5 Real Estate Stocks to Buy Now According to John Khoury’s Long Pond Capital

4. American Homes 4 Rent (NYSE:AMH)

Long Pond Capital Stake Value: $146,464,000
Percentage of Long Pond Capital’s 13F Portfolio: 5.36%
Number of Hedge Fund Holders: 33

American Homes 4 Rent (NYSE:AMH) is a Calabasas, California-based real estate investment trust that focuses on single-family rental homes. In November, the company announced a quarterly dividend of $0.10 per share, in line with the previous.

In October, BTIG analyst James Sullivan upgraded American Homes 4 Rent to “Buy” from “Neutral,” with a price objective of $47, as part of a more comprehensive research report titled Single-Family Rentals – Robust Earnings Momentum. In November, the firm announced an FFO of $0.35 for the third quarter, exceeding analyst forecasts by $0.01.

American Homes 4 Rent has seen an increase in hedge fund sentiment in recent months. The company was in 33 hedge funds’ portfolios in the third quarter of 2021, up from 31 in the previous quarter.