SG Americas Securities LLC Boosts Stock Position in Invitation Home (NYSE:INVH)

SG Americas Securities LLC boosted its position in shares of Invitation Home (NYSE:INVH - Free Report) by 68.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 22,369 shares of the company's stock after purchasing an additional 9,125 shares during the quarter. SG Americas Securities LLC's holdings in Invitation Home were worth $780,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Lindbrook Capital LLC lifted its stake in Invitation Home by 58.4% during the 4th quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock valued at $29,000 after acquiring an additional 329 shares during the period. SRS Capital Advisors Inc. raised its stake in Invitation Home by 654.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 951 shares of the company's stock worth $30,000 after acquiring an additional 825 shares during the period. Smartleaf Asset Management LLC grew its holdings in Invitation Home by 58.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company's stock valued at $33,000 after buying an additional 378 shares in the last quarter. Allworth Financial LP grew its holdings in Invitation Home by 101.2% during the 4th quarter. Allworth Financial LP now owns 1,396 shares of the company's stock valued at $43,000 after buying an additional 702 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Invitation Home by 78.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,836 shares of the company's stock valued at $59,000 after buying an additional 806 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Invitation Home

In other Invitation Home news, CEO Dallas B. Tanner sold 148,749 shares of Invitation Home stock in a transaction dated 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 now owns 642,973 shares in the company, valued at $21,481,727.93. The trade was a 18.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is currently owned by corporate insiders.

Invitation Home Stock Up 0.9%

Shares of INVH stock traded up $0.32 on Monday, hitting $34.05. The stock had a trading volume of 2,971,126 shares, compared to its average volume of 3,384,879. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average price of $33.80 and a 200 day moving average price of $32.84. The company has a market cap of $20.87 billion, a PE ratio of 44.21, a P/E/G ratio of 3.26 and a beta of 0.82. Invitation Home has a one year low of $29.37 and a one year high of $37.80.

Invitation Home (NYSE:INVH - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. The firm 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 firm's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 earnings per share. Research analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Thursday, June 26th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $1.16 annualized dividend and a dividend yield of 3.41%. Invitation Home's payout ratio is currently 150.65%.

Analyst Upgrades and Downgrades

INVH has been the subject of a number of recent research reports. Oppenheimer raised their target price on shares of Invitation Home from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods raised their price target on Invitation Home from $36.00 to $37.00 and gave the stock a "market perform" rating in a research report on Monday, May 5th. Raymond James Financial raised their price target on Invitation Home from $36.00 to $39.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Mizuho upgraded Invitation Home from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $33.00 to $36.00 in a research report on Thursday, March 13th. Finally, Royal Bank Of Canada raised 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. Nine investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $37.97.

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.