Invitation Homes Inc. (NYSE:INVH) Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its position in shares of Invitation Homes Inc. (NYSE:INVH) by 7.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,939 shares of the company’s stock after acquiring an additional 3,275 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Invitation Homes were worth $1,649,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Canada Pension Plan Investment Board increased its holdings in shares of Invitation Homes by 27.2% in the 1st quarter. Canada Pension Plan Investment Board now owns 15,686,912 shares of the company’s stock valued at $558,611,000 after acquiring an additional 3,351,424 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Invitation Homes by 66.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,424,752 shares of the company’s stock valued at $185,038,000 after purchasing an additional 2,169,522 shares during the last quarter. First Financial Bankshares Inc acquired a new stake in Invitation Homes during the fourth quarter worth approximately $45,104,000. Cohen & Steers Inc. lifted its position in shares of Invitation Homes by 1.3% during the 4th quarter. Cohen & Steers Inc. now owns 80,498,790 shares of the company’s stock worth $2,746,208,000 after buying an additional 1,008,392 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Invitation Homes by 109.3% in the 1st quarter. BNP Paribas Financial Markets now owns 1,141,366 shares of the company’s stock valued at $40,644,000 after buying an additional 595,988 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Homes Price Performance

INVH opened at $36.04 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.20 and a quick ratio of 0.20. Invitation Homes Inc. has a 12 month low of $28.49 and a 12 month high of $37.80. The stock has a market capitalization of $22.08 billion, a P/E ratio of 41.43, a P/E/G ratio of 4.50 and a beta of 1.01. The business has a 50 day simple moving average of $35.82 and a 200-day simple moving average of $35.23.

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

Invitation Homes Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 26th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Thursday, September 26th. Invitation Homes’s dividend payout ratio is currently 128.74%.

Analyst Upgrades and Downgrades

INVH has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Invitation Homes from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Keefe, Bruyette & Woods dropped their price target on Invitation Homes from $38.00 to $37.00 and set a “market perform” rating on the stock in a research note on Tuesday, July 30th. The Goldman Sachs Group began coverage on Invitation Homes in a research note on Wednesday, September 4th. They issued a “buy” rating and a $46.00 price objective for the company. UBS Group raised their target price on shares of Invitation Homes from $41.00 to $42.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Finally, Barclays reduced their price target on shares of Invitation Homes from $41.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, May 29th. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Invitation Homes currently has an average rating of “Moderate Buy” and a consensus price target of $39.10.

About Invitation Homes

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.