Janus Henderson Group PLC Sells 1,517,387 Shares of American Homes 4 Rent $AMH

Janus Henderson Group PLC reduced its holdings in American Homes 4 Rent (NYSE:AMH) by 86.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 232,037 shares of the real estate investment trust’s stock after selling 1,517,387 shares during the quarter. Janus Henderson Group PLC’s holdings in American Homes 4 Rent were worth $6,477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP raised its position in shares of American Homes 4 Rent by 76.1% during the 1st quarter. Quantinno Capital Management LP now owns 1,358,273 shares of the real estate investment trust’s stock valued at $37,923,000 after acquiring an additional 587,176 shares during the last quarter. Lazard Asset Management LLC boosted its position in shares of American Homes 4 Rent by 113.2% in the 1st quarter. Lazard Asset Management LLC now owns 57,092 shares of the real estate investment trust’s stock worth $1,594,000 after purchasing an additional 30,315 shares during the last quarter. Corsair Capital Management L.P. bought a new position in shares of American Homes 4 Rent in the 1st quarter worth $642,000. OMERS ADMINISTRATION Corp grew its stake in shares of American Homes 4 Rent by 3.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 424 shares during the period. Finally, Entropy Technologies LP grew its stake in shares of American Homes 4 Rent by 632.2% during the first quarter. Entropy Technologies LP now owns 184,003 shares of the real estate investment trust’s stock worth $5,137,000 after purchasing an additional 158,872 shares during the period. 91.87% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMH has been the topic of several analyst reports. Morgan Stanley cut their target price on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th. Jefferies Financial Group raised American Homes 4 Rent to a “strong-buy” rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded shares of American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Mizuho lifted their price objective on shares of American Homes 4 Rent from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Finally, Compass Point began coverage on shares of American Homes 4 Rent in a report on Tuesday, April 28th. They set a “buy” rating and a $37.50 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $36.69.

Insiders Place Their Bets

In other American Homes 4 Rent news, Director Jack E. Corrigan purchased 2,041 shares of the firm’s stock in a transaction dated 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 purchase, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. The trade was a 13.64% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders purchased 5,000 shares of company stock worth $117,024. Corporate insiders own 5.70% of the company’s stock.

American Homes 4 Rent Price Performance

AMH stock opened at $34.56 on Friday. The stock has a 50-day moving average price of $33.28 and a two-hundred day moving average price of $31.42. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.85. The stock has a market cap of $12.46 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 6.25 and a beta of 0.79. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. The company had revenue of $470.10 million for the quarter, compared to analyst estimates of $466.51 million. American Homes 4 Rent had a return on equity of 6.25% and a net margin of 25.53%.The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Equities analysts forecast that American Homes 4 Rent will post 1.88 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 3.8%. American Homes 4 Rent’s dividend payout ratio is 104.76%.

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.