Invitation Homes Inc. (NYSE:INVH) Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its position in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 101.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 665,559 shares of the company's stock after buying an additional 334,664 shares during the period. Nisa Investment Advisors LLC owned about 0.11% of Invitation Homes worth $22,702,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Harvest Portfolios Group Inc. increased its stake in Invitation Homes by 2.8% in the 1st quarter. Harvest Portfolios Group Inc. now owns 12,303 shares of the company's stock worth $384,000 after purchasing an additional 334 shares during the period. Baird Financial Group Inc. increased its stake in Invitation Homes by 2.5% in the 3rd quarter. Baird Financial Group Inc. now owns 14,330 shares of the company's stock worth $484,000 after purchasing an additional 345 shares during the period. Artemis Wealth Advisors LLC increased its stake in Invitation Homes by 8.4% in the 2nd quarter. Artemis Wealth Advisors LLC now owns 4,441 shares of the company's stock worth $153,000 after purchasing an additional 346 shares during the period. DnB Asset Management AS boosted its position in shares of Invitation Homes by 0.4% during the third quarter. DnB Asset Management AS now owns 86,932 shares of the company's stock valued at $2,755,000 after purchasing an additional 360 shares in the last quarter. Finally, Alps Advisors Inc. boosted its position in shares of Invitation Homes by 2.2% during the third quarter. Alps Advisors Inc. now owns 17,515 shares of the company's stock valued at $555,000 after purchasing an additional 372 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Homes Stock Performance

INVH stock traded up $0.57 during trading on Monday, reaching $35.34. The stock had a trading volume of 2,160,746 shares, compared to its average volume of 3,226,207. Invitation Homes Inc. has a 52 week low of $28.49 and a 52 week high of $36.53. The stock's 50 day moving average is $34.02 and its two-hundred day moving average is $33.24. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.53. The firm has a market cap of $21.65 billion, a PE ratio of 42.07, a PEG ratio of 2.06 and a beta of 0.94.

Invitation Homes (NYSE:INVH - Get Free Report) last posted its earnings results on Tuesday, February 13th. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.23). Invitation Homes had a net margin of 21.34% and a return on equity of 5.06%. The firm had revenue of $624.32 million during the quarter, compared to the consensus estimate of $623.51 million. As a group, equities analysts anticipate that Invitation Homes Inc. will post 1.83 earnings per share for the current year.

Invitation Homes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Thursday, March 28th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend is Wednesday, March 27th. Invitation Homes's dividend payout ratio (DPR) is currently 133.33%.

Insider Transactions at Invitation Homes

In other news, CFO Jonathan S. Olsen sold 10,000 shares of the firm's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $34.75, for a total value of $347,500.00. Following the transaction, the chief financial officer now owns 37,037 shares of the company's stock, valued at $1,287,035.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.30% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Morgan Stanley dropped their price target on Invitation Homes from $38.00 to $37.00 and set an "overweight" rating on the stock in a research report on Tuesday, December 26th. Oppenheimer lifted their price target on Invitation Homes from $35.00 to $40.00 and gave the company an "outperform" rating in a research report on Friday, January 5th. Keefe, Bruyette & Woods dropped their target price on Invitation Homes from $38.00 to $37.00 and set a "market perform" rating on the stock in a report on Tuesday, February 27th. KeyCorp boosted their target price on Invitation Homes from $35.00 to $38.00 and gave the stock an "overweight" rating in a report on Friday, January 5th. Finally, BNP Paribas assumed coverage on Invitation Homes in a report on Monday, January 22nd. They issued an "outperform" rating and a $39.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, Invitation Homes presently has a consensus rating of "Moderate Buy" and an average target price of $38.19.

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.