Aew Capital Management L P Has $61.57 Million Position in Invitation Homes Inc. (NYSE:INVH)

Aew Capital Management L P lowered its holdings in Invitation Homes Inc. (NYSE:INVH) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,804,944 shares of the company’s stock after selling 118,220 shares during the quarter. Invitation Homes comprises about 2.2% of Aew Capital Management L P’s investment portfolio, making the stock its 18th largest position. Aew Capital Management L P owned 0.29% of Invitation Homes worth $61,567,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of INVH. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Invitation Homes by 1.0% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,296,945 shares of the company’s stock valued at $146,569,000 after acquiring an additional 40,558 shares during the period. M&T Bank Corp increased its holdings in Invitation Homes by 1.0% in the third quarter. M&T Bank Corp now owns 73,517 shares of the company’s stock valued at $2,330,000 after purchasing an additional 756 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in Invitation Homes by 5.3% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 38,918 shares of the company’s stock valued at $1,233,000 after purchasing an additional 1,974 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in Invitation Homes in the third quarter valued at about $3,481,000. Finally, Advisors Asset Management Inc. increased its holdings in Invitation Homes by 23.9% in the third quarter. Advisors Asset Management Inc. now owns 82,674 shares of the company’s stock valued at $2,620,000 after purchasing an additional 15,935 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Insider Activity at Invitation Homes

In other Invitation Homes news, CFO Jonathan S. Olsen sold 10,000 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $34.75, for a total value of $347,500.00. Following the completion of the sale, the chief financial officer now directly owns 37,037 shares of the company’s stock, valued at approximately $1,287,035.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on INVH shares. Citigroup reiterated a “neutral” rating and set a $39.00 price objective on shares of Invitation Homes in a report on Friday, March 22nd. Evercore ISI reissued an “in-line” rating and set a $36.00 price target on shares of Invitation Homes in a research report on Monday, March 18th. Royal Bank of Canada reissued an “outperform” rating and set a $36.00 price target on shares of Invitation Homes in a research report on Thursday, February 15th. Mizuho increased their price target on Invitation Homes from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Wednesday, March 20th. Finally, KeyCorp increased their price target on Invitation Homes from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Friday, January 5th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Invitation Homes presently has a consensus rating of “Moderate Buy” and an average target price of $38.19.

Invitation Homes Trading Up 0.7 %

INVH traded up $0.23 during midday trading on Friday, hitting $34.71. 3,782,634 shares of the company were exchanged, compared to its average volume of 3,126,162. The firm has a market capitalization of $21.26 billion, a P/E ratio of 41.33, a P/E/G ratio of 2.03 and a beta of 0.94. Invitation Homes Inc. has a 1-year low of $28.49 and a 1-year high of $36.53. The firm’s 50 day moving average price is $34.34 and its 200-day moving average price is $33.42. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.53.

Invitation Homes (NYSE:INVH) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.23). The business had revenue of $624.32 million during the quarter, compared to analyst estimates of $623.51 million. Invitation Homes had a net margin of 21.34% and a return on equity of 5.06%. As a group, equities analysts forecast that Invitation Homes Inc. will post 1.83 EPS for the current fiscal year.

Invitation Homes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 28th were issued a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.23%. Invitation Homes’s dividend payout ratio is presently 133.33%.

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.