84,915 Shares in Invitation Homes Inc. (NYSE:INVH) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 84,915 shares of the company's stock, valued at approximately $2,715,000.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in Invitation Homes by 21.0% during the third quarter. JPMorgan Chase & Co. now owns 6,287,830 shares of the company's stock worth $221,709,000 after purchasing an additional 1,089,281 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of Invitation Homes by 24.1% during the 4th quarter. Park Avenue Securities LLC now owns 11,352 shares of the company's stock valued at $363,000 after buying an additional 2,202 shares during the period. Exchange Traded Concepts LLC increased its holdings in shares of Invitation Homes by 19.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 11,756 shares of the company's stock worth $376,000 after buying an additional 1,948 shares during the last quarter. Presima Securities ULC raised its position in shares of Invitation Homes by 10.1% in the 4th quarter. Presima Securities ULC now owns 717,940 shares of the company's stock worth $22,953,000 after buying an additional 66,040 shares during the period. Finally, Blue Trust Inc. raised its position in shares of Invitation Homes by 28.7% in the 4th quarter. Blue Trust Inc. now owns 7,957 shares of the company's stock worth $281,000 after buying an additional 1,775 shares during the period. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on INVH. Mizuho raised Invitation Homes from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $33.00 to $36.00 in a research report on Thursday, March 13th. Barclays boosted their target price on Invitation Homes from $37.00 to $39.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. 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 report on Monday, May 5th. Oppenheimer increased their price objective on shares of Invitation Homes from $39.00 to $41.00 and gave the stock an "outperform" rating in a research 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 company 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $37.94.

Invitation Homes Stock Down 1.0%

Shares of NYSE INVH traded down $0.35 during midday trading on Thursday, reaching $33.23. 773,316 shares of the company's stock were exchanged, compared to its average volume of 3,324,024. 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 52-week low of $29.37 and a 52-week high of $37.80. The business's fifty day moving average price is $33.73 and its two-hundred day moving average price is $32.90. The stock has a market capitalization of $20.37 billion, a PE ratio of 46.73, a price-to-earnings-growth ratio of 4.70 and a beta of 0.87.

Invitation Homes (NYSE:INVH - Get Free Report) last posted its quarterly earnings data 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 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 business earned $0.47 EPS. Invitation Homes's revenue for the quarter was up 4.4% compared to the same quarter last year. Analysts forecast that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 17th were issued a $0.29 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.16 annualized dividend and a yield of 3.49%. Invitation Homes's dividend payout ratio 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.