Ameriprise Financial Inc. boosted its position in shares of Colony Starwood Homes (NYSE:SFR) by 14.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 380,788 shares of the financial services provider’s stock after acquiring an additional 48,629 shares during the period. Ameriprise Financial Inc. owned about 0.38% of Colony Starwood Homes worth $13,064,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Teacher Retirement System of Texas grew its holdings in Colony Starwood Homes by 5.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 8,012 shares of the financial services provider’s stock worth $275,000 after acquiring an additional 414 shares in the last quarter. Prudential Financial Inc. grew its holdings in Colony Starwood Homes by 5.4% during the 1st quarter. Prudential Financial Inc. now owns 9,102 shares of the financial services provider’s stock worth $309,000 after acquiring an additional 470 shares in the last quarter. Comerica Bank grew its holdings in Colony Starwood Homes by 14.2% during the 2nd quarter. Comerica Bank now owns 9,672 shares of the financial services provider’s stock worth $341,000 after acquiring an additional 1,206 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Colony Starwood Homes by 59.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,475 shares of the financial services provider’s stock worth $117,000 after acquiring an additional 1,298 shares in the last quarter. Finally, Loeb Partners Corp grew its holdings in Colony Starwood Homes by 1.6% during the 2nd quarter. Loeb Partners Corp now owns 89,100 shares of the financial services provider’s stock worth $3,057,000 after acquiring an additional 1,400 shares in the last quarter.

Several research analysts have commented on SFR shares. FBR & Co boosted their price target on shares of Colony Starwood Homes from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Tuesday, June 13th. Zacks Investment Research cut shares of Colony Starwood Homes from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Wood & Company assumed coverage on shares of Colony Starwood Homes in a report on Monday, July 10th. They set an “outperform” rating and a $38.00 price target for the company. Raymond James Financial, Inc. assumed coverage on shares of Colony Starwood Homes in a report on Tuesday, July 11th. They issued an “outperform” rating and a $38.00 target price for the company. Finally, Citigroup Inc. assumed coverage on shares of Colony Starwood Homes in a report on Thursday, July 20th. They issued a “buy” rating and a $40.00 target price for the company. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $37.00.

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Colony Starwood Homes (NYSE:SFR) opened at 35.87 on Friday. The stock has a 50 day moving average of $36.54 and a 200 day moving average of $35.05. Colony Starwood Homes has a one year low of $26.76 and a one year high of $37.94. The firm’s market cap is $3.64 billion.

Colony Starwood Homes (NYSE:SFR) last released its quarterly earnings results on Wednesday, August 9th. The financial services provider reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $154.40 million during the quarter, compared to the consensus estimate of $153.39 million. The company’s revenue was up 7.4% compared to the same quarter last year. On average, equities analysts forecast that Colony Starwood Homes will post ($0.11) earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Thursday, September 28th. Colony Starwood Homes’s payout ratio is currently -266.67%.

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.

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

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