Two Sigma Securities LLC Reduces Stock Holdings in Invitation Homes Inc. (NYSE:INVH)

Two Sigma Securities LLC reduced its stake in shares of Invitation Homes Inc. (NYSE:INVH) by 66.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in INVH. Lindbrook Capital LLC increased its position in shares of Invitation Homes by 58.4% during the fourth quarter. Lindbrook Capital LLC now owns 892 shares of the company’s stock valued at $29,000 after buying an additional 329 shares during the period. Smartleaf Asset Management LLC boosted its position in Invitation Homes by 58.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company’s stock valued at $33,000 after acquiring an additional 378 shares in the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of Invitation Homes by 1.2% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 35,429 shares of the company’s stock worth $1,133,000 after acquiring an additional 408 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Invitation Homes by 5.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 7,345 shares of the company’s stock worth $235,000 after acquiring an additional 412 shares in the last quarter. Finally, Arbor Capital Management Inc. ADV lifted its stake in shares of Invitation Homes by 2.8% in the 4th quarter. Arbor Capital Management Inc. ADV now owns 16,423 shares of the company’s stock valued at $506,000 after purchasing an additional 442 shares during the period. 96.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Morgan Stanley cut Invitation Homes from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $39.00 to $35.00 in a research note on Friday, January 24th. Jefferies Financial Group downgraded shares of Invitation Homes from a “buy” rating to a “hold” rating and reduced their target price for the stock from $39.00 to $33.00 in a research report on Thursday, January 2nd. Barclays reissued an “overweight” rating and set a $37.00 price target (up from $36.00) on shares of Invitation Homes in a research report on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft cut shares of Invitation Homes from a “buy” rating to a “hold” rating and cut their price objective for the stock from $41.00 to $33.00 in a report on Tuesday, January 21st. Finally, Mizuho upgraded shares of Invitation Homes from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $33.00 to $36.00 in a report on Thursday, March 13th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $37.38.

Invitation Homes Trading Down 0.3 %

Invitation Homes stock opened at $33.77 on Friday. Invitation Homes Inc. has a one year low of $29.37 and a one year high of $37.80. The business’s fifty day moving average is $33.28 and its 200 day moving average is $32.79. The stock has a market capitalization of $20.70 billion, a PE ratio of 47.56, a price-to-earnings-growth ratio of 4.70 and a beta of 0.86. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.24 and a quick ratio of 0.24.

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

Invitation Homes Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 17th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Thursday, March 27th. Invitation Homes’s dividend payout ratio (DPR) is presently 158.90%.

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.