Rothschild Investment LLC Decreases Holdings in Invitation Homes Inc. (NYSE:INVH)

Rothschild Investment LLC reduced its position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 98.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,691 shares of the company's stock after selling 180,399 shares during the quarter. Rothschild Investment LLC's holdings in Invitation Homes were worth $129,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in 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 purchasing an additional 2,344 shares in the last quarter. Capital World Investors bought a new stake in Invitation Homes during the 4th quarter worth approximately $4,891,000. Toronto Dominion Bank increased its holdings in Invitation Homes by 6.6% during the 4th quarter. Toronto Dominion Bank now owns 306,352 shares of the company's stock worth $9,794,000 after purchasing an additional 19,084 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Invitation Homes by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,598,451 shares of the company's stock worth $210,952,000 after purchasing an additional 31,184 shares in the last quarter. Finally, OFI Invest Asset Management bought a new stake in Invitation Homes during the 4th quarter worth approximately $595,000. 96.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Invitation Homes Price Performance

Shares of INVH stock traded down $0.17 on Wednesday, reaching $33.28. The company's stock had a trading volume of 3,168,364 shares, compared to its average volume of 3,391,509. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54. Invitation Homes Inc. has a 12-month low of $29.37 and a 12-month high of $37.80. The company has a market capitalization of $20.40 billion, a P/E ratio of 46.87, a PEG ratio of 4.70 and a beta of 0.87. The stock's 50 day simple moving average is $33.60 and its 200-day simple moving average is $32.90.

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

Invitation Homes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 17th were paid a $0.29 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.16 annualized dividend and a dividend yield of 3.49%. Invitation Homes's payout ratio is presently 150.65%.

Invitation Homes Company 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.