Invitation Homes Inc. (NYSE:INVH) Shares Sold by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands decreased its stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 18.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,110 shares of the company's stock after selling 20,000 shares during the quarter. Invitation Homes makes up 1.7% of Pensionfund DSM Netherlands' portfolio, making the stock its 17th largest position. Pensionfund DSM Netherlands' holdings in Invitation Homes were worth $2,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. TD Asset Management Inc raised its holdings in Invitation Homes by 1.0% in the second quarter. TD Asset Management Inc now owns 201,592 shares of the company's stock worth $7,235,000 after purchasing an additional 1,909 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Invitation Homes by 10.1% during the 2nd quarter. Victory Capital Management Inc. now owns 1,246,456 shares of the company's stock valued at $44,735,000 after purchasing an additional 114,426 shares during the last quarter. Candriam S.C.A. boosted its position in shares of Invitation Homes by 9.7% in the 2nd quarter. Candriam S.C.A. now owns 65,059 shares of the company's stock worth $2,335,000 after purchasing an additional 5,779 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Invitation Homes during the 2nd quarter valued at about $331,000. Finally, Oak Thistle LLC purchased a new stake in Invitation Homes in the second quarter valued at about $289,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Homes Price Performance

Shares of Invitation Homes stock traded down $0.74 on Monday, hitting $31.19. The company's stock had a trading volume of 2,449,563 shares, compared to its average volume of 2,239,321. The company has a market capitalization of $19.11 billion, a price-to-earnings ratio of 43.93, a price-to-earnings-growth ratio of 5.03 and a beta of 1.04. The firm has a fifty day moving average price of $33.03 and a 200-day moving average price of $34.55. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. Invitation Homes Inc. has a 1 year low of $31.01 and a 1 year high of $37.80.

Invitation Homes Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 26th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, December 26th. This is a boost from Invitation Homes's previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a yield of 3.72%. Invitation Homes's dividend payout ratio is currently 163.38%.

Analyst Ratings Changes

INVH has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Invitation Homes from $36.00 to $40.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. Barclays assumed coverage on shares of Invitation Homes in a report on Tuesday, December 17th. They set an "overweight" rating and a $38.00 price objective on the stock. Bank of America cut Invitation Homes from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $39.00 to $37.00 in a research report on Tuesday, September 24th. Mizuho cut their price objective on Invitation Homes from $36.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, October 10th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $40.00 target price on shares of Invitation Homes in a report on Thursday, December 12th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $38.29.

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.