Versor Investments LP Purchases 10,000 Shares of Invitation Homes Inc. (NYSE:INVH)

Versor Investments LP raised its position in Invitation Homes Inc. (NYSE:INVH) by 55.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,187 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Versor Investments LP’s holdings in Invitation Homes were worth $901,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Capital Square LLC boosted its holdings in Invitation Homes by 1.3% in the 3rd quarter. Capital Square LLC now owns 23,726 shares of the company’s stock valued at $837,000 after purchasing an additional 308 shares during the period. 1620 Investment Advisors Inc. lifted its holdings in shares of Invitation Homes by 2.2% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 18,734 shares of the company’s stock worth $661,000 after acquiring an additional 395 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of Invitation Homes by 1.2% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 35,429 shares of the company’s stock worth $1,133,000 after acquiring an additional 408 shares during the last quarter. Carnegie Lake Advisors LLC lifted its holdings in shares of Invitation Homes by 1.5% during the 4th quarter. Carnegie Lake Advisors LLC now owns 34,957 shares of the company’s stock worth $1,118,000 after acquiring an additional 500 shares during the last quarter. Finally, Creative Planning lifted its stake in Invitation Homes by 2.4% in the third quarter. Creative Planning now owns 26,129 shares of the company’s stock worth $921,000 after purchasing an additional 600 shares during the last quarter. 96.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

INVH has been the subject of several recent research reports. Royal Bank of Canada lowered their price target on shares of Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating for the company in a research note on Friday, November 1st. Morgan Stanley downgraded shares of Invitation Homes from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft downgraded shares of Invitation Homes from a “buy” rating to a “hold” rating and lowered their price target for the stock from $41.00 to $33.00 in a research note on Tuesday, January 21st. Jefferies Financial Group cut shares of Invitation Homes from a “buy” rating to a “hold” rating and decreased their price objective for the company from $39.00 to $33.00 in a research report on Thursday, January 2nd. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Invitation Homes from $37.00 to $35.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 6th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $37.47.

Invitation Homes Trading Up 5.6 %

NYSE:INVH opened at $33.35 on Friday. Invitation Homes Inc. has a one year low of $30.13 and a one year high of $37.80. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.24 and a quick ratio of 0.24. The company’s 50-day simple moving average is $31.45 and its 200 day simple moving average is $33.45. The firm has a market capitalization of $20.43 billion, a P/E ratio of 46.97, a PEG ratio of 4.70 and a beta of 1.04.

Invitation Homes (NYSE:INVH) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. The business had revenue of $659.13 million for the quarter, compared to analyst estimates of $658.71 million. As a group, analysts forecast that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 26th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $1.16 annualized dividend and a yield of 3.48%. This is a positive change from Invitation Homes’s previous quarterly dividend of $0.28. Invitation Homes’s payout ratio is presently 163.38%.

Invitation Homes Company Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.