Robeco Schweiz AG Acquires 79,000 Shares of Invitation Homes Inc. (NYSE:INVH)

Robeco Schweiz AG grew its stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 63.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 204,000 shares of the company's stock after buying an additional 79,000 shares during the period. Robeco Schweiz AG's holdings in Invitation Homes were worth $7,322,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in INVH. Cohen & Steers Inc. grew its stake in shares of Invitation Homes by 1.3% during the fourth quarter. Cohen & Steers Inc. now owns 80,498,790 shares of the company's stock valued at $2,746,208,000 after acquiring an additional 1,008,392 shares in the last quarter. Norges Bank acquired a new position in shares of Invitation Homes during the fourth quarter valued at approximately $1,346,883,000. Canada Pension Plan Investment Board increased its stake in shares of Invitation Homes by 27.2% during the first quarter. Canada Pension Plan Investment Board now owns 15,686,912 shares of the company's stock valued at $558,611,000 after acquiring an additional 3,351,424 shares during the period. Centersquare Investment Management LLC increased its stake in shares of Invitation Homes by 4.7% during the first quarter. Centersquare Investment Management LLC now owns 8,552,206 shares of the company's stock valued at $292,485,000 after acquiring an additional 384,564 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Invitation Homes by 66.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,424,752 shares of the company's stock worth $185,038,000 after buying an additional 2,169,522 shares during the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on INVH. Evercore ISI decreased their price target on shares of Invitation Homes from $38.00 to $37.00 and set an "outperform" rating on the stock in a research report on Monday. JPMorgan Chase & Co. raised their price target on shares of Invitation Homes from $35.00 to $36.00 and gave the company a "neutral" rating in a report on Monday, June 17th. Barclays lowered their target price on shares of Invitation Homes from $41.00 to $40.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 29th. Deutsche Bank Aktiengesellschaft upgraded Invitation Homes from a "hold" rating to a "buy" rating and boosted their price target for the company from $35.00 to $41.00 in a research note on Wednesday, July 24th. Finally, UBS Group boosted their price target on Invitation Homes from $41.00 to $42.00 and gave the company a "buy" rating in a research note on Friday, August 16th. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Invitation Homes presently has an average rating of "Moderate Buy" and an average price target of $38.85.

Invitation Homes Trading Up 2.0 %

Shares of INVH stock traded up $0.74 on Friday, reaching $37.02. 2,445,880 shares of the stock were exchanged, compared to its average volume of 3,204,630. The stock has a market cap of $22.68 billion, a PE ratio of 42.11, a P/E/G ratio of 4.50 and a beta of 1.01. Invitation Homes Inc. has a one year low of $28.49 and a one year high of $37.80. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.20 and a quick ratio of 0.20. The stock has a 50 day moving average price of $35.76 and a 200 day moving average price of $35.14.

Invitation Homes (NYSE:INVH - Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.34). The company had revenue of $653.45 million during the quarter, compared to the consensus estimate of $654.70 million. Invitation Homes had a net margin of 18.75% and a return on equity of 4.68%. Equities research analysts forecast that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 26th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $1.12 dividend on an annualized basis and a yield of 3.03%. Invitation Homes's dividend payout ratio is presently 128.74%.

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.