Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in Invitation Home (NYSE:INVH – Free Report) by 12.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,686,265 shares of the company’s stock after selling 245,369 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Invitation Home were worth $47,045,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of Invitation Home by 67.4% during the first quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after purchasing an additional 29,962 shares in the last quarter. Empowered Funds LLC grew its position in shares of Invitation Home by 10.7% during the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after purchasing an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Invitation Home during the second quarter valued at about $287,000. Cetera Investment Advisers grew its position in shares of Invitation Home by 8.5% during the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock valued at $637,000 after purchasing an additional 1,528 shares in the last quarter. Finally, Cresset Asset Management LLC grew its position in shares of Invitation Home by 5.5% during the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock valued at $515,000 after purchasing an additional 809 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.
Invitation Home Stock Down 1.0%
Shares of NYSE:INVH opened at $26.67 on Thursday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. Invitation Home has a 12 month low of $24.25 and a 12 month high of $35.80. The company has a 50-day moving average price of $25.81 and a 200 day moving average price of $26.95. The company has a market cap of $15.98 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 3.87 and a beta of 0.82.
Invitation Home Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.5%. Invitation Home’s dividend payout ratio (DPR) is presently 125.00%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on INVH shares. Weiss Ratings restated a “hold (c-)” rating on shares of Invitation Home in a research report on Friday, March 27th. Royal Bank Of Canada cut their price objective on Invitation Home from $30.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, February 20th. Morgan Stanley cut their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. Raymond James Financial restated a “market perform” rating on shares of Invitation Home in a research report on Friday, February 27th. Finally, Barclays cut their price objective on Invitation Home from $33.00 to $31.00 and set an “overweight” rating for the company in a research report on Friday, March 6th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.88.
Get Our Latest Stock Report on INVH
Invitation Home Profile
Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.
Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.
See Also
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