Unigestion Holding SA Has $1.93 Million Stake in Invitation Homes Inc. (NYSE:INVH)

Unigestion Holding SA grew its position in Invitation Homes Inc. (NYSE:INVH - Free Report) by 98.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 55,469 shares of the company's stock after buying an additional 27,469 shares during the period. Unigestion Holding SA's holdings in Invitation Homes were worth $1,933,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Lindbrook Capital LLC boosted its stake in Invitation Homes by 58.4% in the 4th quarter. Lindbrook Capital LLC now owns 892 shares of the company's stock worth $29,000 after purchasing an additional 329 shares during the period. SRS Capital Advisors Inc. boosted its position in shares of Invitation Homes by 654.8% during the fourth quarter. SRS Capital Advisors Inc. now owns 951 shares of the company's stock worth $30,000 after buying an additional 825 shares during the period. Smartleaf Asset Management LLC lifted its stake in Invitation Homes 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 acquiring an additional 378 shares in the last quarter. Allworth Financial LP boosted its position in Invitation Homes by 101.2% during the 4th quarter. Allworth Financial LP now owns 1,396 shares of the company's stock worth $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 during the 4th quarter worth approximately $48,000. Institutional investors own 96.79% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INVH. Scotiabank raised their target price on shares of Invitation Homes from $36.00 to $38.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Royal Bank of Canada increased their price target on Invitation Homes from $35.00 to $36.00 and gave the company a "sector perform" rating in a research note on Friday, May 2nd. Raymond James lifted their price objective on shares of Invitation Homes from $36.00 to $39.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Oppenheimer upped their price objective on shares of Invitation Homes from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Finally, The Goldman Sachs Group raised their target price on shares of Invitation Homes from $39.00 to $43.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $37.94.

Invitation Homes Price Performance

Shares of Invitation Homes stock traded down $0.34 on Thursday, reaching $32.90. 2,846,146 shares of the stock were exchanged, compared to its average volume of 3,389,196. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market cap of $20.17 billion, a PE ratio of 46.34, a P/E/G ratio of 4.70 and a beta of 0.87. The firm's 50 day moving average is $33.57 and its 200-day moving average is $32.90. 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 released its earnings results on Wednesday, April 30th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm 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%. The company's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 earnings per share. As a group, analysts anticipate that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Dividend Announcement

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