Robeco Schweiz AG Purchases 103,000 Shares of Invitation Home (NYSE:INVH)

Robeco Schweiz AG lifted its position in shares of Invitation Home (NYSE:INVH - Free Report) by 42.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 344,000 shares of the company's stock after buying an additional 103,000 shares during the period. Robeco Schweiz AG owned about 0.06% of Invitation Home worth $11,988,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Brown Advisory Inc. acquired a new position in shares of Invitation Home during the 1st quarter worth approximately $226,000. Global Wealth Management Investment Advisory Inc. lifted its stake in Invitation Home by 7.7% in the first quarter. Global Wealth Management Investment Advisory Inc. now owns 21,473 shares of the company's stock valued at $748,000 after acquiring an additional 1,536 shares during the last quarter. IFM Investors Pty Ltd grew its position in shares of Invitation Home by 3.0% in the 1st quarter. IFM Investors Pty Ltd now owns 275,917 shares of the company's stock valued at $9,729,000 after acquiring an additional 8,009 shares during the period. GF Fund Management CO. LTD. increased its stake in shares of Invitation Home by 4.2% during the 1st quarter. GF Fund Management CO. LTD. now owns 11,023 shares of the company's stock worth $384,000 after purchasing an additional 448 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its holdings in shares of Invitation Home by 25.2% in the 1st quarter. Checchi Capital Advisers LLC now owns 12,451 shares of the company's stock valued at $434,000 after purchasing an additional 2,504 shares during the period. 96.79% of the stock is owned by institutional investors and hedge funds.

Invitation Home Trading Up 0.3%

NYSE INVH opened at $32.38 on Friday. Invitation Home has a one year low of $29.37 and a one year high of $37.80. 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 business has a 50 day simple moving average of $33.51 and a 200 day simple moving average of $32.84. The stock has a market capitalization of $19.85 billion, a P/E ratio of 42.05, a P/E/G ratio of 3.21 and a beta of 0.80.

Invitation Home (NYSE:INVH - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.01. Invitation Home had a return on equity of 4.82% and a net margin of 18.01%. The business had revenue of $674.48 million during the quarter, compared to analyst estimates of $663.77 million. During the same period in the previous year, the company posted $0.47 EPS. The firm's revenue was up 4.4% compared to the same quarter last year. Research analysts expect that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently announced 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 3.58%. Invitation Home's payout ratio is 150.65%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on INVH. Royal Bank Of Canada boosted their price target on Invitation Home from $35.00 to $36.00 and gave the stock 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 boosted their target price for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Citigroup raised shares of Invitation Home from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $35.00 to $38.50 in a report on Friday, June 6th. Keefe, Bruyette & Woods increased their price target on shares of Invitation Home from $36.00 to $37.00 and gave the company a "market perform" rating in a report on Monday, May 5th. Finally, Scotiabank raised their price objective on shares of Invitation Home from $36.00 to $38.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $37.97.

Insiders Place Their Bets

In other news, CEO Dallas B. Tanner sold 148,749 shares of the business's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $33.41, for a total value of $4,969,704.09. Following the transaction, the chief executive officer owned 642,973 shares in the company, valued at $21,481,727.93. The trade was a 18.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.29% of the company's stock.

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.

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