Wood & Company cut shares of Colony Starwood Homes (NYSE:SFR) to a neutral rating in a report published on Tuesday morning.

Several other research analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of Colony Starwood Homes from a hold rating to a buy rating and set a $32.00 price target for the company in a research note on Thursday, November 10th. Keefe, Bruyette & Woods upgraded shares of Colony Starwood Homes from a market perform rating to an outperform rating and set a $35.00 price objective for the company in a research note on Monday, October 17th. FBR & Co restated an outperform rating on shares of Colony Starwood Homes in a research note on Friday, September 23rd. Finally, JPMorgan Chase & Co. started coverage on shares of Colony Starwood Homes in a research note on Monday, September 26th. They set an overweight rating and a $35.00 price objective for the company. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $33.00.

Analyst Recommendations for Colony Starwood Homes (NYSE:SFR)

Colony Starwood Homes (NYSE:SFR) traded down 0.82% during mid-day trading on Tuesday, hitting $30.08. 125,171 shares of the stock traded hands. The company’s 50 day moving average price is $28.74 and its 200-day moving average price is $29.67. The stock’s market cap is $3.05 billion. Colony Starwood Homes has a 1-year low of $19.54 and a 1-year high of $33.09.

Colony Starwood Homes (NYSE:SFR) last issued its quarterly earnings results on Monday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.03. The company earned $146.10 million during the quarter, compared to analyst estimates of $39.24 million. Colony Starwood Homes had a negative net margin of 20.35% and a negative return on equity of 4.36%. Analysts predict that Colony Starwood Homes will post $1.66 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Investors of record on Friday, December 30th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Wednesday, December 28th. Colony Starwood Homes’s payout ratio is -59.86%.

Several institutional investors have recently bought and sold shares of SFR. Royal Bank of Canada increased its position in Colony Starwood Homes by 574.5% in the second quarter. Royal Bank of Canada now owns 3,460 shares of the company’s stock worth $105,000 after buying an additional 2,947 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in Colony Starwood Homes during the third quarter worth about $151,000. BNP Paribas Arbitrage SA increased its position in Colony Starwood Homes by 121.9% in the third quarter. BNP Paribas Arbitrage SA now owns 5,697 shares of the company’s stock worth $164,000 after buying an additional 3,130 shares during the last quarter. Teacher Retirement System of Texas increased its position in Colony Starwood Homes by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 5,749 shares of the company’s stock worth $175,000 after buying an additional 694 shares during the last quarter. Finally, Amalgamated Bank acquired a new position in Colony Starwood Homes during the second quarter worth about $231,000. 44.57% of the stock is currently owned by institutional investors.

WARNING: “Colony Starwood Homes (SFR) Lowered to Neutral at Wood & Company” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another website, it was stolen and republished in violation of US & international copyright legislation. The original version of this report can be accessed at https://www.thecerbatgem.com/2016/11/23/colony-starwood-homes-sfr-lowered-to-neutral-at-wood-company.html.

Colony Starwood Homes Company Profile

Colony Starwood Homes, formerly Starwood Waypoint Residential Trust, is a real estate investment trust (REIT). The Company operates through two segments: single-family rental (SFRs), which includes the business activities associated with its investments in residential properties, and non-performing residential mortgage loans (NPLs), which includes the business activities associated with its investments in NPLs.

5 Day Chart for NYSE:SFR

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