Chilton Capital Management LLC Has $13.83 Million Stock Position in Invitation Home (NYSE:INVH)

Chilton Capital Management LLC lessened its stake in Invitation Home (NYSE:INVH - Free Report) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 394,410 shares of the company's stock after selling 15,938 shares during the quarter. Chilton Capital Management LLC owned approximately 0.06% of Invitation Home worth $13,834,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of INVH. Lindbrook Capital LLC increased its stake in Invitation Home by 58.4% during the fourth quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock valued at $29,000 after purchasing an additional 329 shares during the last quarter. SRS Capital Advisors Inc. grew its position in shares of Invitation Home by 654.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 951 shares of the company's stock valued at $30,000 after buying an additional 825 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Invitation Home by 58.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company's stock worth $33,000 after acquiring an additional 378 shares during the last quarter. North Capital Inc. bought a new position in shares of Invitation Home during the first quarter valued at approximately $41,000. Finally, Jones Financial Companies Lllp raised its position in shares of Invitation Home by 78.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,836 shares of the company's stock worth $59,000 after purchasing an additional 806 shares during the period. Institutional investors and hedge funds own 96.79% of the company's stock.

Insider Transactions at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the company's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $33.41, for a total transaction of $4,969,704.09. Following the completion of the transaction, the chief executive officer directly owned 642,973 shares in the company, valued at $21,481,727.93. This represents a 18.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.29% of the company's stock.

Invitation Home Stock Performance

INVH traded down $0.33 on Monday, hitting $32.29. The company had a trading volume of 2,968,321 shares, compared to its average volume of 3,413,233. The stock has a market cap of $19.79 billion, a price-to-earnings ratio of 41.94, a price-to-earnings-growth ratio of 3.24 and a beta of 0.80. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.02 and a quick ratio of 0.02. The company's fifty day moving average price is $33.64 and its 200 day moving average price is $32.85. Invitation Home has a 1-year low of $29.37 and a 1-year high of $37.80.

Invitation Home (NYSE:INVH - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm had revenue of $674.48 million for the quarter, compared to the consensus estimate of $663.77 million. Invitation Home had a net margin of 18.01% and a return on equity of 4.82%. The business's quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 EPS. Equities analysts predict that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Thursday, June 26th will be paid a $0.29 dividend. The ex-dividend date is Thursday, June 26th. This represents a $1.16 annualized dividend and a dividend yield of 3.59%. Invitation Home's payout ratio is 150.65%.

Analyst Upgrades and Downgrades

INVH has been the topic of several analyst reports. Oppenheimer raised their target price on Invitation Home from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Tuesday, May 6th. The Goldman Sachs Group boosted their target price on Invitation Home from $39.00 to $43.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Royal Bank Of Canada increased their price target on Invitation Home from $35.00 to $36.00 and gave the company a "sector perform" rating in a research report on Friday, May 2nd. Mizuho raised Invitation Home from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from $33.00 to $36.00 in a research note on Thursday, March 13th. Finally, Scotiabank raised their target price on shares of Invitation Home from $36.00 to $38.00 and gave the stock a "sector perform" rating in a report on Monday, May 12th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $37.97.

About Invitation Home

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.