Macquarie Group Ltd. lowered its position in Invitation Home Inc. (NYSE:INVH) by 2.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 611,331 shares of the company’s stock after selling 12,357 shares during the quarter. Macquarie Group Ltd. owned 0.20% of Invitation Home worth $13,223,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Blackstone Group L.P. purchased a new position in shares of Invitation Home in the first quarter valued at $4,801,407,000. Goldman Sachs Group Inc. purchased a new stake in Invitation Home during the 1st quarter worth about $4,483,000. Prudential Financial Inc. purchased a new stake in Invitation Home during the 2nd quarter worth about $30,253,000. Lazard Asset Management LLC purchased a new stake in Invitation Home during the 1st quarter worth about $866,000. Finally, Credit Agricole S A purchased a new stake in Invitation Home during the 1st quarter worth about $499,000.

A number of research firms recently commented on INVH. Zacks Investment Research upgraded Invitation Home from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Wednesday, September 6th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $25.00 price objective on shares of Invitation Home in a research report on Tuesday, October 3rd. Finally, FBR & Co reiterated a “buy” rating on shares of Invitation Home in a research report on Thursday, September 21st. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Invitation Home has a consensus rating of “Buy” and an average target price of $24.50.

Invitation Home Inc. (NYSE INVH) opened at 22.63 on Friday. The firm’s market capitalization is $7.05 billion. The stock has a 50 day moving average price of $22.56 and a 200 day moving average price of $22.56. Invitation Home Inc. has a 1-year low of $19.80 and a 1-year high of $23.13.

Invitation Home (NYSE:INVH) last issued its earnings results on Thursday, August 10th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $242.22 million during the quarter, compared to analyst estimates of $240.58 million. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts predict that Invitation Home Inc. will post ($0.10) EPS for the current year.

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Invitation Home Company Profile

Invitation Homes Inc is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments.

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Institutional Ownership by Quarter for Invitation Home (NYSE:INVH)

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