UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in American Homes 4 Rent (NYSE:AMH – Free Report) by 1.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,129,337 shares of the real estate investment trust’s stock after selling 23,196 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.59% of American Homes 4 Rent worth $71,375,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB grew its stake in American Homes 4 Rent by 10,728.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 751 shares during the period. IFP Advisors Inc raised its position in shares of American Homes 4 Rent by 122.2% during the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 441 shares during the period. Parallel Advisors LLC lifted its holdings in shares of American Homes 4 Rent by 84.8% in the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 442 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of American Homes 4 Rent by 70.3% in the 1st quarter. Bessemer Group Inc. now owns 1,170 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 483 shares in the last quarter. Finally, Prosperity Bancshares Inc acquired a new stake in American Homes 4 Rent in the 4th quarter valued at $35,000. 91.87% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have commented on AMH shares. Barclays boosted their price target on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a research note on Monday, May 18th. UBS Group boosted their price objective on American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. raised their target price on American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. Finally, Wall Street Zen raised American Homes 4 Rent from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.83.
American Homes 4 Rent Trading Down 1.2%
Shares of American Homes 4 Rent stock opened at $33.02 on Thursday. The firm has a market cap of $11.91 billion, a PE ratio of 26.20, a P/E/G 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. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a fifty day moving average price of $33.84 and a 200-day moving average price of $31.77.
American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The company had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Equities research analysts anticipate that American Homes 4 Rent will post 1.9 EPS for the current year.
American Homes 4 Rent Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.33 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.0%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 104.76%.
Insider Activity
In related news, Director Jack E. Corrigan purchased 6,000 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average price of $22.42 per share, with a total value of $134,520.00. Following the acquisition, the director owned 22,000 shares of the company’s stock, valued at $493,240. This trade represents a 37.50% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.70% of the stock is currently owned by insiders.
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.
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