Universal Beteiligungs und Servicegesellschaft mbH Boosts Position in Invitation Home (NYSE:INVH)

Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Invitation Home (NYSE:INVH - Free Report) by 6.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 0.37% of Invitation Home worth $78,641,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Invitation Home during the fourth quarter valued at approximately $7,251,000. Commonwealth Equity Services LLC boosted its stake in Invitation Home by 5.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,345 shares of the company's stock worth $235,000 after buying an additional 412 shares during the period. Virtu Financial LLC purchased a new position in Invitation Home during the fourth quarter worth $413,000. Mizuho Securities USA LLC boosted its stake in Invitation Home by 46.2% during the fourth quarter. Mizuho Securities USA LLC now owns 53,997 shares of the company's stock worth $1,726,000 after buying an additional 17,054 shares during the period. Finally, American Century Companies Inc. boosted its stake in Invitation Home by 46.8% during the fourth quarter. American Century Companies Inc. now owns 1,242,939 shares of the company's stock worth $39,737,000 after buying an additional 396,319 shares during the period. Hedge funds and other institutional investors own 96.79% of the company's stock.

Insider Activity at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the business's stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $33.41, for a total value of $4,969,704.09. Following the completion of the transaction, the chief executive officer owned 642,973 shares in the company, valued at $21,481,727.93. The trade was a 18.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.29% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Barclays reiterated an "overweight" rating on shares of Invitation Home in a research report on Tuesday, July 15th. Keefe, Bruyette & Woods upped their price objective on Invitation Home from $36.00 to $37.00 and gave the stock a "market perform" rating in a research report on Monday, May 5th. Scotiabank upped their price objective on Invitation Home from $36.00 to $38.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Citigroup raised Invitation Home from a "neutral" rating to a "buy" rating and increased their price objective for the company from $35.00 to $38.50 in a research note on Friday, June 6th. Finally, Raymond James Financial increased their price objective on Invitation Home from $36.00 to $39.00 and gave the company an "outperform" rating in a research note on Friday, May 9th. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $37.97.

Invitation Home Stock Performance

Shares of Invitation Home stock traded down $0.15 during trading on Friday, reaching $31.98. The company's stock had a trading volume of 1,765,584 shares, compared to its average volume of 3,193,983. 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 business's fifty day moving average price is $33.06 and its 200-day moving average price is $32.86. The firm has a market cap of $19.60 billion, a price-to-earnings ratio of 41.53, a price-to-earnings-growth ratio of 2.43 and a beta of 0.80. Invitation Home has a one year low of $29.37 and a one year high of $37.80.

Invitation Home (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 analysts' consensus estimates of $0.47 by $0.01. The business had revenue of $674.48 million for the quarter, compared to the consensus estimate of $663.77 million. Invitation Home had a return on equity of 4.82% and a net margin of 18.01%. The firm's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the business earned $0.47 earnings per share. As a group, equities research analysts predict that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Thursday, June 26th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 3.63%. The ex-dividend date was Thursday, June 26th. Invitation Home's payout ratio is currently 150.65%.

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.