167,998 Shares in American Homes 4 Rent $AMH Bought by Aviva PLC

Aviva PLC purchased a new stake in American Homes 4 Rent (NYSE:AMH) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 167,998 shares of the real estate investment trust’s stock, valued at approximately $6,060,000.

Several other institutional investors have also recently made changes to their positions in the stock. Hantz Financial Services Inc. grew its stake in shares of American Homes 4 Rent by 922.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 828 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 747 shares during the period. AlphaQuest LLC bought a new stake in shares of American Homes 4 Rent during the second quarter valued at approximately $33,000. Pandora Wealth Inc. acquired a new position in shares of American Homes 4 Rent during the first quarter worth approximately $38,000. SVB Wealth LLC bought a new position in shares of American Homes 4 Rent in the 1st quarter worth $42,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in American Homes 4 Rent in the 2nd quarter valued at $49,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $32.36 on Thursday. The company has a market capitalization of $12.01 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 2.85 and a beta of 0.75. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.41 and a current ratio of 0.41. American Homes 4 Rent has a 52-week low of $31.01 and a 52-week high of $39.49. The company has a 50-day simple moving average of $32.93 and a 200 day simple moving average of $35.18.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. The firm had revenue of ($916.78) million during the quarter, compared to the consensus estimate of $475.75 million. American Homes 4 Rent had a net margin of 24.70% and a return on equity of 5.90%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.860-1.88 EPS. On average, research analysts predict that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.30 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.7%. American Homes 4 Rent’s payout ratio is presently 101.69%.

Analyst Ratings Changes

AMH has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the company an “overweight” rating in a research note on Tuesday, August 19th. Wells Fargo & Company lowered their target price on shares of American Homes 4 Rent from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday, October 13th. Scotiabank cut their price target on American Homes 4 Rent from $41.00 to $35.00 and set a “sector perform” rating for the company in a research note on Monday. Evercore ISI decreased their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Friday, October 31st. Finally, Wall Street Zen downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $38.64.

American Homes 4 Rent Company 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.