Axa S.A. Has $350,000 Position in Invitation Homes Inc. (NYSE:INVH)

Axa S.A. lessened its position in Invitation Homes Inc. (NYSE:INVH) by 3.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 10,951 shares of the company’s stock after selling 362 shares during the period. Axa S.A.’s holdings in Invitation Homes were worth $350,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of INVH. Cohen & Steers Inc. lifted its holdings in shares of Invitation Homes by 1.7% in the fourth quarter. Cohen & Steers Inc. now owns 61,645,138 shares of the company’s stock valued at $1,970,744,000 after purchasing an additional 1,019,377 shares in the last quarter. Norges Bank bought a new stake in shares of Invitation Homes in the fourth quarter valued at $1,646,794,000. Geode Capital Management LLC grew its stake in shares of Invitation Homes by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 15,059,390 shares of the company’s stock worth $480,276,000 after acquiring an additional 365,954 shares during the period. Centersquare Investment Management LLC increased its holdings in Invitation Homes by 42.9% in the 4th quarter. Centersquare Investment Management LLC now owns 12,898,533 shares of the company’s stock worth $412,366,000 after acquiring an additional 3,870,432 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Invitation Homes by 74.1% during the 4th quarter. JPMorgan Chase & Co. now owns 10,949,043 shares of the company’s stock valued at $350,041,000 after buying an additional 4,661,213 shares in the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

INVH has been the subject of a number of analyst reports. Mizuho upgraded shares of Invitation Homes from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $33.00 to $36.00 in a research report on Thursday, March 13th. Oppenheimer raised their price objective on Invitation Homes from $39.00 to $41.00 and gave the company an “outperform” rating in a report on Tuesday, May 6th. Royal Bank of Canada upped their price target on shares of Invitation Homes from $35.00 to $36.00 and gave the company a “sector perform” rating in a research report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft downgraded Invitation Homes from a “buy” rating to a “hold” rating and lowered their price objective for the company from $41.00 to $33.00 in a research report on Tuesday, January 21st. Finally, Raymond James boosted their target price on Invitation Homes from $36.00 to $39.00 and gave the company an “outperform” rating in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $37.88.

Invitation Homes Price Performance

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

Invitation Homes (NYSE:INVH) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. The firm had revenue of $674.48 million during the quarter, compared to analyst estimates of $663.77 million. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. Invitation Homes’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS. Equities analysts predict that Invitation Homes Inc. will post 1.83 earnings per share for the current fiscal year.

Invitation Homes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 17th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend was Thursday, March 27th. Invitation Homes’s dividend payout ratio (DPR) is presently 150.65%.

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.