Presima Securities ULC Increases Stock Holdings in Invitation Homes Inc. (NYSE:INVH)

Presima Securities ULC increased its stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 10.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 717,940 shares of the company's stock after buying an additional 66,040 shares during the period. Invitation Homes accounts for about 5.6% of Presima Securities ULC's portfolio, making the stock its 6th largest holding. Presima Securities ULC owned 0.12% of Invitation Homes worth $22,953,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital Square LLC grew its stake in shares of Invitation Homes by 1.3% in the third quarter. Capital Square LLC now owns 23,726 shares of the company's stock valued at $837,000 after acquiring an additional 308 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Invitation Homes by 6.5% during the third quarter. GAMMA Investing LLC now owns 5,600 shares of the company's stock worth $197,000 after purchasing an additional 343 shares during the period. CWM LLC raised its position in shares of Invitation Homes by 5.1% in the third quarter. CWM LLC now owns 7,285 shares of the company's stock valued at $257,000 after buying an additional 351 shares in the last quarter. Inspire Investing LLC raised its position in shares of Invitation Homes by 0.6% in the third quarter. Inspire Investing LLC now owns 64,641 shares of the company's stock valued at $2,279,000 after buying an additional 369 shares in the last quarter. Finally, 1620 Investment Advisors Inc. boosted its stake in shares of Invitation Homes by 2.2% in the third quarter. 1620 Investment Advisors Inc. now owns 18,734 shares of the company's stock valued at $661,000 after buying an additional 395 shares during the period. Institutional investors and hedge funds own 96.79% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on INVH. Keefe, Bruyette & Woods dropped their price objective on Invitation Homes from $37.00 to $35.00 and set a "market perform" rating for the company in a report on Wednesday, November 6th. Royal Bank of Canada dropped their price target on Invitation Homes from $36.00 to $34.00 and set a "sector perform" rating for the company in a research note on Friday, November 1st. JMP Securities reiterated a "market outperform" rating and set a $40.00 price objective on shares of Invitation Homes in a research note on Thursday, December 12th. Mizuho dropped their target price on shares of Invitation Homes from $36.00 to $35.00 and set a "neutral" rating for the company in a research report on Thursday, October 10th. Finally, Morgan Stanley lowered shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $39.00 to $35.00 in a research report on Friday. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $37.47.

Invitation Homes Trading Up 0.1 %

INVH stock traded up $0.02 during trading on Friday, hitting $30.54. The company had a trading volume of 2,719,617 shares, compared to its average volume of 2,473,746. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. Invitation Homes Inc. has a one year low of $30.13 and a one year high of $37.80. The business has a 50-day moving average of $32.42 and a 200-day moving average of $34.09. The stock has a market cap of $18.71 billion, a PE ratio of 43.02, a PEG ratio of 4.51 and a beta of 1.04.

Invitation Homes Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 26th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend was Thursday, December 26th. This is an increase from Invitation Homes's previous quarterly dividend of $0.28. Invitation Homes's dividend payout ratio (DPR) is currently 163.38%.

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.