Invitation Homes (NYSE:INVH) Stock Rating Lowered by Deutsche Bank Aktiengesellschaft

Invitation Homes (NYSE:INVH) was downgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report issued on Tuesday, MarketBeat.com reports. They presently have a $33.00 price target on the stock, down from their previous price target of $41.00. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 5.41% from the stock’s current price.

Several other equities analysts have also commented on INVH. Keefe, Bruyette & Woods reduced their price target on Invitation Homes from $37.00 to $35.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 6th. JMP Securities reissued a “market outperform” rating and set a $40.00 target price on shares of Invitation Homes in a research report on Thursday, December 12th. Jefferies Financial Group downgraded shares of Invitation Homes from a “buy” rating to a “hold” rating and decreased their target price for the company from $39.00 to $33.00 in a research note on Thursday, January 2nd. Mizuho dropped their price target on shares of Invitation Homes from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, October 10th. Finally, Royal Bank of Canada cut their price objective on shares of Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating on the stock in a report on Friday, November 1st. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $37.82.

Invitation Homes Stock Up 0.7 %

INVH opened at $31.31 on Tuesday. The company has a market cap of $19.18 billion, a PE ratio of 44.09, a price-to-earnings-growth ratio of 4.59 and a beta of 1.04. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. Invitation Homes has a 1 year low of $30.13 and a 1 year high of $37.80. The firm has a 50 day moving average price of $32.66 and a 200 day moving average price of $34.21.

Institutional Investors Weigh In On Invitation Homes

Several hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Invitation Homes by 767.8% in the 3rd 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. increased its holdings in shares of Invitation Homes by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,287,830 shares of the company’s stock valued at $221,709,000 after purchasing an additional 1,089,281 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Invitation Homes by 9.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 11,748,855 shares of the company’s stock valued at $414,264,000 after purchasing an additional 997,353 shares during the period. National Bank of Canada FI lifted its position in shares of Invitation Homes by 214.5% in 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 in the last quarter. 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. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Homes Company 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.