Boston Partners Buys 229,832 Shares of Invitation Homes Inc. (NYSE:INVH)

Boston Partners raised its holdings in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,483,807 shares of the company's stock after acquiring an additional 229,832 shares during the quarter. Boston Partners owned approximately 0.57% of Invitation Homes worth $111,366,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Capital Square LLC grew its stake in Invitation Homes by 1.3% during the 3rd quarter. Capital Square LLC now owns 23,726 shares of the company's stock valued at $837,000 after acquiring an additional 308 shares in the last quarter. Lindbrook Capital LLC lifted 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 buying an additional 329 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Invitation Homes by 58.5% during 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. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of Invitation Homes by 1.2% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 35,429 shares of the company's stock valued at $1,133,000 after buying an additional 408 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Invitation Homes by 5.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,345 shares of the company's stock valued at $235,000 after buying an additional 412 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have recently issued reports on INVH shares. Barclays reiterated an "overweight" rating and set a $37.00 price target (up from $36.00) on shares of Invitation Homes in a report on Wednesday, March 12th. JMP Securities restated a "market outperform" rating and issued a $40.00 target price on shares of Invitation Homes in a report on Thursday, December 12th. Keefe, Bruyette & Woods boosted their target price on Invitation Homes from $35.00 to $36.00 and gave the stock a "market perform" rating in a report on Wednesday, March 5th. Deutsche Bank Aktiengesellschaft lowered Invitation Homes from a "buy" rating to a "hold" rating and reduced their target price for the stock from $41.00 to $33.00 in a report on Tuesday, January 21st. Finally, Jefferies Financial Group lowered Invitation Homes from a "buy" rating to a "hold" rating and reduced their target price for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $37.56.

Invitation Homes Stock Performance

Shares of INVH traded down $0.16 on Friday, reaching $33.89. 5,621,926 shares of the stock traded hands, compared to its average volume of 3,070,375. The firm has a market cap of $20.76 billion, a price-to-earnings ratio of 47.73, a P/E/G ratio of 4.70 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.24 and a quick ratio of 0.24. Invitation Homes Inc. has a 12 month low of $30.13 and a 12 month high of $37.80. The stock's 50-day moving average price is $32.18 and its 200-day moving average price is $33.20.

Invitation Homes (NYSE:INVH - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.47 earnings per share (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 analysts' expectations of $658.71 million. Equities analysts forecast that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 27th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Thursday, March 27th. Invitation Homes's dividend payout ratio (DPR) is 158.90%.

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.