33,159 Shares in Invitation Homes Inc. (NYSE:INVH) Bought by Quantbot Technologies LP

Quantbot Technologies LP acquired a new position in Invitation Homes Inc. (NYSE:INVH - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 33,159 shares of the company's stock, valued at approximately $1,169,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of INVH. UMB Bank n.a. grew its holdings in Invitation Homes by 496.9% in the 2nd quarter. UMB Bank n.a. now owns 770 shares of the company's stock worth $28,000 after buying an additional 641 shares in the last quarter. Paladin Wealth LLC bought a new stake in shares of Invitation Homes during the third quarter valued at about $40,000. Family Firm Inc. acquired a new stake in Invitation Homes in the second quarter worth about $42,000. Ashton Thomas Private Wealth LLC acquired a new stake in Invitation Homes in the second quarter worth about $44,000. Finally, Headlands Technologies LLC bought a new position in Invitation Homes in the 2nd quarter valued at about $45,000. Institutional investors and hedge funds own 96.79% of the company's stock.

Invitation Homes Stock Down 1.0 %

Shares of INVH traded down $0.36 during mid-day trading on Friday, reaching $34.25. The company's stock had a trading volume of 2,162,211 shares, compared to its average volume of 3,351,258. The company has a market cap of $20.98 billion, a price-to-earnings ratio of 48.24, a price-to-earnings-growth ratio of 5.21 and a beta of 1.02. The business has a fifty day moving average of $33.91 and a 200 day moving average of $34.98. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54. Invitation Homes Inc. has a 1 year low of $31.01 and a 1 year high of $37.80.

Invitation Homes Announces Dividend

The firm also recently disclosed 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 3.27%. The ex-dividend date was Thursday, September 26th. Invitation Homes's dividend payout ratio is currently 157.75%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wells Fargo & Company lowered shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and upped their price target for the stock from $37.00 to $38.00 in a research note on Monday, August 26th. Royal Bank of Canada cut their target price on 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. Bank of America cut Invitation Homes from a "buy" rating to a "neutral" rating and lowered their price target for the company from $39.00 to $37.00 in a research report on Tuesday, September 24th. Scotiabank cut their price objective on Invitation Homes from $38.00 to $37.00 and set a "sector perform" rating for the company in a report on Tuesday, September 10th. Finally, The Goldman Sachs Group began coverage on Invitation Homes in a report on Wednesday, September 4th. They set a "buy" rating and a $46.00 target price on the stock. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target 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.