Atria Investments Inc Acquires 1,094 Shares of Invitation Homes Inc. (NYSE:INVH)

Atria Investments Inc raised its holdings in shares of Invitation Homes Inc. (NYSE:INVH) by 4.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,859 shares of the company’s stock after purchasing an additional 1,094 shares during the period. Atria Investments Inc’s holdings in Invitation Homes were worth $912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of INVH. Oregon Public Employees Retirement Fund lifted its stake in Invitation Homes by 0.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 49,448 shares of the company’s stock worth $1,775,000 after acquiring an additional 310 shares during the period. GAMMA Investing LLC raised its holdings in Invitation Homes by 6.5% in the 3rd quarter. GAMMA Investing LLC now owns 5,600 shares of the company’s stock worth $197,000 after purchasing an additional 343 shares in the last quarter. CWM LLC lifted its position in shares of Invitation Homes by 5.1% in the 3rd quarter. CWM LLC now owns 7,285 shares of the company’s stock worth $257,000 after purchasing an additional 351 shares during the period. Appleton Partners Inc. MA boosted its stake in shares of Invitation Homes by 0.9% during the 2nd quarter. Appleton Partners Inc. MA now owns 39,868 shares of the company’s stock valued at $1,431,000 after purchasing an additional 365 shares in the last quarter. Finally, Inspire Investing LLC increased its position in shares of Invitation Homes by 0.6% during the third quarter. Inspire Investing LLC now owns 64,641 shares of the company’s stock valued at $2,279,000 after buying an additional 369 shares during the period. Institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on INVH shares. Scotiabank reduced their target price 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. Royal Bank of Canada reduced their price target on Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating on the stock in a research note on Friday, November 1st. The Goldman Sachs Group initiated coverage on Invitation Homes in a research report on Wednesday, September 4th. They set a “buy” rating and a $46.00 price objective for the company. Keefe, Bruyette & Woods reduced their target price on shares of Invitation Homes from $37.00 to $35.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 6th. Finally, Bank of America cut shares of Invitation Homes from a “buy” rating to a “neutral” rating and lowered their price target for the company from $39.00 to $37.00 in a research report on Tuesday, September 24th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $38.80.

Invitation Homes Price Performance

NYSE INVH opened at $33.79 on Monday. 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 company has a market capitalization of $20.70 billion, a price-to-earnings ratio of 47.59, a PEG ratio of 5.14 and a beta of 1.02. The stock has a 50-day moving average of $34.32 and a 200 day moving average of $35.03. Invitation Homes Inc. has a one year low of $31.01 and a one year high of $37.80.

Invitation Homes Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 26th were given a dividend of $0.28 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.12 dividend on an annualized basis and a yield of 3.31%. Invitation Homes’s dividend payout ratio (DPR) is 157.75%.

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.