Danske Bank A S Purchases 236,883 Shares of American Homes 4 Rent $AMH

Danske Bank A S boosted its position in American Homes 4 Rent (NYSE:AMH) by 87.0% during the 4th quarter, Holdings Channel reports. The fund owned 509,247 shares of the real estate investment trust’s stock after buying an additional 236,883 shares during the period. Danske Bank A S’s holdings in American Homes 4 Rent were worth $16,347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. AE Wealth Management LLC boosted its holdings in American Homes 4 Rent by 7.3% in the third quarter. AE Wealth Management LLC now owns 6,149 shares of the real estate investment trust’s stock worth $204,000 after acquiring an additional 418 shares in the last quarter. Assetmark Inc. boosted its holdings in American Homes 4 Rent by 21.6% in the third quarter. Assetmark Inc. now owns 2,360 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 420 shares in the last quarter. Parallel Advisors LLC boosted its holdings in American Homes 4 Rent by 84.8% in the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 442 shares in the last quarter. Evergreen Capital Management LLC boosted its holdings in American Homes 4 Rent by 5.6% in the fourth quarter. Evergreen Capital Management LLC now owns 8,767 shares of the real estate investment trust’s stock worth $281,000 after acquiring an additional 468 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its holdings in American Homes 4 Rent by 2.3% in the third quarter. Crossmark Global Holdings Inc. now owns 21,178 shares of the real estate investment trust’s stock worth $704,000 after acquiring an additional 469 shares in the last quarter. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

Shares of American Homes 4 Rent stock opened at $31.92 on Monday. The company has a market cap of $11.61 billion, a PE ratio of 27.05, a price-to-earnings-growth ratio of 4.61 and a beta of 0.82. American Homes 4 Rent has a 52 week low of $27.22 and a 52 week high of $39.49. The business has a 50 day moving average price of $29.40 and a 200-day moving average price of $30.92. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.66.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data 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 company had revenue of $402.93 million during the quarter, compared to analysts’ expectations of $459.24 million. American Homes 4 Rent had a return on equity of 5.93% and a net margin of 24.48%.The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the company earned $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.1%. 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. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 111.86%.

Analysts Set New Price Targets

Several brokerages have issued reports on AMH. Citigroup cut their price target on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Scotiabank cut their price target 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. Citizens Jmp cut their price target on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating on the stock in a report on Monday, February 23rd. Keefe, Bruyette & Woods cut their price target on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Finally, Wells Fargo & Company lowered their price objective on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, March 5th. Eight equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $35.39.

Insider Activity at American Homes 4 Rent

In related news, Director David Goldberg acquired 2,000 shares of the stock in a transaction dated 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 completion of the purchase, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Douglas N. Benham acquired 1,200 shares of the stock in a transaction dated Monday, March 2nd. The stock was bought at an average cost of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. The trade was a 2.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders bought 6,771 shares of company stock valued at $183,684. Company insiders own 5.70% of the company’s stock.

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.