Pensionfund Sabic Invests $2.02 Million in American Homes 4 Rent $AMH

Pensionfund Sabic purchased a new position in shares of American Homes 4 Rent (NYSE:AMH) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 63,000 shares of the real estate investment trust’s stock, valued at approximately $2,022,000.

A number of other large investors also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB lifted 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 during the last quarter. True Wealth Design LLC increased its position in shares of American Homes 4 Rent by 230.8% during the fourth quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 577 shares in the last quarter. Parallel Advisors LLC increased 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. SJS Investment Consulting Inc. purchased a new stake in shares of American Homes 4 Rent in the 3rd quarter valued at about $43,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of American Homes 4 Rent by 4,356.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 1,307 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.

Insider Activity at American Homes 4 Rent

In related news, Director Douglas N. Benham purchased 1,200 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were bought at an average cost of $24.20 per share, for a total transaction of $29,040.00. Following the transaction, the director owned 44,717 shares of the company’s stock, valued at $1,082,151.40. This represents a 2.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director David Goldberg purchased 2,000 shares of the stock in a transaction dated 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 transaction, the director owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 6,771 shares of company stock worth $183,684. Company insiders own 6.01% of the company’s stock.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $27.54 on Wednesday. The firm’s 50 day moving average price is $30.36 and its two-hundred day moving average price is $31.59. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.66. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $39.49. The stock has a market cap of $10.02 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 3.97 and a beta of 0.80.

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

American Homes 4 Rent Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.33 dividend. This is an increase from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Friday, March 13th. American Homes 4 Rent’s dividend payout ratio is 111.86%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AMH shares. Wall Street Zen downgraded American Homes 4 Rent from a “hold” rating to a “sell” rating in a research note on Sunday, January 18th. Morgan Stanley decreased their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, March 9th. Wells Fargo & Company lowered their target price on shares of American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Scotiabank dropped their price target on shares of American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research note on Wednesday, March 4th. Finally, JPMorgan Chase & Co. cut their price objective on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating for the company in a research report on Monday, January 12th. Seven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $35.21.

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.