Vanguard Personalized Indexing Management LLC Acquires 7,072 Shares of Invitation Homes Inc. (NYSE:INVH)

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Invitation Homes Inc. (NYSE:INVHFree Report) by 21.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 39,394 shares of the company’s stock after buying an additional 7,072 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Invitation Homes were worth $1,344,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Invitation Homes by 96.5% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,161 shares of the company’s stock valued at $74,000 after acquiring an additional 1,061 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of Invitation Homes in the fourth quarter valued at approximately $79,000. NBC Securities Inc. bought a new stake in shares of Invitation Homes in the third quarter worth $86,000. Ninepoint Partners LP acquired a new position in Invitation Homes during the fourth quarter worth $109,000. Finally, Sentry Investment Management LLC bought a new position in Invitation Homes in the third quarter valued at $106,000. Institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on INVH. Citigroup restated a “neutral” rating and set a $39.00 price objective on shares of Invitation Homes in a research note on Friday, March 22nd. Keefe, Bruyette & Woods raised their price target on Invitation Homes from $37.00 to $38.00 and gave the company a “market perform” rating in a research note on Monday, May 13th. BNP Paribas initiated coverage on Invitation Homes in a research note on Monday, January 22nd. They set an “outperform” rating and a $39.00 price objective on the stock. Raymond James raised their target price on shares of Invitation Homes from $37.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, March 28th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $40.00 price target on shares of Invitation Homes in a research report on Thursday, March 7th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, Invitation Homes currently has an average rating of “Moderate Buy” and a consensus target price of $38.24.

Check Out Our Latest Report on INVH

Insider Activity at Invitation Homes

In other Invitation Homes news, COO Charles D. Young sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $34.85, for a total value of $174,250.00. Following the transaction, the chief operating officer now directly owns 275,296 shares of the company’s stock, valued at approximately $9,594,065.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, COO Charles D. Young sold 5,000 shares of Invitation Homes stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $34.85, for a total value of $174,250.00. Following the transaction, the chief operating officer now owns 275,296 shares in the company, valued at approximately $9,594,065.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Jonathan S. Olsen sold 10,000 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $34.75, for a total value of $347,500.00. Following the sale, the chief financial officer now owns 37,037 shares of the company’s stock, valued at $1,287,035.75. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Invitation Homes Trading Up 0.7 %

INVH stock opened at $35.45 on Friday. Invitation Homes Inc. has a 52 week low of $28.49 and a 52 week high of $36.53. The company has a market capitalization of $21.71 billion, a PE ratio of 40.75, a price-to-earnings-growth ratio of 2.15 and a beta of 0.95. The company’s 50-day simple moving average is $34.64 and its 200 day simple moving average is $33.83. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.21 and a current ratio of 0.21.

Invitation Homes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.28 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.12 annualized dividend and a dividend yield of 3.16%. Invitation Homes’s dividend payout ratio is presently 128.74%.

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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Institutional Ownership by Quarter for Invitation Homes (NYSE:INVH)

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