Invitation Homes Inc. (NYSE:INVH) Stock Holdings Decreased by Mattson Financial Services LLC

Mattson Financial Services LLC reduced its holdings in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 68.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,074 shares of the company's stock after selling 9,006 shares during the quarter. Mattson Financial Services LLC's holdings in Invitation Homes were worth $144,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of INVH. Norges Bank purchased a new position in shares of Invitation Homes in the fourth quarter valued at $1,646,794,000. JPMorgan Chase & Co. boosted its stake in shares of Invitation Homes by 74.1% in the fourth quarter. JPMorgan Chase & Co. now owns 10,949,043 shares of the company's stock valued at $350,041,000 after purchasing an additional 4,661,213 shares during the period. Centersquare Investment Management LLC boosted its stake in shares of Invitation Homes by 42.9% in the fourth quarter. Centersquare Investment Management LLC now owns 12,898,533 shares of the company's stock valued at $412,366,000 after purchasing an additional 3,870,432 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Invitation Homes in the fourth quarter valued at $67,743,000. Finally, Northern Trust Corp boosted its stake in shares of Invitation Homes by 27.3% in the fourth quarter. Northern Trust Corp now owns 6,820,769 shares of the company's stock valued at $218,060,000 after purchasing an additional 1,463,236 shares during the period. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on INVH shares. The Goldman Sachs Group upped their price target on shares of Invitation Homes from $39.00 to $43.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Oppenheimer upped their price target on shares of Invitation Homes from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Barclays upped their price target on shares of Invitation Homes from $37.00 to $39.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Keefe, Bruyette & Woods increased their target price on shares of Invitation Homes from $36.00 to $37.00 and gave the stock a "market perform" rating in a report on Monday, May 5th. Finally, Mizuho raised shares of Invitation Homes from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Invitation Homes currently has a consensus rating of "Hold" and an average target price of $37.94.

Invitation Homes Price Performance

INVH traded up $0.19 on Friday, reaching $33.69. The company had a trading volume of 6,013,580 shares, compared to its average volume of 3,387,218. The company has a fifty day moving average of $33.62 and a 200-day moving average of $32.91. The company has a market capitalization of $20.65 billion, a P/E ratio of 47.45, a PEG ratio of 4.70 and a beta of 0.87. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. Invitation Homes Inc. has a one year low of $29.37 and a one year high of $37.80.

Invitation Homes (NYSE:INVH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The company had revenue of $674.48 million for the quarter, compared to analysts' expectations of $663.77 million. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. The business's revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS. As a group, equities research analysts anticipate that Invitation Homes Inc. will post 1.83 earnings per share for the current year.

Invitation Homes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 17th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend was Thursday, March 27th. Invitation Homes's dividend payout ratio (DPR) is currently 150.65%.

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.