UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 23,196 Shares of American Homes 4 Rent $AMH

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,129,337 shares of the real estate investment trust’s stock after selling 23,196 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in American Homes 4 Rent were worth $71,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMH. Norges Bank purchased a new position in shares of American Homes 4 Rent in the fourth quarter worth about $710,672,000. Principal Financial Group Inc. lifted its stake in shares of American Homes 4 Rent by 19.8% during the 1st 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 buying an additional 3,126,434 shares in the last quarter. State Street Corp lifted its stake in shares of American Homes 4 Rent by 2.2% during the 3rd quarter. State Street Corp now owns 18,424,196 shares of the real estate investment trust’s stock valued at $612,605,000 after buying an additional 399,894 shares in the last quarter. Geode Capital Management LLC boosted its holdings in American Homes 4 Rent by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 7,355,760 shares of the real estate investment trust’s stock worth $235,572,000 after buying an additional 161,676 shares during the period. Finally, Invesco Ltd. boosted its holdings in American Homes 4 Rent by 30.1% in the 4th quarter. Invesco Ltd. now owns 6,161,646 shares of the real estate investment trust’s stock worth $197,789,000 after buying an additional 1,425,912 shares during the period. Institutional investors own 91.87% of the company’s stock.

Insider Transactions at American Homes 4 Rent

In other American Homes 4 Rent 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 cost of $22.42 per share, for a total transaction of $134,520.00. Following the completion of the transaction, the director directly owned 22,000 shares in the company, valued at $493,240. This represents a 37.50% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 5.70% of the company’s stock.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock opened at $33.02 on Thursday. The firm’s 50 day simple moving average is $33.84 and its 200 day simple moving average is $31.77. 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 firm has a market capitalization of $11.91 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 5.99 and a beta of 0.79. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $35.08.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.18 by $0.13. The firm had revenue of $470.10 million during the quarter, compared to the consensus estimate of $466.51 million. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm earned $0.47 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. As a group, analysts expect that American Homes 4 Rent will post 1.9 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.32 annualized dividend and a yield of 4.0%. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.76%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Morgan Stanley lowered their target price on shares of American Homes 4 Rent from $38.50 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, August 12th. Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Wells Fargo & Company lifted their price target on American Homes 4 Rent from $36.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Citigroup reiterated a “market outperform” rating on shares of American Homes 4 Rent in a research note on Wednesday, August 5th. Finally, Barclays increased their price objective on American Homes 4 Rent from $32.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, American Homes 4 Rent currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.83.

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.