Kera Capital Partners Inc. Takes $527,000 Position in American Homes 4 Rent $AMH

by · The Markets Daily

Kera Capital Partners Inc. purchased a new position in American Homes 4 Rent (NYSE:AMH – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 16,831 shares of the real estate investment trust’s stock, valued at approximately $527,000.

Other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB increased its stake in 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 valued at $25,000 after purchasing an additional 751 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of American Homes 4 Rent by 122.2% in the 4th quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 441 shares during the period. True Wealth Design LLC boosted its position in American Homes 4 Rent by 230.8% in 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 in the last quarter. Parallel Advisors LLC grew its position in American Homes 4 Rent by 84.8% during the third quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 442 shares during the period. Finally, Prosperity Bancshares Inc acquired a new stake in shares of American Homes 4 Rent during the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Price Performance

Shares of AMH opened at $31.70 on Friday. The company has a market cap of $11.43 billion, a P/E ratio of 25.77, a PEG ratio of 4.28 and a beta of 0.81. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $37.06. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The firm’s 50 day moving average price is $31.67 and its 200 day moving average price is $30.92.

American Homes 4 Rent (NYSE:AMH – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.18 by $0.30. The company had revenue of $472.02 million during 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 was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.89 earnings per share 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. Stockholders of record on Monday, June 15th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Monday, June 15th. American Homes 4 Rent’s dividend payout ratio (DPR) is presently 107.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on AMH shares. Royal Bank Of Canada lifted their price target on shares of American Homes 4 Rent from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Morgan Stanley reduced their price objective on American Homes 4 Rent from $39.00 to $38.50 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Raymond James Financial raised shares of American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $35.00 target price on the stock in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reduced their target price on American Homes 4 Rent from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, March 20th. Finally, Citigroup reduced their price target on shares of American Homes 4 Rent from $34.50 to $33.50 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Nine research 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, American Homes 4 Rent has an average rating of “Hold” and an average price target of $35.58.

View Our Latest Analysis on American Homes 4 Rent

Insider Transactions at American Homes 4 Rent

In related news, Director Jack E. Corrigan bought 2,041 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average cost of $23.53 per share, for a total transaction of $48,024.73. Following the completion of the acquisition, the director owned 17,000 shares in the company, valued at approximately $400,010. This trade represents a 13.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired 5,000 shares of company stock valued at $117,024 in the last ninety days. Company insiders own 5.70% of the company’s stock.

American Homes 4 Rent Profile

(Free Report)

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.

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