BNP Paribas Financial Markets Has $36.23 Million Stock Position in Invitation Homes Inc. (NYSE:INVH)

BNP Paribas Financial Markets grew its holdings in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 144.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,027,366 shares of the company's stock after purchasing an additional 607,163 shares during the period. BNP Paribas Financial Markets owned about 0.17% of Invitation Homes worth $36,225,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of Invitation Homes by 4.2% during the 3rd quarter. FMR LLC now owns 18,813,744 shares of the company's stock worth $663,373,000 after purchasing an additional 753,464 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Invitation Homes by 0.8% during 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. Daiwa Securities Group Inc. grew its position in Invitation Homes by 9.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 11,748,855 shares of the company's stock worth $414,264,000 after purchasing an additional 997,353 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings 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 valued at $315,671,000 after acquiring an additional 170,374 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Invitation Homes by 3.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,567,267 shares of the company's stock valued at $231,562,000 after purchasing an additional 248,701 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company's stock.

Invitation Homes Stock Down 0.9 %

Shares of INVH stock traded down $0.31 during mid-day trading on Friday, reaching $34.30. 2,162,210 shares of the company were exchanged, compared to its average volume of 3,369,264. 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 50 day simple moving average is $33.95 and its 200 day simple moving average is $34.99. Invitation Homes Inc. has a fifty-two week low of $31.01 and a fifty-two week high of $37.80. The company has a market capitalization of $21.01 billion, a P/E ratio of 48.31, a P/E/G ratio of 5.26 and a beta of 1.02.

Invitation Homes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 26th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date was Thursday, September 26th. Invitation Homes's dividend payout ratio (DPR) is 157.75%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on INVH shares. Evercore ISI increased their price objective on Invitation Homes from $37.00 to $38.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Royal Bank of Canada cut their target price on Invitation Homes from $36.00 to $34.00 and set a "sector perform" rating on the stock in a research note on Friday, November 1st. JPMorgan Chase & Co. increased their price objective on Invitation Homes from $36.00 to $40.00 and gave the stock a "neutral" rating in a report on Monday, September 16th. Keefe, Bruyette & Woods cut their target price on shares of Invitation Homes from $37.00 to $35.00 and set a "market perform" rating for the company in a research note on Wednesday, November 6th. Finally, UBS Group lifted their price objective on shares of Invitation Homes from $41.00 to $42.00 and gave the stock a "buy" rating in a research note on Friday, August 16th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, Invitation Homes has a consensus rating of "Moderate Buy" and a consensus target price of $38.80.

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.