VIRGINIA RETIREMENT SYSTEMS ET Al Sells 23,800 Shares of American Homes 4 Rent $AMH

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its stake in shares of American Homes 4 Rent (NYSE:AMH) by 12.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 165,100 shares of the real estate investment trust’s stock after selling 23,800 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in American Homes 4 Rent were worth $5,300,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB increased its holdings in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 751 shares during the period. True Wealth Design LLC increased its holdings in shares of American Homes 4 Rent by 230.8% during the 4th 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 during the period. Parallel Advisors LLC increased its holdings in shares of American Homes 4 Rent by 84.8% during the 3rd 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 during the period. V Square Quantitative Management LLC bought a new position in shares of American Homes 4 Rent during the 4th quarter worth about $37,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of American Homes 4 Rent by 4,356.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 1,307 shares during the period. Institutional investors own 91.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citizens Jmp lowered their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set a “market outperform” rating on the stock in a research note on Monday, February 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Morgan Stanley lowered their target price on shares of American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, March 9th. Barclays upped their target price on shares of American Homes 4 Rent from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, April 27th. Finally, Raymond James Financial reissued a “market perform” rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Eight research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, American Homes 4 Rent currently has an average rating of “Hold” and an average target price of $35.00.

Insider Transactions at American Homes 4 Rent

In other news, Director Douglas N. Benham purchased 1,571 shares of American Homes 4 Rent stock in a transaction on Wednesday, February 25th. The shares were purchased at an average cost of $24.00 per share, for a total transaction of $37,704.00. Following the completion of the transaction, the director directly owned 43,517 shares in the company, valued at approximately $1,044,408. This represents a 3.75% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Goldberg purchased 2,000 shares of American Homes 4 Rent stock in a transaction on Tuesday, March 3rd. The stock was 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 of the company’s stock, valued at approximately $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 6,771 shares of company stock worth $183,684. Company insiders own 5.70% of the company’s stock.

American Homes 4 Rent Stock Performance

NYSE AMH opened at $31.43 on Thursday. The stock has a market cap of $11.43 billion, a P/E ratio of 25.55, a PEG ratio of 4.17 and a beta of 0.82. The company’s 50-day simple moving average is $29.71 and its 200 day simple moving average is $30.88. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $38.85. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. The business had revenue of $472.02 million for the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 earnings per share. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, research analysts forecast that American Homes 4 Rent will post 1.92 earnings per share for the current fiscal year.

American Homes 4 Rent 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.