Jump Financial LLC Purchases 27,987 Shares of Invitation Homes Inc. (NYSE:INVH)

Jump Financial LLC boosted its position in Invitation Homes Inc. (NYSE:INVH - Free Report) by 430.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,487 shares of the company's stock after purchasing an additional 27,987 shares during the period. Jump Financial LLC's holdings in Invitation Homes were worth $1,176,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in Invitation Homes by 0.7% in the third quarter. Principal Financial Group Inc. now owns 20,776,434 shares of the company's stock valued at $658,403,000 after buying an additional 138,213 shares during the period. Canada Pension Plan Investment Board boosted its position in shares of Invitation Homes by 9.6% during the 3rd quarter. Canada Pension Plan Investment Board now owns 12,335,488 shares of the company's stock valued at $390,912,000 after purchasing an additional 1,080,000 shares in the last quarter. Morgan Stanley grew its stake in Invitation Homes by 19.5% during the third quarter. Morgan Stanley now owns 8,993,919 shares of the company's stock worth $285,017,000 after purchasing an additional 1,466,330 shares during the period. Northern Trust Corp grew its stake in Invitation Homes by 2.2% during the third quarter. Northern Trust Corp now owns 7,066,681 shares of the company's stock worth $223,943,000 after purchasing an additional 151,903 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Invitation Homes by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,067,188 shares of the company's stock worth $206,952,000 after purchasing an additional 144,897 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Scotiabank boosted their target price on shares of Invitation Homes from $36.00 to $38.00 and gave the company a "sector perform" rating in a research report on Thursday. JMP Securities reiterated a "market outperform" rating and set a $40.00 price objective on shares of Invitation Homes in a report on Thursday, March 7th. Deutsche Bank Aktiengesellschaft started coverage on Invitation Homes in a research note on Tuesday, January 30th. They issued a "hold" rating and a $35.00 target price for the company. Evercore ISI reaffirmed an "in-line" rating and set a $36.00 price target on shares of Invitation Homes in a research note on Monday, March 18th. Finally, Mizuho raised their price objective on Invitation Homes from $35.00 to $37.00 and gave the company a "neutral" rating in a research note on Wednesday, March 20th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Invitation Homes currently has a consensus rating of "Moderate Buy" and an average target price of $38.24.

Insider Buying and Selling

In related 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 value of $347,500.00. Following the sale, the chief financial officer now 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 Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Jonathan S. Olsen sold 10,000 shares of Invitation Homes 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 completion of the sale, the chief financial officer now owns 37,037 shares of the company's stock, valued at approximately $1,287,035.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Charles D. Young sold 5,000 shares of the company's stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $34.85, for a total transaction of $174,250.00. Following the sale, the chief operating officer now directly owns 275,296 shares in the company, valued at $9,594,065.60. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Invitation Homes Stock Performance

Shares of INVH stock traded up $0.24 during trading on Friday, hitting $35.45. The company's stock had a trading volume of 3,208,893 shares, compared to its average volume of 3,189,317. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.53. The company has a market cap of $21.71 billion, a PE ratio of 40.47, a P/E/G ratio of 2.17 and a beta of 0.95. The business has a fifty day moving average of $34.64 and a 200-day moving average of $33.76. 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 announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.23). The business had revenue of $624.32 million during the quarter, compared to the consensus estimate of $623.51 million. Invitation Homes had a net margin of 21.75% and a return on equity of 5.29%. As a group, research 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 declared a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Thursday, March 28th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.12 annualized dividend and a yield of 3.16%. Invitation Homes's payout ratio is currently 128.74%.

About Invitation Homes

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.