Invitation Homes Inc. (NYSE:INVH) Stock Holdings Decreased by Tredje AP fonden

Tredje AP fonden reduced its position in Invitation Homes Inc. (NYSE:INVH) by 50.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,288 shares of the company’s stock after selling 48,288 shares during the period. Tredje AP fonden’s holdings in Invitation Homes were worth $1,544,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in INVH. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Invitation Homes by 767.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,519,603 shares of the company’s stock worth $194,621,000 after acquiring an additional 4,883,564 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Invitation Homes by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 6,287,830 shares of the company’s stock worth $221,709,000 after purchasing an additional 1,089,281 shares during the period. Daiwa Securities Group Inc. boosted its holdings in shares of Invitation Homes by 9.3% during the third quarter. Daiwa Securities Group Inc. now owns 11,748,855 shares of the company’s stock worth $414,264,000 after purchasing an additional 997,353 shares during the period. National Bank of Canada FI boosted its holdings in shares of Invitation Homes by 214.5% during the third quarter. National Bank of Canada FI now owns 1,144,693 shares of the company’s stock worth $40,362,000 after purchasing an additional 780,760 shares during the period. Finally, FMR LLC boosted its holdings in shares of Invitation Homes by 4.2% during the third quarter. FMR LLC now owns 18,813,744 shares of the company’s stock worth $663,373,000 after purchasing an additional 753,464 shares during the period. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

INVH has been the subject of several research reports. Mizuho upgraded shares of Invitation Homes from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $33.00 to $36.00 in a report on Thursday. JMP Securities restated a “market outperform” rating and set a $40.00 price target on shares of Invitation Homes in a report on Thursday, December 12th. Morgan Stanley cut shares of Invitation Homes from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $39.00 to $35.00 in a research note on Friday, January 24th. Barclays reiterated an “overweight” rating and issued a $37.00 target price (up from $36.00) on shares of Invitation Homes in a research note on Wednesday. Finally, Jefferies Financial Group cut shares of Invitation Homes from a “buy” rating to a “hold” rating and reduced their target price for the company from $39.00 to $33.00 in a research note on Thursday, January 2nd. Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Invitation Homes presently has an average rating of “Hold” and a consensus price target of $37.65.

Invitation Homes Trading Up 1.7 %

Shares of INVH stock opened at $33.46 on Friday. Invitation Homes Inc. has a 1 year low of $30.13 and a 1 year high of $37.80. The firm’s fifty day simple moving average is $31.83 and its 200 day simple moving average is $33.34. The firm has a market capitalization of $20.50 billion, a P/E ratio of 47.13, a price-to-earnings-growth ratio of 4.70 and a beta of 1.03. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54.

Invitation Homes (NYSE:INVH) last announced its earnings results on Wednesday, February 26th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. The business had revenue of $659.13 million for the quarter, compared to analyst estimates of $658.71 million. As a group, sell-side analysts predict that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 17th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.47%. Invitation Homes’s dividend payout ratio (DPR) is currently 158.90%.

Invitation Homes Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.