Universal Beteiligungs und Servicegesellschaft mbH Purchases 137,614 Shares of Invitation Home (NYSE:INVH)

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Invitation Home (NYSE:INVH - Free Report) by 6.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,256,556 shares of the company's stock after purchasing an additional 137,614 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.37% of Invitation Home worth $78,641,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Norges Bank purchased a new position in Invitation Home during the fourth quarter worth approximately $1,646,794,000. JPMorgan Chase & Co. raised its stake in Invitation Home by 74.1% during the fourth quarter. JPMorgan Chase & Co. now owns 10,949,043 shares of the company's stock worth $350,041,000 after purchasing an additional 4,661,213 shares during the period. Centersquare Investment Management LLC raised its stake in shares of Invitation Home by 42.9% in the 4th quarter. Centersquare Investment Management LLC now owns 12,898,533 shares of the company's stock valued at $412,366,000 after acquiring an additional 3,870,432 shares during the period. Northern Trust Corp raised its stake in shares of Invitation Home by 27.3% in the 4th quarter. Northern Trust Corp now owns 6,820,769 shares of the company's stock valued at $218,060,000 after acquiring an additional 1,463,236 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of Invitation Home by 110.1% in the 4th quarter. BNP Paribas Financial Markets now owns 2,158,395 shares of the company's stock valued at $69,004,000 after acquiring an additional 1,131,029 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the company's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $33.41, for a total transaction of $4,969,704.09. Following the completion of the transaction, the chief executive officer directly owned 642,973 shares in the company, valued at $21,481,727.93. This represents a 18.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.29% of the company's stock.

Invitation Home Stock Performance

Shares of NYSE INVH traded down $0.34 during midday trading on Thursday, hitting $32.15. The company's stock had a trading volume of 2,630,690 shares, compared to its average volume of 3,202,540. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.02 and a current ratio of 0.02. The firm's fifty day moving average price is $33.10 and its 200-day moving average price is $32.85. The firm has a market cap of $19.70 billion, a P/E ratio of 41.75, a P/E/G ratio of 2.43 and a beta of 0.80. Invitation Home has a 1-year low of $29.37 and a 1-year high of $37.80.

Invitation Home (NYSE:INVH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.01. Invitation Home had a net margin of 18.01% and a return on equity of 4.82%. The company had revenue of $674.48 million for the quarter, compared to the consensus estimate of $663.77 million. During the same period in the previous year, the firm earned $0.47 EPS. Invitation Home's revenue was up 4.4% on a year-over-year basis. On average, sell-side analysts forecast that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Thursday, June 26th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.61%. The ex-dividend date was Thursday, June 26th. Invitation Home's dividend payout ratio is 150.65%.

Analysts Set New Price Targets

A number of brokerages have recently commented on INVH. 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 research note on Tuesday, May 6th. Raymond James Financial lifted their price target on shares of Invitation Home from $36.00 to $39.00 and gave the stock an "outperform" rating in a research note on Friday, May 9th. The Goldman Sachs Group lifted their price target on shares of Invitation Home from $39.00 to $43.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Barclays reaffirmed an "overweight" rating on shares of Invitation Home in a research note on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Invitation Home from $36.00 to $37.00 and gave the stock a "market perform" rating in a research note on Monday, May 5th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Invitation Home currently has a consensus rating of "Moderate Buy" and an average price target of $37.97.

About Invitation Home

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.