Chilton Capital Management LLC boosted its stake in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 373,406 shares of the real estate investment trust’s stock after purchasing an additional 4,309 shares during the quarter. Chilton Capital Management LLC owned 0.10% of American Homes 4 Rent worth $13,469,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of AMH. Golden State Wealth Management LLC bought a new stake in American Homes 4 Rent in the 1st quarter valued at $29,000. AlphaQuest LLC bought a new stake in shares of American Homes 4 Rent in the 2nd quarter valued at $33,000. Pandora Wealth Inc. acquired a new position in American Homes 4 Rent in the first quarter valued at about $38,000. SVB Wealth LLC bought a new stake in American Homes 4 Rent during the 1st quarter worth approximately $42,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of American Homes 4 Rent in the second quarter valued at approximately $49,000. Institutional investors and hedge funds own 91.87% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on AMH shares. The Goldman Sachs Group lowered American Homes 4 Rent from a “buy” rating to a “neutral” rating and dropped their target price for the company from $43.00 to $37.00 in a research report on Wednesday, September 17th. Morgan Stanley increased their target price on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the stock an “overweight” rating in a report on Tuesday, August 19th. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Friday. Wolfe Research raised American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research report on Thursday, October 2nd. Finally, Mizuho reduced their price target on American Homes 4 Rent from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Tuesday, October 21st. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $39.36.
American Homes 4 Rent Trading Up 0.2%
NYSE:AMH opened at $33.35 on Friday. The stock has a market capitalization of $12.37 billion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 3.05 and a beta of 0.75. The firm’s 50 day moving average is $33.74 and its 200 day moving average is $35.55. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a 12 month low of $31.68 and a 12 month high of $39.49.
American Homes 4 Rent (NYSE:AMH – Get Free Report) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. The business had revenue of $457.50 million for the quarter, compared to analysts’ expectations of $451.50 million. American Homes 4 Rent had a net margin of 23.72% and a return on equity of 5.60%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. Sell-side analysts expect that American Homes 4 Rent will post 1.85 earnings per share for the current year.
American Homes 4 Rent Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.30 per share. The ex-dividend date was Monday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.6%. American Homes 4 Rent’s dividend payout ratio is 108.11%.
American Homes 4 Rent Profile
American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.
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