Invitation Homes Inc. (NYSE:INVH) Shares Sold by Barclays PLC

Barclays PLC lowered its holdings in Invitation Homes Inc. (NYSE:INVH - Free Report) by 29.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 838,570 shares of the company's stock after selling 343,654 shares during the period. Barclays PLC owned approximately 0.14% of Invitation Homes worth $26,808,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. XTX Topco Ltd bought a new position in shares of Invitation Homes in the third quarter valued at about $219,000. Orion Portfolio Solutions LLC purchased a new stake in shares of Invitation Homes in the 3rd quarter valued at about $263,000. Sanctuary Advisors LLC grew its position in Invitation Homes by 146.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 14,213 shares of the company's stock worth $482,000 after acquiring an additional 8,451 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Invitation Homes by 39.0% in the 3rd quarter. Tidal Investments LLC now owns 22,878 shares of the company's stock valued at $807,000 after purchasing an additional 6,419 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Invitation Homes by 21.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,287,830 shares of the company's stock worth $221,709,000 after buying an additional 1,089,281 shares during the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Invitation Homes Price Performance

Shares of Invitation Homes stock traded up $0.13 on Thursday, reaching $34.08. 431,833 shares of the stock were exchanged, compared to its average volume of 3,347,639. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. Invitation Homes Inc. has a one year low of $29.37 and a one year high of $37.80. The firm's 50 day moving average is $33.20 and its 200-day moving average is $32.79. The firm has a market cap of $20.89 billion, a PE ratio of 47.99, a P/E/G ratio of 4.70 and a beta of 0.86.

Invitation Homes (NYSE:INVH - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. The company had revenue of $659.13 million during the quarter, compared to analyst estimates of $658.71 million. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. As a group, analysts anticipate that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 17th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.16 annualized dividend and a yield of 3.40%. Invitation Homes's dividend payout ratio (DPR) is currently 158.90%.

Analyst Ratings Changes

Several research firms have issued reports on INVH. Morgan Stanley cut shares of Invitation Homes from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $39.00 to $35.00 in a research report on Friday, January 24th. Barclays reissued an "overweight" rating and issued a $37.00 target price (up previously from $36.00) on shares of Invitation Homes in a research note on Wednesday, March 12th. Jefferies Financial Group lowered shares of Invitation Homes from a "buy" rating to a "hold" rating and decreased their price target for the company from $39.00 to $33.00 in a report on Thursday, January 2nd. Mizuho raised Invitation Homes from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $33.00 to $36.00 in a research report on Thursday, March 13th. Finally, Keefe, Bruyette & Woods raised their target price 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. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Invitation Homes presently has a consensus rating of "Hold" and a consensus price target 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.