Nomura Asset Management Co. Ltd. Buys 38,020 Shares of American Homes 4 Rent $AMH

Nomura Asset Management Co. Ltd. boosted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 613,500 shares of the real estate investment trust’s stock after acquiring an additional 38,020 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in American Homes 4 Rent were worth $19,693,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AMH. Jones Financial Companies Lllp increased its stake in American Homes 4 Rent by 1,103.6% during the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock worth $493,000 after acquiring an additional 11,963 shares during the period. Cetera Investment Advisers increased its stake in shares of American Homes 4 Rent by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock valued at $607,000 after purchasing an additional 537 shares during the last quarter. Walleye Capital LLC bought a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $255,000. Jump Financial LLC bought a new position in shares of American Homes 4 Rent in the 2nd quarter valued at $413,000. Finally, Cerity Partners LLC increased its stake in shares of American Homes 4 Rent by 5.6% in the 2nd quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock valued at $1,643,000 after purchasing an additional 2,401 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

AMH has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their price target on American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Barclays lifted their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. UBS Group decreased their price target on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Raymond James Financial upgraded American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target on the stock in a research note on Monday, May 18th. Finally, Scotiabank lifted their price target on American Homes 4 Rent from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Thursday, May 21st. Nine investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $35.08.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average price of $23.53 per share, with a total value of $48,024.73. Following the acquisition, the director directly owned 17,000 shares in the company, valued at $400,010. The trade was a 13.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders acquired 5,000 shares of company stock worth $117,024. Company insiders own 5.70% of the company’s stock.

American Homes 4 Rent Trading Up 0.7%

NYSE AMH opened at $32.30 on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $37.90. The company has a market cap of $11.65 billion, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 4.22 and a beta of 0.82. The business’s fifty day moving average is $30.45 and its 200 day moving average is $30.85.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. During the same quarter last year, the business posted $0.46 EPS. American Homes 4 Rent’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 1.890-1.950 EPS. As a group, sell-side analysts expect that American Homes 4 Rent will post 1.93 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.1%. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

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.