Rothschild Investment LLC Sells 34,503 Shares of Invitation Homes Inc. (NYSE:INVH)

Rothschild Investment LLC reduced its position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 15.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 184,090 shares of the company's stock after selling 34,503 shares during the quarter. Rothschild Investment LLC's holdings in Invitation Homes were worth $5,885,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP boosted its holdings in shares of Invitation Homes by 101.2% in the fourth quarter. Allworth Financial LP now owns 1,396 shares of the company's stock worth $43,000 after buying an additional 702 shares during the last quarter. Assetmark Inc. lifted its holdings in Invitation Homes by 1,664.9% during the third quarter. Assetmark Inc. now owns 1,306 shares of the company's stock valued at $46,000 after purchasing an additional 1,232 shares in the last quarter. Center for Financial Planning Inc. purchased a new position in Invitation Homes during the fourth quarter valued at approximately $48,000. Brooklyn Investment Group purchased a new position in shares of Invitation Homes in the third quarter worth $49,000. Finally, Huntington National Bank lifted its holdings in shares of Invitation Homes by 53.2% in the third quarter. Huntington National Bank now owns 2,014 shares of the company's stock worth $71,000 after buying an additional 699 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on INVH shares. Royal Bank of Canada lowered their target price on shares of Invitation Homes from $36.00 to $34.00 and set a "sector perform" rating on the stock in a report on Friday, November 1st. Barclays reduced their price target on shares of Invitation Homes from $38.00 to $36.00 and set an "overweight" rating on the stock in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft cut shares of Invitation Homes from a "buy" rating to a "hold" rating and reduced their price target for the stock from $41.00 to $33.00 in a research report on Tuesday, January 21st. Morgan Stanley cut shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $39.00 to $35.00 in a research report on Friday, January 24th. Finally, Jefferies Financial Group cut shares of Invitation Homes from a "buy" rating to a "hold" rating and cut their price objective for the company from $39.00 to $33.00 in a research report on Thursday, January 2nd. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $37.47.

Invitation Homes Stock Down 1.1 %

Shares of INVH opened at $31.90 on Monday. The firm has a market capitalization of $19.54 billion, a P/E ratio of 44.92, a P/E/G ratio of 4.70 and a beta of 1.04. Invitation Homes Inc. has a 12-month low of $30.13 and a 12-month high of $37.80. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average price of $31.48 and a 200-day moving average price of $33.52.

Invitation Homes Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 26th were paid a $0.29 dividend. The ex-dividend date was Thursday, December 26th. This is a positive change from Invitation Homes's previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a yield of 3.64%. Invitation Homes's dividend payout ratio is 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.

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