Quantinno Capital Management LP Has $714,000 Holdings in Invitation Homes Inc. (NYSE:INVH)

Quantinno Capital Management LP lessened its stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 38.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,339 shares of the company's stock after selling 13,845 shares during the quarter. Quantinno Capital Management LP's holdings in Invitation Homes were worth $714,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of INVH. JPMorgan Chase & Co. grew its stake in shares of Invitation Homes by 21.0% during the third 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. Park Avenue Securities LLC grew its stake in shares of Invitation Homes by 24.1% during the fourth quarter. Park Avenue Securities LLC now owns 11,352 shares of the company's stock worth $363,000 after buying an additional 2,202 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Invitation Homes by 19.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 11,756 shares of the company's stock worth $376,000 after purchasing an additional 1,948 shares during the last quarter. Presima Securities ULC increased its holdings in Invitation Homes by 10.1% in the fourth quarter. Presima Securities ULC now owns 717,940 shares of the company's stock valued at $22,953,000 after purchasing an additional 66,040 shares during the period. Finally, Blue Trust Inc. increased its holdings in Invitation Homes by 28.7% in the fourth quarter. Blue Trust Inc. now owns 7,957 shares of the company's stock valued at $281,000 after purchasing an additional 1,775 shares during the period. Institutional investors own 96.79% of the company's stock.

Invitation Homes Stock Down 0.4%

Shares of INVH stock traded down $0.14 on Thursday, reaching $33.06. 571,505 shares of the company were exchanged, compared to its average volume of 3,355,544. The company has a market cap of $20.27 billion, a price-to-earnings ratio of 46.63, a PEG ratio of 4.70 and a beta of 0.87. The company has a 50-day moving average of $33.65 and a 200-day moving average of $32.91. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.24 and a quick ratio of 0.24. 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 released 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 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 EPS. Analysts anticipate that Invitation Homes Inc. will post 1.83 earnings per share for the current year.

Invitation Homes Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 17th were given a dividend of $0.29 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.51%. Invitation Homes's dividend payout ratio (DPR) is presently 150.65%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on INVH. Oppenheimer increased their price objective 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. Scotiabank increased their price objective on Invitation Homes from $36.00 to $38.00 and gave the company a "sector perform" rating in a report on Monday, May 12th. Barclays increased their price objective on Invitation Homes from $37.00 to $39.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Finally, Mizuho upgraded 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. Nine equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Invitation Homes has an average rating of "Hold" and a consensus target price of $37.94.

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.