Mufg Securities Americas Inc. Buys New Holdings in Invitation Homes Inc. (NYSE:INVH)

Mufg Securities Americas Inc. acquired a new stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,411 shares of the company's stock, valued at approximately $269,000.

A number of other hedge funds have also recently modified their holdings of INVH. Nomura Holdings Inc. bought a new stake in Invitation Homes during the 4th quarter valued at about $2,715,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Invitation Homes by 0.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109,180 shares of the company's stock worth $3,490,000 after purchasing an additional 512 shares in the last quarter. Gotham Asset Management LLC increased its holdings in shares of Invitation Homes by 177.6% in the fourth quarter. Gotham Asset Management LLC now owns 45,702 shares of the company's stock worth $1,461,000 after purchasing an additional 29,241 shares during the last quarter. Focus Partners Wealth purchased a new position in shares of Invitation Homes in the 4th quarter worth $1,663,000. Finally, FORA Capital LLC bought a new stake in Invitation Homes during the fourth quarter worth approximately $265,000. Institutional investors own 96.79% of the company's stock.

Invitation Homes Trading Down 1.2%

Shares of NYSE INVH traded down $0.40 during trading on Thursday, hitting $33.18. 919,461 shares of the company were exchanged, compared to its average volume of 3,099,533. 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 12-month low of $29.37 and a 12-month high of $37.80. The company has a fifty day moving average price of $33.73 and a 200-day moving average price of $32.90. The firm has a market capitalization of $20.34 billion, a PE ratio of 46.70, a P/E/G ratio of 4.70 and a beta of 0.87.

Invitation Homes (NYSE:INVH - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. The firm had revenue of $674.48 million for the quarter, compared to analyst estimates of $663.77 million. During the same quarter in the previous year, the company earned $0.47 EPS. The business's revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, equities research analysts expect that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 17th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date was Thursday, March 27th. Invitation Homes's payout ratio is 150.65%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Raymond James raised their price objective on shares of Invitation Homes 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 boosted their price objective on shares of Invitation Homes from $39.00 to $43.00 and gave the company a "buy" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods lifted their price target on shares of Invitation Homes from $36.00 to $37.00 and gave the company a "market perform" rating in a research note on Monday, May 5th. Scotiabank raised their price objective on Invitation Homes from $36.00 to $38.00 and gave the stock a "sector perform" rating in a report on Monday, May 12th. Finally, Mizuho upgraded Invitation Homes from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $37.94.

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.