Capital Square LLC Acquires 308 Shares of Invitation Homes Inc. (NYSE:INVH)

Capital Square LLC increased its position in shares of Invitation Homes Inc. (NYSE:INVH) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,726 shares of the company’s stock after buying an additional 308 shares during the period. Capital Square LLC’s holdings in Invitation Homes were worth $837,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. UMB Bank n.a. increased its position in Invitation Homes by 496.9% in the 2nd quarter. UMB Bank n.a. now owns 770 shares of the company’s stock worth $28,000 after buying an additional 641 shares during the period. Paladin Wealth LLC bought a new stake in Invitation Homes in the 3rd quarter valued at $40,000. Family Firm Inc. acquired a new stake in Invitation Homes in the 2nd quarter worth $42,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Invitation Homes during the 2nd quarter worth about $44,000. Finally, Headlands Technologies LLC bought a new stake in shares of Invitation Homes in the second quarter valued at about $45,000. 96.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Invitation Homes from $36.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Evercore ISI increased their price objective on shares of Invitation Homes from $37.00 to $38.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Royal Bank of Canada decreased their target price on shares of Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. Scotiabank dropped their price target on shares of Invitation Homes from $38.00 to $37.00 and set a “sector perform” rating for the company in a research report on Tuesday, September 10th. Finally, Keefe, Bruyette & Woods decreased their price objective on Invitation Homes from $37.00 to $35.00 and set a “market perform” rating on the stock in a report on Wednesday, November 6th. Eight equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $38.80.

Invitation Homes Stock Up 0.9 %

Shares of NYSE:INVH traded up $0.31 during mid-day trading on Monday, reaching $34.19. 307,002 shares of the stock were exchanged, compared to its average volume of 3,347,417. The stock’s 50 day simple moving average is $34.10 and its 200-day simple moving average is $35.01. Invitation Homes Inc. has a one year low of $31.01 and a one year high of $37.80. The company has a market cap of $20.95 billion, a P/E ratio of 47.72, a P/E/G ratio of 5.15 and a beta of 1.02. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54.

Invitation Homes Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 26th were given 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 dividend payout ratio is presently 157.75%.

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.