Invitation Homes Inc. (NYSE:INVH) Shares Purchased by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. raised its position in Invitation Homes Inc. (NYSE:INVH - Free Report) by 139.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,505,198 shares of the company's stock after purchasing an additional 876,410 shares during the period. Van Lanschot Kempen Investment Management N.V. owned 0.25% of Invitation Homes worth $48,121,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC increased its stake in Invitation Homes by 146.7% in the third quarter. Sanctuary Advisors LLC now owns 14,213 shares of the company's stock valued at $482,000 after purchasing an additional 8,451 shares during the last quarter. Tidal Investments LLC raised its stake in Invitation Homes by 39.0% during the 3rd quarter. Tidal Investments LLC now owns 22,878 shares of the company's stock worth $807,000 after acquiring an additional 6,419 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Invitation Homes by 21.0% in the third quarter. JPMorgan Chase & Co. now owns 6,287,830 shares of the company's stock valued at $221,709,000 after acquiring an additional 1,089,281 shares during the last quarter. Czech National Bank boosted its stake in 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 acquiring an additional 7,472 shares in the last quarter. Finally, Park Avenue Securities LLC grew its holdings in shares of Invitation Homes by 24.1% during the fourth quarter. Park Avenue Securities LLC now owns 11,352 shares of the company's stock worth $363,000 after purchasing an additional 2,202 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on INVH. Barclays reiterated an "overweight" rating and issued a $37.00 price objective (up previously from $36.00) on shares of Invitation Homes in a research note on Wednesday, March 12th. Mizuho upgraded shares of Invitation Homes from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $33.00 to $36.00 in a research note on Thursday, March 13th. Jefferies Financial Group lowered shares of Invitation Homes from a "buy" rating to a "hold" rating and dropped their price objective for the company from $39.00 to $33.00 in a research note on Thursday, January 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Invitation Homes from a "buy" rating to a "hold" rating and decreased their target price for the stock from $41.00 to $33.00 in a research note on Tuesday, January 21st. Finally, Morgan Stanley downgraded Invitation Homes from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $39.00 to $35.00 in a research note on Friday, January 24th. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $37.38.

Invitation Homes Price Performance

INVH traded down $0.10 during midday trading on Friday, reaching $33.77. 2,283,461 shares of the company's stock were exchanged, compared to its average volume of 3,359,289. The business's 50-day moving average price is $33.28 and its 200 day moving average price is $32.79. The stock has a market capitalization of $20.70 billion, a PE ratio of 47.56, a P/E/G 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 company has a debt-to-equity ratio of 0.54, a current ratio of 0.24 and a quick ratio of 0.24.

Invitation Homes (NYSE:INVH - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.47. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. The firm had revenue of $659.13 million for the quarter, compared to analyst estimates of $658.71 million. As a group, equities analysts anticipate that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 17th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.16 annualized dividend and a dividend yield of 3.44%. Invitation Homes's dividend payout ratio is currently 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.