Public Employees Retirement System of Ohio Has $37.11 Million Stock Position in Invitation Homes Inc. (NYSE:INVH)

Public Employees Retirement System of Ohio decreased its stake in Invitation Homes Inc. (NYSE:INVH - Free Report) by 5.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,052,521 shares of the company's stock after selling 58,587 shares during the quarter. Public Employees Retirement System of Ohio owned 0.17% of Invitation Homes worth $37,112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Capital Square LLC grew its holdings in shares of Invitation Homes by 1.3% during the third quarter. Capital Square LLC now owns 23,726 shares of the company's stock valued at $837,000 after buying an additional 308 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in 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 buying an additional 310 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Invitation Homes by 6.5% during the 3rd quarter. GAMMA Investing LLC now owns 5,600 shares of the company's stock valued at $197,000 after buying an additional 343 shares during the period. CWM LLC grew its holdings in shares of Invitation Homes by 5.1% during the 3rd quarter. CWM LLC now owns 7,285 shares of the company's stock valued at $257,000 after acquiring an additional 351 shares in the last quarter. Finally, Inspire Investing LLC grew its holdings in shares of Invitation Homes by 0.6% during the 3rd quarter. Inspire Investing LLC now owns 64,641 shares of the company's stock valued at $2,279,000 after acquiring an additional 369 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Evercore ISI lifted their price objective on Invitation Homes from $37.00 to $38.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. UBS Group lifted their price target on Invitation Homes from $41.00 to $42.00 and gave the company a "buy" rating in a report on Friday, August 16th. The Goldman Sachs Group assumed coverage on Invitation Homes in a research note on Wednesday, September 4th. They issued a "buy" rating and a $46.00 price target for the company. Keefe, Bruyette & Woods cut their price objective on shares of 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. Finally, Royal Bank of Canada decreased their target price on shares of Invitation Homes from $36.00 to $34.00 and set a "sector perform" rating for the company in a research report on Friday, November 1st. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, Invitation Homes currently has an average rating of "Moderate Buy" and an average target price of $38.80.

Invitation Homes Stock Performance

Invitation Homes stock traded down $0.36 during mid-day trading on Tuesday, reaching $33.32. The company had a trading volume of 3,129,437 shares, compared to its average volume of 3,347,670. The company has a 50 day moving average of $33.67 and a 200-day moving average of $34.91. Invitation Homes Inc. has a 52 week low of $31.01 and a 52 week high of $37.80. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54. The firm has a market cap of $20.41 billion, a price-to-earnings ratio of 46.93, a PEG ratio of 5.09 and a beta of 1.03.

Invitation Homes Announces Dividend

The business 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 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend was Thursday, September 26th. Invitation Homes's dividend payout ratio 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.