American Homes 4 Rent $AMH Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,406 shares of the real estate investment trust’s stock after selling 1,767 shares during the period. Yousif Capital Management LLC’s holdings in American Homes 4 Rent were worth $4,307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMH. Golden State Wealth Management LLC acquired a new stake in American Homes 4 Rent during the first quarter valued at approximately $29,000. Pandora Wealth Inc. acquired a new stake in shares of American Homes 4 Rent during the first quarter valued at approximately $38,000. SVB Wealth LLC acquired a new stake in shares of American Homes 4 Rent during the first quarter valued at approximately $42,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of American Homes 4 Rent during the second quarter valued at approximately $49,000. Finally, Avalon Trust Co acquired a new stake in shares of American Homes 4 Rent during the first quarter valued at approximately $52,000. 91.87% of the stock is owned by institutional investors and hedge funds.

American Homes 4 Rent Stock Down 1.6%

American Homes 4 Rent stock opened at $32.54 on Thursday. The firm has a market cap of $12.07 billion, a PE ratio of 29.32, a P/E/G ratio of 3.02 and a beta of 0.75. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.88 and a current ratio of 0.88. The firm’s 50 day moving average price is $33.95 and its two-hundred day moving average price is $35.68. American Homes 4 Rent has a twelve month low of $31.68 and a twelve month high of $39.49.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. The firm had revenue of $457.50 million for the quarter, compared to analyst estimates of $451.50 million. American Homes 4 Rent had a net margin of 23.72% and a return on equity of 5.60%. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS. American Homes 4 Rent has set its FY 2025 guidance at 1.840-1.880 EPS. On average, research analysts predict that American Homes 4 Rent will post 1.85 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, September 15th. American Homes 4 Rent’s payout ratio is currently 108.11%.

Wall Street Analyst Weigh In

AMH has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of American Homes 4 Rent in a report on Wednesday, October 8th. Wells Fargo & Company cut their price target 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. Wolfe Research upgraded shares of American Homes 4 Rent from a “peer perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a report on Thursday, October 2nd. Barclays cut their price target on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 12th. Finally, Morgan Stanley boosted their price target on shares of American Homes 4 Rent from $40.50 to $41.00 and gave the company an “overweight” rating in a report on Tuesday, August 19th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $39.57.

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.