2 weeks Ago By Defense World Staff
Victory Capital Management Inc. decreased its position in shares of Invitation Homes Inc. (NYSE:INVH – Free Report) by 46.
9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 239,052 shares of the company’s stock after selling 210,849 shares during the period. Victory Capital Management Inc.
’s holdings in Invitation Homes were worth $7,642,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INVH. Assetmark Inc.
grew its holdings in shares of Invitation Homes by 1,664.9% in 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. Atria Investments Inc lifted its position in Invitation Homes by 4.4% in the third quarter.
Atria Investments Inc now owns 25,859 shares of the company’s stock worth $912,000 after buying an additional 1,094 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in Invitation Homes by 323.5% in the third quarter.
Los Angeles Capital Management LLC now owns 31,219 shares of the company’s stock worth $1,101,000 after buying an additional 23,847 shares during the last quarter. KBC Group NV lifted its position in Invitation Homes by 450.8% in the third quarter.
KBC Group NV now owns 586,832 shares of the company’s stock worth $20,691,000 after buying an additional 480,291 shares during the last quarter. Finally, Huntington National Bank lifted its position in 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 during the last quarter. Institutional investors own 96.79% of the company’s stock.
Invitation Homes Price PerformanceNYSE:INVH opened at $33.46 on Friday. The firm has a market cap of $20.
50 billion, a price-to-earnings ratio of 47.13, a price-to-earnings-growth ratio of 4.70 and a beta of 1.
03. 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 company’s 50-day moving average is $31.
83 and its two-hundred day moving average is $33.34. Invitation Homes Inc.
has a 12-month low of $30.13 and a 12-month high of $37.80.
Invitation Homes (NYSE:INVH – Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.
47. Invitation Homes had a net margin of 17.02% and a return on equity of 4.
36%. The company had revenue of $659.13 million for the quarter, compared to analyst estimates of $658.
71 million. Research analysts expect that Invitation Homes Inc. will post 1.
83 EPS for the current year. Invitation Homes Dividend AnnouncementThe firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 17th will be given a dividend of $0.
29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.
47%. Invitation Homes’s dividend payout ratio (DPR) is presently 158.90%.
Wall Street Analyst Weigh InA number of analysts recently issued reports on INVH shares. Barclays restated an “overweight” rating and issued a $37.00 price target (up from $36.
00) on shares of Invitation Homes in a research report on Wednesday. Mizuho upgraded Invitation Homes from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $33.00 to $36.
00 in a research report on Thursday. JMP Securities reiterated a “market outperform” rating and set a $40.00 target price on shares of Invitation Homes in a research report on Thursday, December 12th.
Keefe, Bruyette & Woods lifted their target price on Invitation Homes from $35.00 to $36.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 5th.
Finally, Deutsche Bank Aktiengesellschaft downgraded Invitation Homes from a “buy” rating to a “hold” rating and decreased their target price for the stock from $41.00 to $33.00 in a research report on Tuesday, January 21st.
Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $37.65.
Get Our Latest Report on Invitation HomesInvitation Homes Profile (Free Report)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.Further ReadingFive stocks we like better than Invitation HomesHow to Invest in Tech Stocks and Top Tech Stocks to ConsiderRubrik Stock’s V-Bottom Reversal Signals a Major Rally AheadAre Penny Stocks a Good Fit for Your Portfolio?How Super Micro Computer Stock Is Defying the Market Sell-Off3 Home Improvement Stocks that Can Upgrade Your PortfolioAppLovin vs.
HPE: Which Tech Stock Can Bounce Back Faster?.
