Invitation Home (NYSE:INVH) Shares Acquired by Robeco Schweiz AG

Robeco Schweiz AG grew its holdings in shares of Invitation Home (NYSE:INVH - Free Report) by 42.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 344,000 shares of the company's stock after buying an additional 103,000 shares during the period. Robeco Schweiz AG owned 0.06% of Invitation Home worth $11,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its position in shares of Invitation Home by 58.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company's stock valued at $33,000 after purchasing an additional 378 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Invitation Home by 78.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,836 shares of the company's stock valued at $59,000 after purchasing an additional 806 shares during the period. Assetmark Inc. boosted its position in shares of Invitation Home by 179.5% in the 4th quarter. Assetmark Inc. now owns 3,650 shares of the company's stock valued at $117,000 after purchasing an additional 2,344 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Invitation Home in the 4th quarter valued at about $867,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Invitation Home in the 4th quarter valued at about $7,251,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Raymond James Financial upped their target price on Invitation Home from $36.00 to $39.00 and gave the company an "outperform" rating in a research report on Friday, May 9th. Citigroup raised Invitation Home from a "neutral" rating to a "buy" rating and upped their target price for the company from $35.00 to $38.50 in a research report on Friday, June 6th. The Goldman Sachs Group upped their target price on Invitation Home from $39.00 to $43.00 and gave the company a "buy" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods upped their price objective on Invitation Home from $36.00 to $37.00 and gave the company a "market perform" rating in a research note on Monday, May 5th. Finally, Oppenheimer upped their price objective on Invitation Home from $39.00 to $41.00 and gave the company an "outperform" rating in a research note on Tuesday, May 6th. Nine equities research 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, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $37.97.

Invitation Home Stock Performance

Shares of INVH stock traded down $0.04 during trading hours on Friday, reaching $32.34. 2,394,757 shares of the company's stock were exchanged, compared to its average volume of 3,392,891. The company has a market cap of $19.82 billion, a P/E ratio of 42.00, a price-to-earnings-growth ratio of 3.21 and a beta of 0.80. The company's 50 day moving average is $33.45 and its two-hundred day moving average is $32.84. Invitation Home has a 1 year low of $29.37 and a 1 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.

Invitation Home (NYSE:INVH - Get Free Report) last issued its earnings results 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 business had revenue of $674.48 million during the quarter, compared to the consensus estimate of $663.77 million. Invitation Home had a return on equity of 4.82% and a net margin of 18.01%. The company's revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 EPS. Equities research analysts anticipate that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm 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 dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Thursday, June 26th. Invitation Home's dividend payout ratio (DPR) is 150.65%.

Insider Buying and Selling at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the company'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 sale, the chief executive officer 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 legal filing with the SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

Invitation Home 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.