Invitation Homes Inc. (NYSE:INVH) Shares Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV increased its holdings in shares of Invitation Homes Inc. (NYSE:INVH) by 107.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,942 shares of the company’s stock after acquiring an additional 14,979 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invitation Homes were worth $925,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of INVH. Adelante Capital Management LLC boosted its position in shares of Invitation Homes by 3.9% during the 4th quarter. Adelante Capital Management LLC now owns 718,041 shares of the company’s stock valued at $22,955,000 after acquiring an additional 27,133 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in Invitation Homes by 693.3% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 691,792 shares of the company’s stock valued at $22,117,000 after purchasing an additional 604,588 shares during the last quarter. Masterton Capital Management LP grew its stake in shares of Invitation Homes by 10.0% in the 4th quarter. Masterton Capital Management LP now owns 269,479 shares of the company’s stock valued at $8,615,000 after buying an additional 24,509 shares during the period. Northern Trust Corp increased its holdings in shares of Invitation Homes by 27.3% during the 4th quarter. Northern Trust Corp now owns 6,820,769 shares of the company’s stock worth $218,060,000 after buying an additional 1,463,236 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Invitation Homes during the 4th quarter valued at approximately $2,479,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Homes Trading Up 0.5 %

NYSE INVH opened at $34.75 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $21.30 billion, a P/E ratio of 48.94, a P/E/G ratio of 4.70 and a beta of 0.87. Invitation Homes Inc. has a 52-week low of $29.37 and a 52-week high of $37.80. The firm has a 50-day moving average price of $33.67 and a 200 day moving average price of $32.84.

Invitation Homes (NYSE:INVH) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm had revenue of $674.48 million during the quarter, compared to analysts’ expectations of $663.77 million. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. Invitation Homes’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 earnings per share. Equities research analysts expect that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 17th were issued a dividend of $0.29 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.16 annualized dividend and a yield of 3.34%. Invitation Homes’s dividend payout ratio is presently 150.65%.

Analyst Upgrades and Downgrades

A number of research firms have commented on INVH. Deutsche Bank Aktiengesellschaft downgraded Invitation Homes from a “buy” rating to a “hold” rating and reduced their target price for the company from $41.00 to $33.00 in a research report on Tuesday, January 21st. Oppenheimer upped their target price on shares of Invitation Homes from $39.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday, May 6th. Mizuho upgraded shares of Invitation Homes from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $33.00 to $36.00 in a research report on Thursday, March 13th. Barclays upped their price objective on shares of Invitation Homes from $37.00 to $39.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Morgan Stanley cut Invitation Homes from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Invitation Homes has an average rating of “Hold” and an average target price of $37.88.

Invitation Homes 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.