Centersquare Investment Management LLC Raises Holdings in American Homes 4 Rent $AMH

Centersquare Investment Management LLC grew its position in American Homes 4 Rent (NYSE:AMH) by 16.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,135,358 shares of the real estate investment trust’s stock after buying an additional 864,078 shares during the quarter. American Homes 4 Rent accounts for 1.9% of Centersquare Investment Management LLC’s holdings, making the stock its 17th largest holding. Centersquare Investment Management LLC’s holdings in American Homes 4 Rent were worth $196,945,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AMH. Jones Financial Companies Lllp lifted its holdings in shares of American Homes 4 Rent by 1,103.6% in the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock worth $493,000 after buying an additional 11,963 shares during the period. Cetera Investment Advisers lifted its holdings in shares of American Homes 4 Rent by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock worth $607,000 after buying an additional 537 shares during the period. Walleye Capital LLC purchased a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $255,000. Jump Financial LLC purchased a new stake in shares of American Homes 4 Rent in the 2nd quarter worth $413,000. Finally, Cerity Partners LLC lifted its holdings in shares of American Homes 4 Rent by 5.6% in the 2nd quarter. Cerity Partners LLC now owns 45,558 shares of the real estate investment trust’s stock worth $1,643,000 after buying an additional 2,401 shares during the period. 91.87% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at American Homes 4 Rent

In other American Homes 4 Rent news, Director Jack E. Corrigan bought 2,041 shares of American Homes 4 Rent stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average cost of $23.53 per share, with a total value of $48,024.73. Following the transaction, the director directly owned 17,000 shares of the company’s stock, valued at approximately $400,010. This represents a 13.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders acquired 5,000 shares of company stock worth $117,024. Corporate insiders own 5.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Scotiabank upped their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. UBS Group lowered their target price on American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Royal Bank Of Canada upped their price objective on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Wall Street Zen upgraded American Homes 4 Rent from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, March 20th. Nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $35.08.

American Homes 4 Rent Trading Down 0.7%

Shares of NYSE AMH opened at $33.00 on Friday. 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 capitalization of $11.90 billion, a P/E ratio of 26.83, a price-to-earnings-growth ratio of 4.37 and a beta of 0.81. American Homes 4 Rent has a 1-year low of $27.22 and a 1-year high of $37.06. The business has a fifty day moving average price of $31.29 and a 200 day moving average price of $30.91.

American Homes 4 Rent (NYSE:AMH) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The firm had revenue of $472.02 million during the quarter, compared to analysts’ expectations of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The firm’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts expect that American Homes 4 Rent will post 1.93 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio is 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.