Two Sigma Securities LLC Trims Stake in Invitation Homes Inc. (NYSE:INVH)

Two Sigma Securities LLC cut its stake in shares of Invitation Homes Inc. (NYSE:INVH) by 66.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,370 shares of the company’s stock after selling 27,036 shares during the quarter. Two Sigma Securities LLC’s holdings in Invitation Homes were worth $427,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of INVH. Lindbrook Capital LLC lifted its position in shares of Invitation Homes by 58.4% during the 4th 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. raised its stake 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 acquiring an additional 825 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Invitation Homes by 58.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company’s stock worth $33,000 after purchasing an additional 378 shares in the last quarter. Allworth Financial LP increased its stake in shares of Invitation Homes by 101.2% in the fourth quarter. Allworth Financial LP now owns 1,396 shares of the company’s stock worth $43,000 after purchasing an additional 702 shares in the last quarter. Finally, Center for Financial Planning Inc. bought a new stake in shares of Invitation Homes during the 4th quarter valued at $48,000. Institutional investors own 96.79% of the company’s stock.

Invitation Homes Stock Down 0.3 %

Shares of NYSE INVH opened at $33.77 on Friday. The stock has a market capitalization of $20.70 billion, a price-to-earnings ratio of 47.56, a P/E/G ratio of 4.70 and a beta of 0.86. Invitation Homes Inc. has a 12-month low of $29.37 and a 12-month high of $37.80. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. The firm’s 50-day moving average price is $33.28 and its 200-day moving average price is $32.79.

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

Invitation Homes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 17th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend was Thursday, March 27th. Invitation Homes’s payout ratio is 158.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on INVH shares. Deutsche Bank Aktiengesellschaft lowered Invitation Homes from a “buy” rating to a “hold” rating and cut their price target for the stock from $41.00 to $33.00 in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods increased their target price on Invitation Homes from $35.00 to $36.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 5th. Jefferies Financial Group cut Invitation Homes from a “buy” rating to a “hold” rating and lowered their price target for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Raymond James cut their price objective on shares of Invitation Homes from $40.00 to $36.00 and set an “outperform” rating for the company in a report on Friday, April 11th. Finally, Mizuho raised shares of Invitation Homes from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $33.00 to $36.00 in a report on Thursday, March 13th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $37.38.

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.