2,118,942 Shares in Invitation Homes Inc. (NYSE:INVH) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,118,942 shares of the company's stock, valued at approximately $67,743,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.35% of Invitation Homes as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cohen & Steers Inc. grew its stake in shares of Invitation Homes by 1.7% in the 4th quarter. Cohen & Steers Inc. now owns 61,645,138 shares of the company's stock valued at $1,970,744,000 after purchasing an additional 1,019,377 shares during the last quarter. Norges Bank acquired a new position in shares of Invitation Homes during the 4th quarter worth $1,646,794,000. Geode Capital Management LLC grew its position in shares of Invitation Homes by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 15,059,390 shares of the company's stock valued at $480,276,000 after purchasing an additional 365,954 shares during the last quarter. Centersquare Investment Management LLC raised its holdings in shares of Invitation Homes by 42.9% in the fourth quarter. Centersquare Investment Management LLC now owns 12,898,533 shares of the company's stock worth $412,366,000 after acquiring an additional 3,870,432 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Invitation Homes by 74.1% in the 4th quarter. JPMorgan Chase & Co. now owns 10,949,043 shares of the company's stock valued at $350,041,000 after purchasing an additional 4,661,213 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Invitation Homes Trading Up 0.7%

Shares of INVH stock traded up $0.24 during trading hours on Thursday, hitting $33.44. 4,070,642 shares of the company's stock traded hands, compared to its average volume of 3,369,007. Invitation Homes Inc. has a 12 month low of $29.37 and a 12 month high of $37.80. The stock's 50 day simple moving average is $33.65 and its 200 day simple moving average is $32.91. The stock has a market cap of $20.50 billion, a PE ratio of 47.10, a price-to-earnings-growth ratio of 4.70 and a beta of 0.87. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54.

Invitation Homes (NYSE:INVH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping 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 business had revenue of $674.48 million for the quarter, compared to analyst estimates of $663.77 million. During the same quarter in the prior year, the company earned $0.47 earnings per share. The company's quarterly revenue was up 4.4% on a year-over-year basis. On average, sell-side analysts anticipate that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 17th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.16 annualized dividend and a yield of 3.47%. Invitation Homes's dividend payout ratio is currently 150.65%.

Wall Street Analyst Weigh In

INVH has been the topic of several recent analyst reports. Scotiabank increased their target price on Invitation Homes from $36.00 to $38.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Keefe, Bruyette & Woods lifted their price target on shares of Invitation Homes from $36.00 to $37.00 and gave the stock a "market perform" rating in a research note on Monday, May 5th. Oppenheimer increased their price target on Invitation Homes from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Mizuho raised shares of Invitation Homes from a "neutral" rating to an "outperform" rating and lifted their price objective for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Finally, Barclays upped their price objective on Invitation Homes from $37.00 to $39.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $37.94.

Invitation Homes 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.