Invitation Homes Inc. (NYSE:INVH) Holdings Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in shares of Invitation Homes Inc. (NYSE:INVH - Free Report) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,067,188 shares of the company's stock after purchasing an additional 144,897 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.99% of Invitation Homes worth $206,952,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of INVH. Morgan Stanley raised its holdings in Invitation Homes by 19.5% in the third quarter. Morgan Stanley now owns 8,993,919 shares of the company's stock worth $285,017,000 after buying an additional 1,466,330 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in Invitation Homes by 9.6% in the third quarter. Canada Pension Plan Investment Board now owns 12,335,488 shares of the company's stock worth $390,912,000 after buying an additional 1,080,000 shares during the last quarter. Barclays PLC raised its holdings in Invitation Homes by 79.6% in the third quarter. Barclays PLC now owns 1,996,051 shares of the company's stock worth $63,259,000 after buying an additional 884,702 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Invitation Homes by 17.4% during the fourth quarter. Russell Investments Group Ltd. now owns 4,747,096 shares of the company's stock valued at $162,238,000 after purchasing an additional 704,351 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its holdings in shares of Invitation Homes by 262.8% during the third quarter. Schonfeld Strategic Advisors LLC now owns 728,735 shares of the company's stock valued at $23,094,000 after purchasing an additional 527,876 shares during the last quarter. Institutional investors own 96.79% of the company's stock.

Invitation Homes Trading Up 0.8 %

INVH stock traded up $0.28 during trading on Thursday, hitting $34.98. The company had a trading volume of 2,143,103 shares, compared to its average volume of 3,211,372. The company has a 50 day simple moving average of $34.60 and a 200-day simple moving average of $33.57. The firm has a market capitalization of $21.43 billion, a P/E ratio of 39.89, a PEG ratio of 2.03 and a beta of 0.95. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.53. Invitation Homes Inc. has a 52-week low of $28.49 and a 52-week high of $36.53.

Invitation Homes (NYSE:INVH - Get Free Report) last released its earnings results on Tuesday, February 13th. The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.23). Invitation Homes had a return on equity of 5.29% and a net margin of 21.75%. The company had revenue of $624.32 million during the quarter, compared to analyst estimates of $623.51 million. As a group, research analysts forecast that Invitation Homes Inc. will post 1.83 earnings per share for the current fiscal year.

Invitation Homes Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 28th were issued a $0.28 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.12 annualized dividend and a dividend yield of 3.20%. Invitation Homes's dividend payout ratio (DPR) is presently 128.74%.

Insider Transactions at Invitation Homes

In other news, CFO Jonathan S. Olsen sold 10,000 shares of Invitation Homes stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $34.75, for a total transaction of $347,500.00. Following the completion of the transaction, the chief financial officer now directly owns 37,037 shares of the company's stock, valued at approximately $1,287,035.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.28% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on INVH. Deutsche Bank Aktiengesellschaft began coverage on shares of Invitation Homes in a report on Tuesday, January 30th. They set a "hold" rating and a $35.00 price objective for the company. Evercore ISI reissued an "in-line" rating and set a $36.00 price objective on shares of Invitation Homes in a report on Monday, March 18th. Mizuho upped their target price on shares of Invitation Homes from $35.00 to $37.00 and gave the company a "neutral" rating in a report on Wednesday, March 20th. JMP Securities reaffirmed a "market outperform" rating and set a $40.00 target price on shares of Invitation Homes in a report on Thursday, March 7th. Finally, BNP Paribas assumed coverage on shares of Invitation Homes in a report on Monday, January 22nd. They set an "outperform" rating and a $39.00 target price for the company. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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.