Commerzbank Aktiengesellschaft FI Has $366,000 Stake in Invitation Homes Inc. (NYSE:INVH)

Commerzbank Aktiengesellschaft FI grew its holdings in Invitation Homes Inc. (NYSE:INVH) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,495 shares of the company’s stock after buying an additional 608 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Invitation Homes were worth $366,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in INVH. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Invitation Homes by 767.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,519,603 shares of the company’s stock valued at $194,621,000 after buying an additional 4,883,564 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Invitation Homes by 21.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,287,830 shares of the company’s stock worth $221,709,000 after purchasing an additional 1,089,281 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Invitation Homes by 9.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 11,748,855 shares of the company’s stock worth $414,264,000 after purchasing an additional 997,353 shares during the last quarter. National Bank of Canada FI lifted its holdings in Invitation Homes by 214.5% during the 3rd quarter. National Bank of Canada FI now owns 1,144,693 shares of the company’s stock worth $40,362,000 after purchasing an additional 780,760 shares during the last quarter. Finally, FMR LLC lifted its holdings in Invitation Homes by 4.2% during the 3rd quarter. FMR LLC now owns 18,813,744 shares of the company’s stock worth $663,373,000 after purchasing an additional 753,464 shares during the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on INVH shares. Jefferies Financial Group cut Invitation Homes from a “buy” rating to a “hold” rating and dropped their price target for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Keefe, Bruyette & Woods lifted their price target on Invitation Homes from $35.00 to $36.00 and gave the stock a “market perform” rating in a report on Wednesday. JMP Securities restated a “market outperform” rating and set a $40.00 price objective on shares of Invitation Homes in a research note on Thursday, December 12th. Barclays lowered their price objective on Invitation Homes from $38.00 to $36.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. Finally, Morgan Stanley lowered Invitation Homes from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $37.53.

Invitation Homes Trading Up 0.6 %

Shares of INVH opened at $34.09 on Thursday. Invitation Homes Inc. has a 52-week low of $30.13 and a 52-week high of $37.80. The business’s fifty day moving average is $31.59 and its 200-day moving average is $33.41. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market cap of $20.88 billion, a price-to-earnings ratio of 48.01, a PEG ratio of 4.70 and a beta of 1.03.

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

Invitation Homes Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 26th were given a dividend of $0.29 per share. The ex-dividend date was Thursday, December 26th. This represents a $1.16 dividend on an annualized basis and a yield of 3.40%. This is a positive change from Invitation Homes’s previous quarterly dividend of $0.28. Invitation Homes’s payout ratio is currently 158.90%.

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.