Asset Management One Co. Ltd. Boosts Holdings in Invitation Homes Inc. (NYSE:INVH)

Asset Management One Co. Ltd. lifted its stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,166,729 shares of the company's stock after buying an additional 15,599 shares during the period. Asset Management One Co. Ltd. owned approximately 0.19% of Invitation Homes worth $37,452,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in INVH. Capital Square LLC increased its holdings in Invitation Homes by 1.3% in the third quarter. Capital Square LLC now owns 23,726 shares of the company's stock valued at $837,000 after buying an additional 308 shares in the last quarter. CWM LLC increased its holdings in Invitation Homes by 5.1% in the third quarter. CWM LLC now owns 7,285 shares of the company's stock valued at $257,000 after buying an additional 351 shares in the last quarter. 1620 Investment Advisors Inc. increased its holdings in Invitation Homes by 2.2% in the third quarter. 1620 Investment Advisors Inc. now owns 18,734 shares of the company's stock valued at $661,000 after buying an additional 395 shares in the last quarter. Carnegie Lake Advisors LLC increased its holdings in Invitation Homes by 1.5% in the fourth quarter. Carnegie Lake Advisors LLC now owns 34,957 shares of the company's stock valued at $1,118,000 after buying an additional 500 shares in the last quarter. Finally, Guidance Capital Inc. grew its position in shares of Invitation Homes by 2.2% in the third quarter. Guidance Capital Inc. now owns 27,770 shares of the company's stock valued at $948,000 after purchasing an additional 597 shares during the period. Hedge funds and other institutional investors own 96.79% of the company's stock.

Invitation Homes Price Performance

Shares of INVH traded up $0.30 during trading hours on Tuesday, reaching $31.73. The company had a trading volume of 615,299 shares, compared to its average volume of 2,742,265. The firm has a 50 day simple moving average of $31.59 and a 200-day simple moving average of $33.61. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $19.44 billion, a price-to-earnings ratio of 44.66, a PEG ratio of 4.62 and a beta of 1.04. Invitation Homes Inc. has a 12-month low of $30.13 and a 12-month high of $37.80.

Invitation Homes Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 26th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend was Thursday, December 26th. This is an increase from Invitation Homes's previous quarterly dividend of $0.28. Invitation Homes's dividend payout ratio (DPR) is currently 163.38%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on INVH shares. Barclays reduced their price target on shares of Invitation Homes from $38.00 to $36.00 and set an "overweight" rating on the stock in a research note on Friday, January 24th. Royal Bank of Canada cut their target price on shares of Invitation Homes from $36.00 to $34.00 and set a "sector perform" rating on the stock in a research note on Friday, November 1st. Keefe, Bruyette & Woods cut their target price on shares of Invitation Homes from $37.00 to $35.00 and set a "market perform" rating on the stock in a research note on Wednesday, November 6th. Morgan Stanley downgraded shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $39.00 to $35.00 in a research report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Invitation Homes from a "buy" rating to a "hold" rating and dropped their price objective for the company from $41.00 to $33.00 in a research report on Tuesday, January 21st. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Invitation Homes currently has a consensus rating of "Hold" and a consensus price target of $37.47.

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.