Invitation Homes Inc. (NYSE:INVH) Stock Position Raised by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its stake in shares of Invitation Homes Inc. (NYSE:INVH) by 0.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 311,055 shares of the company’s stock after buying an additional 2,074 shares during the period. Nisa Investment Advisors LLC owned about 0.05% of Invitation Homes worth $11,251,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BOK Financial Private Wealth Inc. acquired a new stake in shares of Invitation Homes during the first quarter valued at approximately $26,000. Creekmur Asset Management LLC acquired a new position in Invitation Homes in the 4th quarter worth about $46,000. Blue Trust Inc. increased its position in Invitation Homes by 644.7% during the second quarter. Blue Trust Inc. now owns 1,549 shares of the company’s stock worth $55,000 after buying an additional 1,341 shares during the last quarter. Mather Group LLC. acquired a new position in Invitation Homes during the first quarter valued at approximately $75,000. Finally, Bessemer Group Inc. raised its holdings in Invitation Homes by 55.2% in the 1st quarter. Bessemer Group Inc. now owns 2,296 shares of the company’s stock worth $83,000 after acquiring an additional 817 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Insider Activity at Invitation Homes

In other Invitation Homes news, Director Cohen Jana Barbe sold 7,200 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $34.58, for a total transaction of $248,976.00. Following the completion of the transaction, the director now owns 28,068 shares of the company’s stock, valued at $970,591.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on INVH shares. Royal Bank of Canada decreased their target price on Invitation Homes from $39.00 to $37.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Deutsche Bank Aktiengesellschaft raised shares of Invitation Homes from a “hold” rating to a “buy” rating and upped their target price for the company from $35.00 to $41.00 in a research note on Wednesday, July 24th. Mizuho dropped their target price on Invitation Homes from $37.00 to $36.00 and set a “neutral” rating for the company in a report on Monday, June 3rd. Scotiabank lifted their price target on shares of Invitation Homes from $36.00 to $38.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th. Finally, UBS Group upped their price objective on shares of Invitation Homes from $41.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $38.61.

Invitation Homes Price Performance

NYSE INVH traded up $0.35 during midday trading on Monday, hitting $35.63. The company had a trading volume of 1,881,044 shares, compared to its average volume of 3,250,472. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.54. Invitation Homes Inc. has a twelve month low of $28.49 and a twelve month high of $36.92. The company has a market capitalization of $21.82 billion, a PE ratio of 40.55, a P/E/G ratio of 4.44 and a beta of 0.99. The firm has a 50-day moving average price of $35.47 and a 200-day moving average price of $34.70.

Invitation Homes (NYSE:INVH) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.34). The firm had revenue of $653.45 million for the quarter, compared to analyst estimates of $654.70 million. Invitation Homes had a return on equity of 4.68% and a net margin of 18.75%. As a group, analysts anticipate that Invitation Homes Inc. will post 1.83 earnings per share for the current fiscal year.

Invitation Homes Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Thursday, June 27th were given a dividend of $0.28 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.12 annualized dividend and a dividend yield of 3.14%. Invitation Homes’s dividend payout ratio is currently 128.74%.

Invitation Homes 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.