Schroder Investment Management Group Buys 1,040,001 Shares of American Homes 4 Rent $AMH

Schroder Investment Management Group increased its stake in American Homes 4 Rent (NYSE:AMH) by 311.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,374,162 shares of the real estate investment trust’s stock after buying an additional 1,040,001 shares during the quarter. Schroder Investment Management Group owned about 0.37% of American Homes 4 Rent worth $44,619,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB increased its position in American Homes 4 Rent by 10,728.6% during 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 last quarter. 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 acquiring an additional 442 shares during the last quarter. SJS Investment Consulting Inc. bought a new stake in shares of American Homes 4 Rent in the 3rd quarter worth about $43,000. Rakuten Investment Management Inc. purchased a new position in shares of American Homes 4 Rent during the 3rd quarter worth about $47,000. Finally, Avalon Trust Co purchased a new position in shares of American Homes 4 Rent during the 3rd quarter worth about $55,000. 91.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMH. Mizuho reissued a “neutral” rating and issued a $32.00 price objective (down from $33.00) on shares of American Homes 4 Rent in a research report on Thursday, January 8th. Morgan Stanley dropped their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Monday. Keefe, Bruyette & Woods cut their target price on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. JPMorgan Chase & Co. reduced their price target on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. Finally, Citizens Jmp decreased their price target on American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a research note on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $35.72.

American Homes 4 Rent Trading Down 2.3%

AMH stock opened at $28.86 on Thursday. American Homes 4 Rent has a 12 month low of $28.58 and a 12 month high of $39.49. The firm’s 50-day moving average is $30.98 and its 200 day moving average is $32.06. The company has a market capitalization of $10.50 billion, a PE ratio of 24.45, a P/E/G ratio of 4.22 and a beta of 0.80. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.63 and a quick ratio of 0.63.

American Homes 4 Rent (NYSE:AMH) last released its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.14). The company had revenue of $402.93 million during the quarter, compared to analysts’ expectations of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. American Homes 4 Rent’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.45 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts anticipate that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a $0.33 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.6%. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 101.69%.

Insider Buying and Selling

In other news, Director Douglas N. Benham acquired 1,200 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were bought at an average price of $24.20 per share, with a total value of $29,040.00. Following the completion of the purchase, the director directly owned 44,717 shares in the company, valued at $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the acquisition, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 6,771 shares of company stock valued at $183,684 in the last quarter. 6.32% of the stock is owned by company insiders.

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.