worth approximately $37,000. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of American Homes 4 Rent by 4,356.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 1,307 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Trading Up 0.1%

NYSE:AMH opened at $31.97 on Tuesday. 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 market capitalization of $11.63 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 4.61 and a beta of 0.82. The firm’s 50 day moving average is $29.40 and its 200 day moving average is $30.92. American Homes 4 Rent has a 12 month low of $27.22 and a 12 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 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.14). The company had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts expect that American Homes 4 Rent will post 1.92 earnings per share for the current year.

American Homes 4 Rent Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.33 dividend. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.1%. American Homes 4 Rent’s payout ratio is presently 111.86%.

Insider Buying and Selling

In related news, Director Douglas N. Benham purchased 1,200 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were bought at an average price of $24.20 per share, with a total value of $29,040.00. Following the acquisition, the director owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This trade represents a 2.76% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David Goldberg bought 2,000 shares of the stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the acquisition, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 6,771 shares of company stock worth $183,684 in the last ninety days. 5.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AMH has been the topic of a number of research analyst reports. Morgan Stanley cut their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, March 9th. Keefe, Bruyette & Woods cut their target price on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Mizuho cut their target price on American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. UBS Group cut their target price on American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft cut their target price 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. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Homes 4 Rent has an average rating of “Hold” and a consensus price target of $35.39.

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.