Quantinno Capital Management LP Increases Stock Holdings in American Homes 4 Rent $AMH

Quantinno Capital Management LP increased its stake in shares of American Homes 4 Rent (NYSE:AMH) by 76.1% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,358,273 shares of the real estate investment trust’s stock after acquiring an additional 587,176 shares during the period. Quantinno Capital Management LP’s holdings in American Homes 4 Rent were worth $37,923,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB grew its position 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 in the last quarter. IFP Advisors Inc lifted 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 in the last quarter. Parallel Advisors LLC lifted its position in shares of American Homes 4 Rent by 84.8% during the third 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. Prosperity Bancshares Inc acquired a new position in shares of American Homes 4 Rent during the fourth quarter worth $35,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of American Homes 4 Rent in the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of American Homes 4 Rent from $34.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Barclays upped their price objective on shares of American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 14th. Royal Bank Of Canada lifted their target price on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Mizuho boosted their price target on 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, UBS Group increased their price target on American Homes 4 Rent from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, American Homes 4 Rent has an average rating of “Moderate Buy” and a consensus price target of $36.47.

American Homes 4 Rent Trading Down 1.5%

NYSE AMH opened at $33.19 on Friday. The company has a market capitalization of $11.97 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 4.55 and a beta of 0.79. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $36.10. The company’s fifty day moving average price is $33.06 and its two-hundred day moving average price is $31.32.

American Homes 4 Rent (NYSE:AMH) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.30. The company had revenue of $472.02 million during the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, research analysts predict that American Homes 4 Rent will post 1.88 earnings per share for the current fiscal year.

American Homes 4 Rent Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 15th. American Homes 4 Rent’s payout ratio is currently 107.32%.

Insiders Place Their Bets

In other news, Director Jack E. Corrigan acquired 2,041 shares of the business’s stock in a transaction on Monday, May 18th. The shares were purchased at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the purchase, the director directly owned 17,000 shares of the company’s stock, valued at $400,010. This represents a 13.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 5,000 shares of company stock valued at $117,024 over the last three months. 5.70% of the stock is owned by insiders.

About American Homes 4 Rent

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.