Invitation Homes Inc. (NYSE:INVH) Stock Holdings Lifted by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. lifted its position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 140.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,326 shares of the company's stock after buying an additional 21,820 shares during the quarter. Harvest Portfolios Group Inc.'s holdings in Invitation Homes were worth $1,316,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Canada Pension Plan Investment Board increased its stake in Invitation Homes by 0.8% in the second quarter. Canada Pension Plan Investment Board now owns 15,814,912 shares of the company's stock valued at $567,597,000 after purchasing an additional 128,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Invitation Homes by 2.0% in the second quarter. Dimensional Fund Advisors LP now owns 8,795,707 shares of the company's stock worth $315,671,000 after acquiring an additional 170,374 shares during the last quarter. Centersquare Investment Management LLC grew its stake in shares of Invitation Homes by 4.7% during the 1st quarter. Centersquare Investment Management LLC now owns 8,552,206 shares of the company's stock valued at $292,485,000 after buying an additional 384,564 shares during the period. PGGM Investments raised its position in shares of Invitation Homes by 4.9% in the 1st quarter. PGGM Investments now owns 4,965,248 shares of the company's stock worth $176,812,000 after buying an additional 232,012 shares during the period. Finally, Boston Partners raised its position in shares of Invitation Homes by 4.3% in the 1st quarter. Boston Partners now owns 3,218,905 shares of the company's stock worth $114,617,000 after buying an additional 132,381 shares during the period. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on INVH shares. Bank of America lowered Invitation Homes from a "buy" rating to a "neutral" rating and cut their target price for the stock from $39.00 to $37.00 in a research report on Tuesday, September 24th. Wells Fargo & Company lowered Invitation Homes from an "overweight" rating to an "equal weight" rating and increased their target price for the stock from $37.00 to $38.00 in a research report on Monday, August 26th. Scotiabank cut their target price on Invitation Homes from $38.00 to $37.00 and set a "sector perform" rating on the stock in a research report on Tuesday, September 10th. Keefe, Bruyette & Woods cut 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. Finally, UBS Group increased their target price on Invitation Homes from $41.00 to $42.00 and gave the stock a "buy" rating in a research report on Friday, August 16th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, Invitation Homes presently has an average rating of "Moderate Buy" and an average target price of $38.80.

Invitation Homes Stock Down 0.1 %

Shares of NYSE INVH traded down $0.03 during midday trading on Thursday, reaching $33.33. 2,021,718 shares of the company's stock were exchanged, compared to its average volume of 3,377,202. Invitation Homes Inc. has a 52-week low of $31.01 and a 52-week high of $37.80. The stock has a market capitalization of $20.42 billion, a PE ratio of 46.99, a price-to-earnings-growth ratio of 4.50 and a beta of 1.02. 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 business's fifty day moving average price is $34.77 and its two-hundred day moving average price is $35.06.

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. The ex-dividend date was Thursday, September 26th. This represents a $1.12 dividend on an annualized basis and a yield of 3.36%. Invitation Homes's dividend payout ratio (DPR) is 157.75%.

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.