WINTON GROUP Ltd purchased a new stake in shares of Invitation Home (NYSE:INVH – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,223 shares of the company’s stock, valued at approximately $1,340,000.
Several other hedge funds have also added to or reduced their stakes in INVH. Hantz Financial Services Inc. raised its holdings in Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after purchasing an additional 466 shares during the period. Cromwell Holdings LLC boosted its stake in shares of Invitation Home by 2,463.5% in the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after purchasing an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in shares of Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after buying an additional 1,360 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Invitation Home during the 2nd quarter worth approximately $55,000. Institutional investors own 96.79% of the company’s stock.
Invitation Home Stock Down 2.2%
Shares of NYSE INVH opened at $29.37 on Tuesday. The stock has a market cap of $17.44 billion, a P/E ratio of 30.91, a P/E/G ratio of 3.53 and a beta of 0.85. The firm has a 50 day moving average price of $27.67 and a 200 day moving average price of $27.03. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. Invitation Home has a 52-week low of $24.25 and a 52-week high of $34.25.
Invitation Home Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, March 26th. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Oppenheimer dropped their price target on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, May 18th. UBS Group dropped their target price on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Citizens Jmp cut their price target on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Finally, Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $31.50.
Get Our Latest Stock Report on Invitation Home
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.
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