219,164 Shares in Invitation Homes Inc. (NYSE:INVH) Acquired by Marshall Wace LLP

Marshall Wace LLP bought a new position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 219,164 shares of the company's stock, valued at approximately $7,007,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lindbrook Capital LLC boosted its stake in shares of Invitation Homes by 58.4% during the fourth quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock worth $29,000 after buying an additional 329 shares during the period. SRS Capital Advisors Inc. lifted its holdings in shares of Invitation Homes by 654.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 951 shares of the company's stock worth $30,000 after purchasing an additional 825 shares during the period. Smartleaf Asset Management LLC grew its position in Invitation Homes by 58.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company's stock valued at $33,000 after buying an additional 378 shares during the last quarter. Allworth Financial LP increased its stake in Invitation Homes by 101.2% in the 4th quarter. Allworth Financial LP now owns 1,396 shares of the company's stock valued at $43,000 after buying an additional 702 shares during the period. Finally, Center for Financial Planning Inc. purchased a new position in Invitation Homes during the 4th quarter worth $48,000. Hedge funds and other institutional investors own 96.79% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Mizuho raised shares of Invitation Homes from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Barclays reissued an "overweight" rating and set a $37.00 target price (up from $36.00) on shares of Invitation Homes in a research note on Wednesday, March 12th. Jefferies Financial Group lowered Invitation Homes from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Raymond James reduced their target price on Invitation Homes from $40.00 to $36.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Finally, Morgan Stanley cut shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $37.38.

Invitation Homes Price Performance

INVH stock opened at $34.07 on Wednesday. The stock's 50 day moving average price is $33.10 and its 200 day moving average price is $32.77. The firm has a market cap of $20.88 billion, a P/E ratio of 47.99, a PEG ratio of 4.70 and a beta of 0.86. 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 Inc. has a 1 year low of $29.37 and a 1 year high of $37.80.

Invitation Homes (NYSE:INVH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. The business had revenue of $659.13 million for the quarter, compared to analyst estimates of $658.71 million. On average, sell-side analysts expect that Invitation Homes Inc. will post 1.83 earnings per share for the current fiscal year.

Invitation Homes Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 17th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.40%. The ex-dividend date was Thursday, March 27th. Invitation Homes's payout ratio is 158.90%.

About Invitation Homes

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.

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