American Homes 4 Rent $AMH is Lasalle Investment Management Securities LLC’s 7th Largest Position

Lasalle Investment Management Securities LLC lifted its stake in American Homes 4 Rent (NYSE:AMH) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,056,123 shares of the real estate investment trust’s stock after buying an additional 167,314 shares during the period. American Homes 4 Rent makes up 3.9% of Lasalle Investment Management Securities LLC’s portfolio, making the stock its 7th biggest position. Lasalle Investment Management Securities LLC’s holdings in American Homes 4 Rent were worth $98,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the business. AE Wealth Management LLC lifted its stake in shares of American Homes 4 Rent by 7.3% in the third quarter. AE Wealth Management LLC now owns 6,149 shares of the real estate investment trust’s stock worth $204,000 after acquiring an additional 418 shares in the last quarter. Assetmark Inc. lifted its stake in shares of American Homes 4 Rent by 21.6% in the third quarter. Assetmark Inc. now owns 2,360 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 420 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 441 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of American Homes 4 Rent by 84.8% in the third 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 in the last quarter. Finally, Evergreen Capital Management LLC raised its stake in American Homes 4 Rent by 5.6% during the fourth quarter. Evergreen Capital Management LLC now owns 8,767 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 468 shares in the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

Insider Activity at American Homes 4 Rent

In other American Homes 4 Rent news, Director David Goldberg bought 2,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the transaction, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. The trade was a 5.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jack E. Corrigan bought 2,041 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average price of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the transaction, the director owned 17,000 shares in the company, valued at $400,010. This trade represents a 13.64% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 7,000 shares of company stock worth $175,624. 5.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings upgraded American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Royal Bank Of Canada lifted their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Citizens Jmp decreased their price target on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating for the company in a report on Monday, February 23rd. Mizuho decreased their price target on shares of American Homes 4 Rent from $32.00 to $29.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Finally, Compass Point started coverage on shares of American Homes 4 Rent in a report on Tuesday, April 28th. They issued a “buy” rating and a $37.50 price target for the company. Nine research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.97.

American Homes 4 Rent Stock Up 0.0%

AMH opened at $32.09 on Monday. American Homes 4 Rent has a 12 month low of $27.22 and a 12 month high of $38.01. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57. The stock has a market cap of $11.57 billion, a P/E ratio of 26.09, a P/E/G ratio of 4.22 and a beta of 0.81. The stock’s 50 day moving average price is $30.36 and its 200 day moving average price is $30.85.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS 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 firm had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. During the same period last year, the firm earned $0.46 EPS. The firm’s revenue was up 2.8% compared to the same quarter last year. 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 1.93 earnings per share for the current year.

American Homes 4 Rent Dividend Announcement

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