UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $17.57 Million Stock Holdings in Invitation Homes Inc. (NYSE:INVH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 90.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 549,431 shares of the company's stock after selling 4,970,172 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.09% of Invitation Homes worth $17,565,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Lindbrook Capital LLC boosted its holdings in Invitation Homes by 58.4% in the fourth quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock worth $29,000 after purchasing an additional 329 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of Invitation Homes 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 in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Homes 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 acquiring an additional 378 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Invitation Homes 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 acquiring an additional 702 shares during the last quarter. Finally, Center for Financial Planning Inc. bought a new position in shares of Invitation Homes in the 4th quarter valued at approximately $48,000. Institutional investors own 96.79% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on INVH shares. Raymond James upped their target price on Invitation Homes from $36.00 to $39.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Royal Bank of Canada boosted their price objective on shares of Invitation Homes from $35.00 to $36.00 and gave the stock a "sector perform" rating in a research note on Friday, May 2nd. Mizuho raised shares of Invitation Homes from a "neutral" rating to an "outperform" rating and upped their price objective for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Keefe, Bruyette & Woods lifted their target price on shares of Invitation Homes from $36.00 to $37.00 and gave the stock a "market perform" rating in a report on Monday, May 5th. Finally, The Goldman Sachs Group boosted their target price on shares of Invitation Homes from $39.00 to $43.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $37.94.

Invitation Homes Stock Performance

Shares of NYSE:INVH traded down $0.04 on Monday, hitting $33.66. 2,782,483 shares of the company were exchanged, compared to its average volume of 3,383,022. The company's 50 day moving average price is $33.61 and its two-hundred day moving average price is $32.90. The firm has a market capitalization of $20.63 billion, a price-to-earnings ratio of 47.41, a PEG ratio of 4.70 and a beta of 0.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current 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 issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. The firm had revenue of $674.48 million for the quarter, compared to analyst estimates of $663.77 million. During the same period in the previous year, the company posted $0.47 earnings per share. The company's quarterly revenue was up 4.4% compared to the same quarter last year. Research analysts expect that Invitation Homes Inc. will post 1.83 earnings per share for the current year.

Invitation Homes Dividend Announcement

The company 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. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date was Thursday, March 27th. Invitation Homes's dividend payout ratio is presently 150.65%.

Invitation Homes Company 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.