Prudential Financial Inc. grew its holdings in shares of Colony Starwood Homes (NYSE:SFR) by 88.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,198 shares of the financial services provider’s stock after purchasing an additional 8,096 shares during the quarter. Prudential Financial Inc.’s holdings in Colony Starwood Homes were worth $590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SFR. BlackRock Inc. raised its holdings in shares of Colony Starwood Homes by 8,420.0% during the 1st quarter. BlackRock Inc. now owns 6,837,069 shares of the financial services provider’s stock valued at $232,118,000 after purchasing an additional 6,756,822 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Colony Starwood Homes by 44.9% during the 1st quarter. Vanguard Group Inc. now owns 15,069,189 shares of the financial services provider’s stock valued at $511,600,000 after purchasing an additional 4,669,151 shares in the last quarter. Morgan Stanley raised its holdings in shares of Colony Starwood Homes by 816.5% during the 1st quarter. Morgan Stanley now owns 2,856,030 shares of the financial services provider’s stock valued at $96,961,000 after purchasing an additional 2,544,418 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Colony Starwood Homes by 18.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,835,426 shares of the financial services provider’s stock valued at $234,522,000 after purchasing an additional 1,083,801 shares in the last quarter. Finally, Resolution Capital Ltd raised its holdings in shares of Colony Starwood Homes by 84.7% during the 2nd quarter. Resolution Capital Ltd now owns 2,352,791 shares of the financial services provider’s stock valued at $80,724,000 after purchasing an additional 1,079,144 shares in the last quarter.

Colony Starwood Homes (NYSE SFR) opened at 36.03 on Tuesday. The company has a 50-day moving average of $36.49 and a 200-day moving average of $35.09. Colony Starwood Homes has a 1-year low of $26.76 and a 1-year high of $37.94. The firm’s market capitalization is $3.66 billion.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.44%. The ex-dividend date is Thursday, September 28th. Colony Starwood Homes’s dividend payout ratio (DPR) is currently -266.67%.

SFR has been the topic of a number of recent research reports. FBR & Co raised their price target on shares of Colony Starwood Homes from $38.00 to $39.00 and gave the company an “outperform” rating in a report on Tuesday, June 13th. ValuEngine lowered shares of Colony Starwood Homes from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research lowered shares of Colony Starwood Homes from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Raymond James Financial, Inc. began coverage on shares of Colony Starwood Homes in a research note on Tuesday, July 11th. They issued an “outperform” rating and a $38.00 target price on the stock. Finally, Wood & Company began coverage on shares of Colony Starwood Homes in a research note on Monday, July 10th. They issued an “outperform” rating and a $38.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Colony Starwood Homes has a consensus rating of “Buy” and a consensus target price 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.

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

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