Invitation Homes Inc. (NYSE:INVH) Shares Bought by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. grew its stake in Invitation Homes Inc. (NYSE:INVH - Free Report) by 139.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,505,198 shares of the company's stock after purchasing an additional 876,410 shares during the period. Van Lanschot Kempen Investment Management N.V. owned about 0.25% of Invitation Homes worth $48,121,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. raised its stake in shares of Invitation Homes by 179.5% during the 4th quarter. Assetmark Inc. now owns 3,650 shares of the company's stock worth $117,000 after buying an additional 2,344 shares during the period. Charles Schwab Investment Management Inc. raised its position in Invitation Homes by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,598,451 shares of the company's stock worth $210,952,000 after acquiring an additional 31,184 shares during the period. OFI Invest Asset Management purchased a new position in Invitation Homes during the fourth quarter valued at $595,000. Cbre Investment Management Listed Real Assets LLC grew its position in shares of Invitation Homes by 0.8% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,597,177 shares of the company's stock valued at $178,942,000 after purchasing an additional 44,945 shares during the period. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Invitation Homes during the fourth quarter worth about $867,000. Institutional investors and hedge funds own 96.79% of the company's stock.

Invitation Homes Trading Down 0.1 %

Shares of Invitation Homes stock traded down $0.05 during trading hours on Wednesday, hitting $34.00. The company's stock had a trading volume of 3,709,832 shares, compared to its average volume of 3,359,135. The firm has a fifty day moving average of $33.15 and a 200-day moving average of $32.78. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. The stock has a market cap of $20.84 billion, a price-to-earnings ratio of 47.89, a P/E/G ratio of 4.70 and a beta of 0.86. Invitation Homes Inc. has a twelve month low of $29.37 and a twelve month high of $37.80.

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

Invitation Homes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 17th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend was Thursday, March 27th. Invitation Homes's dividend payout ratio (DPR) is 158.90%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on INVH shares. Jefferies Financial Group cut Invitation Homes from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Keefe, Bruyette & Woods increased their price objective on Invitation Homes from $35.00 to $36.00 and gave the company a "market perform" rating in a research note on Wednesday, March 5th. Morgan Stanley cut shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft cut shares of Invitation Homes from a "buy" rating to a "hold" rating and reduced their target price for the company from $41.00 to $33.00 in a research report on Tuesday, January 21st. Finally, Raymond James lowered their price target on shares of Invitation Homes from $40.00 to $36.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $37.38.

About Invitation Homes

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.