Louisiana State Employees Retirement System Takes Position in American Homes 4 Rent $AMH

Louisiana State Employees Retirement System acquired a new stake in shares of American Homes 4 Rent (NYSE:AMH) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 94,500 shares of the real estate investment trust’s stock, valued at approximately $2,638,000.

Other large investors also recently modified their holdings of the company. Norges Bank purchased a new position in shares of American Homes 4 Rent during the fourth quarter valued at approximately $710,672,000. Bank of Montreal Can lifted its position in American Homes 4 Rent by 3,526.2% during the 4th 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 acquiring an additional 4,472,998 shares during the period. AQR Capital Management LLC boosted its position in shares of American Homes 4 Rent by 1,299.8% in 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 in the last quarter. Cbre Investment Management Listed Real Assets LLC grew its stake in shares of American Homes 4 Rent by 104.4% in the fourth 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 acquiring an additional 2,477,585 shares during the last quarter. Finally, M&T Bank Corp increased its stake in American Homes 4 Rent by 21,864.2% during the 4th quarter. M&T Bank Corp now owns 1,774,489 shares of the real estate investment trust’s stock valued at $56,961,000 after purchasing an additional 1,766,410 shares in the last quarter. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $34.05 on Monday. The company has a market cap of $12.28 billion, a P/E ratio of 27.68, a P/E/G ratio of 4.60 and a beta of 0.81. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $36.86. The business’s 50 day moving average price is $31.97 and its 200-day moving average price is $30.97. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping 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 business had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s quarterly 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. Sell-side analysts predict that American Homes 4 Rent will post 1.88 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.33 per share. The ex-dividend date is Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 3.9%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.

Insiders Place Their Bets

In related news, Director Jack E. Corrigan acquired 2,041 shares of the stock in a transaction on Monday, May 18th. The stock was bought at an average cost of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director directly owned 17,000 shares in the company, valued at approximately $400,010. This represents a 13.64% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders have bought 5,000 shares of company stock worth $117,024. Company insiders own 5.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Compass Point started coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They set a “buy” rating and a $37.50 target price on the stock. Citigroup decreased their price target on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on American Homes 4 Rent in a research report on Friday. Weiss Ratings upgraded shares of American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, Morgan Stanley cut their price target on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating for the company in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $36.08.

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.