Swedbank AB Decreases Position in American Homes 4 Rent $AMH

Swedbank AB lessened its holdings in shares of American Homes 4 Rent (NYSE:AMH) by 13.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 500,000 shares of the real estate investment trust’s stock after selling 78,438 shares during the quarter. Swedbank AB’s holdings in American Homes 4 Rent were worth $16,050,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Global Retirement Partners LLC lifted its holdings in shares of American Homes 4 Rent by 101.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,662 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 835 shares during the last quarter. Algebris UK Ltd. purchased a new stake in shares of American Homes 4 Rent during the 4th quarter valued at $34,166,000. ABN Amro Investment Solutions purchased a new stake in shares of American Homes 4 Rent during the 4th quarter valued at $372,000. IFP Advisors Inc lifted its holdings in shares of American Homes 4 Rent by 122.2% during the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 441 shares during the last quarter. Finally, North Dakota State Investment Board purchased a new stake in shares of American Homes 4 Rent during the 4th quarter valued at $386,000. Hedge funds and other institutional investors own 91.87% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on AMH. Wells Fargo & Company decreased their price objective on American Homes 4 Rent from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Citigroup decreased their price objective on American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating for the company in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reduced their target price 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. Keefe, Bruyette & Woods raised their target price on American Homes 4 Rent from $35.00 to $36.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Finally, Barclays raised their target price on American Homes 4 Rent from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday, April 27th. Nine analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $35.00.

American Homes 4 Rent Stock Performance

Shares of AMH stock opened at $32.29 on Tuesday. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 4.25 and a beta of 0.82. 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 business has a fifty day moving average of $30.07 and a 200 day moving average of $30.85. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $38.01.

American Homes 4 Rent (NYSE:AMH) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.30. The company had revenue of $472.02 million during the quarter, compared to analyst estimates 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 quarter last year, the business posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, research analysts expect that American Homes 4 Rent will post 1.93 earnings per share for the current year.

American Homes 4 Rent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.33 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. American Homes 4 Rent’s dividend payout ratio (DPR) is 107.32%.

Insiders Place Their Bets

In related news, Director Douglas N. Benham purchased 1,200 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were bought at an average cost of $24.20 per share, with a total value of $29,040.00. Following the transaction, the director owned 44,717 shares of the company’s stock, valued at approximately $1,082,151.40. This trade represents a 2.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Goldberg purchased 2,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were bought at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the completion of the transaction, the director directly owned 36,723 shares in the company, valued at $1,075,983.90. This trade represents a 5.76% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 9,771 shares of company stock valued at $242,368. Company insiders own 5.70% of the company’s stock.

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.