Susquehanna Fundamental Investments LLC Makes New Investment in Invitation Homes Inc. (NYSE:INVH)

Susquehanna Fundamental Investments LLC bought a new stake in Invitation Homes Inc. (NYSE:INVH - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 77,554 shares of the company's stock, valued at approximately $2,479,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tidal Investments LLC raised its holdings in shares of Invitation Homes by 39.0% in the 3rd quarter. Tidal Investments LLC now owns 22,878 shares of the company's stock valued at $807,000 after buying an additional 6,419 shares during the period. JPMorgan Chase & Co. lifted its position in shares of 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 in the last quarter. Czech National Bank boosted its stake in shares of Invitation Homes by 6.4% in the fourth quarter. Czech National Bank now owns 123,528 shares of the company's stock valued at $3,949,000 after purchasing an additional 7,472 shares during the period. Park Avenue Securities LLC grew its holdings in shares of Invitation Homes by 24.1% in the fourth quarter. Park Avenue Securities LLC now owns 11,352 shares of the company's stock valued at $363,000 after purchasing an additional 2,202 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in 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 period. Hedge funds and other institutional investors own 96.79% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Invitation Homes from a "buy" rating to a "hold" rating and dropped their price target for the stock from $41.00 to $33.00 in a research note on Tuesday, January 21st. Morgan Stanley downgraded Invitation Homes from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $39.00 to $35.00 in a report on Friday, January 24th. Barclays reaffirmed an "overweight" rating and issued a $37.00 price target (up previously from $36.00) on shares of Invitation Homes in a research report on Wednesday, March 12th. Jefferies Financial Group lowered shares of Invitation Homes from a "buy" rating to a "hold" rating and cut their target price for the stock from $39.00 to $33.00 in a research note on Thursday, January 2nd. Finally, Raymond James decreased their price target on shares of Invitation Homes from $40.00 to $36.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Invitation Homes has a consensus rating of "Hold" and a consensus price target of $37.50.

Invitation Homes Stock Performance

INVH traded up $0.34 during trading on Friday, hitting $35.45. 3,434,622 shares of the stock were exchanged, compared to its average volume of 3,347,287. The firm has a market capitalization of $21.73 billion, a P/E ratio of 49.93, a PEG ratio of 4.70 and a beta of 0.86. Invitation Homes Inc. has a 1-year low of $29.37 and a 1-year high of $37.80. The stock has a fifty day moving average price of $33.54 and a two-hundred day moving average price of $32.83. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54.

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. The firm had revenue of $674.48 million during the quarter, compared to the consensus estimate of $663.77 million. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. Invitation Homes's revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 EPS. As a group, sell-side analysts predict 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 Thursday, April 17th. Investors of record on Monday, March 17th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend was Thursday, March 27th. Invitation Homes's dividend payout ratio (DPR) is presently 158.90%.

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.