Aster Capital Management DIFC Ltd Buys New Holdings in Invitation Homes Inc. (NYSE:INVH)

Aster Capital Management DIFC Ltd acquired a new position in Invitation Homes Inc. (NYSE:INVH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 34,676 shares of the company's stock, valued at approximately $1,109,000.

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

Invitation Homes Stock Performance

NYSE INVH traded up $0.16 during trading on Friday, hitting $31.80. The company's stock had a trading volume of 909,593 shares, compared to its average volume of 3,323,681. Invitation Homes Inc. has a 52 week low of $29.37 and a 52 week high of $37.80. The firm has a market cap of $19.48 billion, a P/E ratio of 44.66, a price-to-earnings-growth ratio of 4.70 and a beta of 0.86. The firm has a 50 day moving average price of $32.89 and a 200 day moving average price of $32.87. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54.

Invitation Homes (NYSE:INVH - Get Free Report) 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. Equities research analysts forecast that Invitation Homes Inc. will post 1.83 earnings per share for the current fiscal 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 paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Thursday, March 27th. Invitation Homes's payout ratio is presently 158.90%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Jefferies Financial Group cut Invitation Homes from a "buy" rating to a "hold" rating and lowered their price target for the company from $39.00 to $33.00 in a research note on Thursday, January 2nd. JMP Securities reiterated a "market outperform" rating and issued a $40.00 target price on shares of Invitation Homes in a research note on Thursday, December 12th. Mizuho upgraded 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 research note on Thursday, March 13th. Barclays restated an "overweight" rating and set a $37.00 price target (up previously from $36.00) on shares of Invitation Homes in a report on Wednesday, March 12th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Invitation Homes from $35.00 to $36.00 and gave the stock a "market perform" rating in a report on Wednesday, March 5th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Invitation Homes presently has a consensus rating of "Hold" and a consensus price target of $37.38.

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.