V Square Quantitative Management LLC Buys 1,085 Shares of Invitation Homes Inc. (NYSE:INVH)

V Square Quantitative Management LLC boosted its position in shares of Invitation Homes Inc. (NYSE:INVH) by 14.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,436 shares of the company’s stock after acquiring an additional 1,085 shares during the period. V Square Quantitative Management LLC’s holdings in Invitation Homes were worth $297,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. bought a new stake in shares of Invitation Homes during the 1st quarter valued at $26,000. UMB Bank n.a. raised its holdings in Invitation Homes by 496.9% during the second quarter. UMB Bank n.a. now owns 770 shares of the company’s stock valued at $28,000 after acquiring an additional 641 shares during the period. Paladin Wealth LLC purchased a new position in shares of Invitation Homes in the third quarter valued at about $40,000. Family Firm Inc. bought a new position in shares of Invitation Homes in the second quarter worth about $42,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invitation Homes during the second quarter worth about $44,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Scotiabank lowered their price target on Invitation Homes from $38.00 to $37.00 and set a “sector perform” rating on the stock in a report on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft upgraded shares of Invitation Homes from a “hold” rating to a “buy” rating and upped their target price for the stock from $35.00 to $41.00 in a research report on Wednesday, July 24th. Mizuho decreased their price target on shares of Invitation Homes from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, October 10th. Bank of America lowered Invitation Homes from a “buy” rating to a “neutral” rating and cut their price objective for the company from $39.00 to $37.00 in a research report on Tuesday, September 24th. Finally, Evercore ISI lifted their target price on Invitation Homes from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

Invitation Homes Stock Performance

Shares of NYSE:INVH opened at $34.13 on Monday. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $20.91 billion, a price-to-earnings ratio of 39.23, a PEG ratio of 4.71 and a beta of 1.01. Invitation Homes Inc. has a 12 month low of $28.49 and a 12 month high of $37.80. The firm’s 50-day moving average is $35.44 and its 200 day moving average is $35.16.

Invitation Homes (NYSE:INVH) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.34). Invitation Homes had a return on equity of 4.68% and a net margin of 18.75%. The business had revenue of $653.45 million during the quarter, compared to analysts’ expectations of $654.70 million. Research analysts predict that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 26th were issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date was Thursday, September 26th. Invitation Homes’s payout ratio is presently 128.74%.

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.