B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Invitation Homes Inc. (NYSE:INVH - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 138,303 shares of the company's stock, valued at approximately $4,876,000.
Several other institutional investors and hedge funds also recently made changes to their positions in INVH. Oregon Public Employees Retirement Fund raised its position in shares of Invitation Homes by 0.6% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 49,448 shares of the company's stock worth $1,775,000 after acquiring an additional 310 shares in the last quarter. GAMMA Investing LLC boosted its stake in Invitation Homes by 6.5% during the third quarter. GAMMA Investing LLC now owns 5,600 shares of the company's stock worth $197,000 after acquiring an additional 343 shares in the last quarter. CWM LLC raised its holdings in shares of Invitation Homes by 5.1% during the third quarter. CWM LLC now owns 7,285 shares of the company's stock valued at $257,000 after purchasing an additional 351 shares during the period. Appleton Partners Inc. MA increased its position in Invitation Homes by 0.9% in the 2nd quarter. Appleton Partners Inc. MA now owns 39,868 shares of the company's stock valued at $1,431,000 after buying an additional 365 shares in the last quarter. Finally, Inspire Investing LLC lifted its holdings in shares of Invitation Homes by 0.6% in the 3rd quarter. Inspire Investing LLC now owns 64,641 shares of the company's stock worth $2,279,000 after purchasing an additional 369 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company's stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on INVH. UBS Group raised their price target on shares of Invitation Homes from $41.00 to $42.00 and gave the company a "buy" rating in a research report on Friday, August 16th. The Goldman Sachs Group started coverage on shares of Invitation Homes in a report on Wednesday, September 4th. They issued a "buy" rating and a $46.00 price objective for the company. Keefe, Bruyette & Woods dropped their target price 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. Deutsche Bank Aktiengesellschaft upgraded Invitation Homes from a "hold" rating to a "buy" rating and boosted their price objective for the company from $35.00 to $41.00 in a research note on Wednesday, July 24th. Finally, Scotiabank lowered their target price on shares of Invitation Homes from $38.00 to $37.00 and set a "sector perform" rating on the stock in a research note on Tuesday, September 10th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, Invitation Homes currently has a consensus rating of "Moderate Buy" and a consensus price target of $38.80.
View Our Latest Stock Analysis on INVH
Invitation Homes Stock Down 1.0 %
Shares of NYSE INVH traded down $0.33 during mid-day trading on Wednesday, hitting $33.70. 2,989,739 shares of the stock traded hands, compared to its average volume of 3,368,287. The stock has a fifty day moving average price of $34.21 and a 200-day moving average price of $35.02. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. The company has a market cap of $20.64 billion, a price-to-earnings ratio of 47.47, a PEG ratio of 5.14 and a beta of 1.02. Invitation Homes Inc. has a 52 week low of $31.01 and a 52 week high of $37.80.
Invitation Homes Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 26th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date was Thursday, September 26th. Invitation Homes's payout ratio is 157.75%.
Invitation Homes Company Profile
(
Free Report)
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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