2 weeks Ago By ABMN Staff
Federated Hermes Inc. cut its holdings in shares of Invitation Homes Inc. ( NYSE:INVH – Free Report ) by 74.
5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,400 shares of the company’s stock after selling 9,951 shares during the period. Federated Hermes Inc.
’s holdings in Invitation Homes were worth $109,000 at the end of the most recent quarter. A number of other large investors have also recently modified their holdings of INVH. Lindbrook Capital LLC boosted its stake in Invitation Homes by 58.
4% in the fourth quarter. Lindbrook Capital LLC now owns 892 shares of the company’s stock valued at $29,000 after buying an additional 329 shares in the last quarter. SRS Capital Advisors Inc.
increased its position in Invitation Homes by 654.8% during the 4th quarter. SRS Capital Advisors Inc.
now owns 951 shares of the company’s stock worth $30,000 after purchasing an additional 825 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Homes by 58.5% during the fourth quarter.
Smartleaf Asset Management LLC now owns 1,024 shares of the company’s stock worth $33,000 after buying an additional 378 shares in the last quarter. Allworth Financial LP raised its position in Invitation Homes by 101.2% in the fourth quarter.
Allworth Financial LP now owns 1,396 shares of the company’s stock valued at $43,000 after purchasing an additional 702 shares during the last quarter. Finally, Center for Financial Planning Inc. acquired a new stake in shares of Invitation Homes during the fourth quarter valued at about $48,000.
Institutional investors and hedge funds own 96.79% of the company’s stock. Invitation Homes Stock Up 1.
7 % Shares of Invitation Homes stock opened at $33.61 on Friday. The company has a debt-to-equity ratio of 0.
54, a quick ratio of 0.24 and a current ratio of 0.24.
Invitation Homes Inc. has a 52-week low of $29.37 and a 52-week high of $37.
80. The company’s 50 day moving average price is $33.02 and its 200-day moving average price is $32.
81. The stock has a market capitalization of $20.60 billion, a price-to-earnings ratio of 47.
34, a P/E/G ratio of 4.70 and a beta of 0.86.
Invitation Homes Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 17th were given a $0.29 dividend.
The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.
45%. Invitation Homes’s dividend payout ratio is currently 158.90%.
Analyst Ratings Changes INVH has been the subject of several recent research reports. Barclays reissued an “overweight” rating and issued a $37.00 price target (up previously from $36.
00) on shares of Invitation Homes in a research note on Wednesday, March 12th. Keefe, Bruyette & Woods raised their price objective on Invitation Homes from $35.00 to $36.
00 and gave the company a “market perform” rating in a research note on Wednesday, March 5th. Jefferies Financial Group lowered shares of Invitation Homes from a “buy” rating to a “hold” rating and reduced their price target for the company from $39.00 to $33.
00 in a research report on Thursday, January 2nd. Raymond James reduced their target price on shares of Invitation Homes from $40.00 to $36.
00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Finally, Mizuho upgraded shares of Invitation Homes from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $33.00 to $36.
00 in a research note on Thursday, March 13th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Invitation Homes currently has an average rating of “Hold” and a consensus target price of $37.
38. Get Our Latest Report on INVH Invitation Homes Profile ( Free Report ) 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.
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