Mizuho Upgrades Invitation Homes (NYSE:INVH) to Outperform

Invitation Homes (NYSE:INVH - Get Free Report) was upgraded by Mizuho from a "neutral" rating to an "outperform" rating in a research note issued to investors on Thursday,Briefing.com Automated Import reports. The firm presently has a $36.00 target price on the stock, up from their prior target price of $33.00. Mizuho's target price points to a potential upside of 8.75% from the company's current price.

INVH has been the subject of several other reports. Barclays reissued an "overweight" rating and issued a $37.00 price objective (up from $36.00) on shares of Invitation Homes in a research report on Wednesday. Deutsche Bank Aktiengesellschaft cut Invitation Homes from a "buy" rating to a "hold" rating and reduced their price objective for the company from $41.00 to $33.00 in a research report on Tuesday, January 21st. Morgan Stanley cut Invitation Homes from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $39.00 to $35.00 in a research report on Friday, January 24th. Keefe, Bruyette & Woods raised their target price on Invitation Homes from $35.00 to $36.00 and gave the stock a "market perform" rating in a research report on Wednesday, March 5th. Finally, Jefferies Financial Group cut 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 research report on Thursday, January 2nd. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $37.65.

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Invitation Homes Trading Down 2.3 %

Shares of INVH stock opened at $33.10 on Thursday. Invitation Homes has a 12 month low of $30.13 and a 12 month 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 business's 50 day moving average is $31.80 and its two-hundred day moving average is $33.34. The company has a market cap of $20.28 billion, a PE ratio of 46.62, a price-to-earnings-growth ratio of 4.70 and a beta of 1.03.

Invitation Homes (NYSE:INVH - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. The company had revenue of $659.13 million for the quarter, compared to the consensus estimate of $658.71 million. Equities analysts predict that Invitation Homes will post 1.83 EPS for the current year.

Institutional Trading of Invitation Homes

Several institutional investors and hedge funds have recently added to or reduced their stakes in INVH. Lindbrook Capital LLC increased its stake in shares of Invitation Homes by 58.4% in the 4th quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock valued at $29,000 after acquiring an additional 329 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in shares of Invitation Homes by 654.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 951 shares of the company's stock valued at $30,000 after acquiring an additional 825 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Invitation Homes by 58.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company's stock valued at $33,000 after acquiring an additional 378 shares during the last quarter. Allworth Financial LP increased its stake in shares of Invitation Homes by 101.2% in the 4th quarter. Allworth Financial LP now owns 1,396 shares of the company's stock valued at $43,000 after acquiring an additional 702 shares during the last quarter. Finally, Assetmark Inc. increased its stake in shares of Invitation Homes by 1,664.9% in the 3rd quarter. Assetmark Inc. now owns 1,306 shares of the company's stock valued at $46,000 after acquiring an additional 1,232 shares during the last quarter. 96.79% of the stock is owned by institutional investors.

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.

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