74,053 Shares in American Homes 4 Rent $AMH Purchased by Horizon Investments LLC

Horizon Investments LLC acquired a new position in American Homes 4 Rent (NYSE:AMH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 74,053 shares of the real estate investment trust’s stock, valued at approximately $2,377,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMH. Danske Bank A S boosted its holdings in American Homes 4 Rent by 87.0% during the fourth quarter. Danske Bank A S now owns 509,247 shares of the real estate investment trust’s stock worth $16,347,000 after buying an additional 236,883 shares during the last quarter. New York State Teachers Retirement System boosted its holdings in American Homes 4 Rent by 0.5% during the fourth quarter. New York State Teachers Retirement System now owns 133,368 shares of the real estate investment trust’s stock worth $4,281,000 after buying an additional 605 shares during the last quarter. Safe Harbor Family Capital LLC bought a new position in American Homes 4 Rent during the fourth quarter worth about $307,000. M&T Bank Corp boosted its holdings in American Homes 4 Rent by 386.9% during the fourth quarter. M&T Bank Corp now owns 39,333 shares of the real estate investment trust’s stock worth $1,262,000 after buying an additional 31,254 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in American Homes 4 Rent by 5.4% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 11,057 shares of the real estate investment trust’s stock worth $355,000 after buying an additional 567 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMH has been the topic of a number of recent analyst reports. Barclays raised their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday, April 27th. Scotiabank reduced their target price on American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 4th. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a report on Wednesday, January 21st. Compass Point started coverage on American Homes 4 Rent in a report on Tuesday, April 28th. They set a “buy” rating and a $37.50 price objective on the stock. Finally, UBS Group cut their price objective on American Homes 4 Rent from $38.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Eight analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, American Homes 4 Rent currently has an average rating of “Hold” and a consensus target price of $35.39.

Insider Activity at American Homes 4 Rent

In other news, Director David Goldberg bought 2,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the purchase, the director owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. The trade was a 5.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Douglas N. Benham purchased 1,200 shares of the stock in a transaction on Monday, March 2nd. The shares were bought at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the transaction, the director directly owned 44,717 shares in the company, valued at approximately $1,082,151.40. The trade was a 2.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 6,771 shares of company stock worth $183,684 in the last 90 days. Company insiders own 5.70% of the company’s stock.

American Homes 4 Rent Trading Up 0.9%

NYSE AMH opened at $32.27 on Wednesday. The stock has a market capitalization of $11.74 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 4.61 and a beta of 0.82. The stock’s 50 day moving average price is $29.46 and its two-hundred day moving average price is $30.92. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.63 and a current ratio of 0.63. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $39.07.

American Homes 4 Rent (NYSE:AMH) last released 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). The firm had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, analysts anticipate that American Homes 4 Rent will post 1.92 earnings per share 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. Shareholders of record on Friday, March 13th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 4.1%. The ex-dividend date was Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 111.86%.

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.