Thrivent Financial for Lutherans Acquires 21,598 Shares of American Homes 4 Rent $AMH

Thrivent Financial for Lutherans raised its holdings in American Homes 4 Rent (NYSE:AMH) by 17.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 147,010 shares of the real estate investment trust’s stock after buying an additional 21,598 shares during the quarter. Thrivent Financial for Lutherans’ holdings in American Homes 4 Rent were worth $4,719,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMH. Jones Financial Companies Lllp increased its holdings in 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 valued at $493,000 after buying an additional 11,963 shares during the period. Cetera Investment Advisers increased its holdings in 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 valued at $607,000 after buying an additional 537 shares during the period. Walleye Capital LLC bought a new stake in American Homes 4 Rent in the 2nd quarter valued at $255,000. Jump Financial LLC bought a new stake in American Homes 4 Rent in the 2nd quarter valued at $413,000. Finally, Cerity Partners LLC increased its holdings in 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 valued at $1,643,000 after buying an additional 2,401 shares during the period. Institutional investors own 91.87% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on AMH. Raymond James Financial raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 price target on the stock in a report on Monday. Weiss Ratings raised shares of American Homes 4 Rent from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. UBS Group lowered their target price on shares of American Homes 4 Rent from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Friday, March 20th. Finally, Royal Bank Of Canada upped their target price on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $35.00.

American Homes 4 Rent Stock Down 0.3%

AMH opened at $32.10 on Friday. The firm’s 50-day simple moving average is $29.93 and its 200-day simple moving average is $30.84. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $38.11. The firm has a market cap of $11.58 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 4.24 and a beta of 0.82.

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, topping the consensus estimate of $0.18 by $0.30. The business had revenue of $472.02 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Equities research analysts anticipate that American Homes 4 Rent will post 1.93 EPS for the current fiscal year.

American Homes 4 Rent Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.33 per share. The ex-dividend date is Monday, June 15th. This represents a $1.32 annualized dividend and a yield of 4.1%. American Homes 4 Rent’s dividend payout ratio is 107.32%.

Insider Buying and Selling

In related news, Director David Goldberg purchased 2,000 shares of American Homes 4 Rent stock in a transaction that occurred on Tuesday, March 3rd. The shares were acquired at an average price of $29.30 per share, for a total transaction of $58,600.00. Following the transaction, the director directly owned 36,723 shares in the company, valued at approximately $1,075,983.90. This represents a 5.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Douglas N. Benham purchased 1,571 shares of American Homes 4 Rent stock in a transaction that occurred on Wednesday, February 25th. The shares were bought at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the transaction, the director owned 43,517 shares in the company, valued at $1,044,408. This represents a 3.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 11,771 shares of company stock worth $300,708 in the last 90 days. Corporate 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.