Siemens Fonds Invest GmbH Has $617,000 Stock Position in Invitation Homes Inc. (NYSE:INVH)

Siemens Fonds Invest GmbH grew its stake in Invitation Homes Inc. (NYSE:INVH - Free Report) by 201.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,291 shares of the company's stock after purchasing an additional 12,891 shares during the period. Siemens Fonds Invest GmbH's holdings in Invitation Homes were worth $617,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. lifted its stake in Invitation Homes by 179.5% in the 4th quarter. Assetmark Inc. now owns 3,650 shares of the company's stock valued at $117,000 after buying an additional 2,344 shares in the last quarter. Capital World Investors purchased a new position in shares of Invitation Homes in the fourth quarter valued at approximately $4,891,000. Charles Schwab Investment Management Inc. increased its position in shares of Invitation Homes by 0.5% during the fourth 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. OFI Invest Asset Management purchased a new position in Invitation Homes in the 4th quarter valued at $595,000. Finally, Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Invitation Homes by 0.8% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,597,177 shares of the company's stock worth $178,942,000 after buying an additional 44,945 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Raymond James lifted their price objective on Invitation Homes from $36.00 to $39.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Oppenheimer raised their price objective on shares of Invitation Homes from $39.00 to $41.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. The Goldman Sachs Group boosted their target price on shares of Invitation Homes from $39.00 to $43.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Morgan Stanley lowered Invitation Homes from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $39.00 to $35.00 in a research report on Friday, January 24th. Finally, Keefe, Bruyette & Woods lifted their target price on Invitation Homes from $36.00 to $37.00 and gave the company a "market perform" rating in a research report on Monday, May 5th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $37.94.

Invitation Homes Price Performance

Shares of NYSE INVH traded down $0.29 during midday trading on Friday, reaching $32.82. The company's stock had a trading volume of 557,472 shares, compared to its average volume of 3,329,470. Invitation Homes Inc. has a one year low of $29.37 and a one year high of $37.80. The company has a 50 day moving average price of $33.71 and a 200 day moving average price of $32.91. The company has a market cap of $20.11 billion, a price-to-earnings ratio of 46.16, a price-to-earnings-growth ratio of 4.70 and a beta of 0.87. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54.

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

Invitation Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 17th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend was Thursday, March 27th. Invitation Homes's dividend payout ratio (DPR) is 150.65%.

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.