UBS Asset Management Americas Inc. grew its stake in shares of Colony Starwood Homes (NYSE:SFR) by 59.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 355,590 shares of the financial services provider’s stock after buying an additional 132,923 shares during the period. UBS Asset Management Americas Inc. owned 0.35% of Colony Starwood Homes worth $12,200,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Fifth Third Bancorp increased its position in Colony Starwood Homes by 0.4% during the first quarter. Fifth Third Bancorp now owns 27,043 shares of the financial services provider’s stock worth $918,000 after buying an additional 114 shares in the last quarter. Teacher Retirement System of Texas increased its position in Colony Starwood Homes by 5.4% during the second quarter. Teacher Retirement System of Texas now owns 8,012 shares of the financial services provider’s stock worth $275,000 after buying an additional 414 shares in the last quarter. Prudential Financial Inc. increased its position in Colony Starwood Homes by 5.4% during the first quarter. Prudential Financial Inc. now owns 9,102 shares of the financial services provider’s stock worth $309,000 after buying an additional 470 shares in the last quarter. Comerica Bank increased its position in Colony Starwood Homes by 14.2% during the second quarter. Comerica Bank now owns 9,672 shares of the financial services provider’s stock worth $341,000 after buying an additional 1,206 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Colony Starwood Homes by 59.6% during the first quarter. PNC Financial Services Group Inc. now owns 3,475 shares of the financial services provider’s stock worth $117,000 after buying an additional 1,298 shares in the last quarter.

Shares of Colony Starwood Homes (SFR) opened at 36.63 on Thursday. The stock’s market cap is $3.72 billion. The stock has a 50 day moving average price of $36.63 and a 200-day moving average price of $35.03. Colony Starwood Homes has a 12 month low of $26.74 and a 12 month high of $37.94.

Colony Starwood Homes (NYSE:SFR) last announced its earnings results on Wednesday, August 9th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. Colony Starwood Homes had a negative net margin of 5.65% and a negative return on equity of 0.81%. The company had revenue of $154.40 million for the quarter, compared to the consensus estimate of $153.39 million. Colony Starwood Homes’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, analysts forecast that Colony Starwood Homes will post ($0.11) EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Thursday, September 28th. Colony Starwood Homes’s dividend payout ratio (DPR) is currently -266.67%.

Several research firms have weighed in on SFR. ValuEngine downgraded Colony Starwood Homes from a “buy” rating to a “hold” rating in a research report on Monday. Zacks Investment Research raised Colony Starwood Homes from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Mizuho reissued a “neutral” rating and set a $35.00 price target (down previously from $41.00) on shares of Colony Starwood Homes in a research report on Friday, August 11th. Raymond James Financial, Inc. began coverage on Colony Starwood Homes in a research report on Tuesday, July 11th. They set an “outperform” rating and a $38.00 price target for the company. Finally, Wood & Company assumed coverage on Colony Starwood Homes in a research report on Monday, July 10th. They set an “outperform” rating and a $38.00 price target for the company. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $37.00.

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Colony Starwood Homes Company Profile

Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.

Institutional Ownership by Quarter for Colony Starwood Homes (NYSE:SFR)

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