21,077 Shares in American Homes 4 Rent $AMH Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in American Homes 4 Rent (NYSE:AMH) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 21,077 shares of the real estate investment trust’s stock, valued at approximately $707,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMH. Commonwealth Equity Services LLC increased its position in American Homes 4 Rent by 3.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock worth $347,000 after buying an additional 321 shares during the period. Vanderbilt University boosted its position in shares of American Homes 4 Rent by 1.5% in the first quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock valued at $653,000 after acquiring an additional 346 shares during the period. OMERS ADMINISTRATION Corp grew its stake in shares of American Homes 4 Rent by 3.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock valued at $338,000 after acquiring an additional 424 shares in the last quarter. Assetmark Inc. grew its stake in shares of American Homes 4 Rent by 7.2% in the first quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock valued at $179,000 after acquiring an additional 431 shares in the last quarter. Finally, IFP Advisors Inc increased its position in American Homes 4 Rent by 122.2% during 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 during the period. 91.87% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at American Homes 4 Rent

In other news, Director Jack E. Corrigan acquired 6,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were acquired at an average cost of $22.42 per share, with a total value of $134,520.00. Following the completion of the purchase, the director directly owned 22,000 shares of the company’s stock, valued at $493,240. The trade was a 37.50% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.70% of the stock is owned by company insiders.

American Homes 4 Rent Trading Up 0.3%

AMH opened at $33.54 on Friday. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $35.85. The company has a 50-day simple moving average of $33.78 and a 200 day simple moving average of $31.73. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $12.09 billion, a price-to-earnings ratio of 26.62, a P/E/G ratio of 5.99 and a beta of 0.79.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The firm had revenue of $470.10 million for the quarter, compared to the consensus estimate of $466.51 million. During the same period in the prior year, the company posted $0.47 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. Analysts predict that American Homes 4 Rent will post 1.9 EPS for the current fiscal year.

American Homes 4 Rent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.33 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 3.9%. American Homes 4 Rent’s dividend payout ratio (DPR) is currently 104.76%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AMH shares. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on shares of American Homes 4 Rent in a research note on Friday, June 26th. BMO Capital Markets raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 target price on the stock in a report on Friday, June 26th. Scotiabank lifted their price target on shares of American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Barclays boosted their price target on American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Finally, Mizuho increased their price target on American Homes 4 Rent from $29.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.83.

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.