B. Metzler seel. Sohn & Co. AG Has $1.72 Million Holdings in Invitation Homes Inc. (NYSE:INVH)

B. Metzler seel. Sohn & Co. AG decreased its holdings in Invitation Homes Inc. (NYSE:INVH) by 61.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 53,817 shares of the company’s stock after selling 84,486 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Invitation Homes were worth $1,721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Lindbrook Capital LLC raised its stake in Invitation Homes by 58.4% in the 4th quarter. Lindbrook Capital LLC now owns 892 shares of the company’s stock valued at $29,000 after acquiring an additional 329 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Invitation Homes by 58.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,024 shares of the company’s stock valued at $33,000 after purchasing an additional 378 shares during the period. Sheaff Brock Investment Advisors LLC lifted its stake 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 buying an additional 408 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Invitation Homes by 5.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,345 shares of the company’s stock worth $235,000 after buying an additional 412 shares during the period. Finally, Arbor Capital Management Inc. ADV grew its stake in 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 buying an additional 442 shares during the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on INVH shares. Mizuho upgraded shares of Invitation Homes from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $33.00 to $36.00 in a research report on Thursday, March 13th. Jefferies Financial Group cut Invitation Homes from a “buy” rating to a “hold” rating and dropped their price target for the stock from $39.00 to $33.00 in a report on Thursday, January 2nd. Barclays reaffirmed an “overweight” rating and issued a $37.00 price objective (up from $36.00) on shares of Invitation Homes in a report on Wednesday, March 12th. Keefe, Bruyette & Woods lifted their target price on Invitation Homes from $35.00 to $36.00 and gave the stock a “market perform” rating in a report on Wednesday, March 5th. Finally, Morgan Stanley downgraded shares of Invitation Homes from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $39.00 to $35.00 in a research note on Friday, January 24th. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $37.47.

Invitation Homes Stock Performance

Shares of Invitation Homes stock opened at $34.71 on Thursday. The company has a 50 day moving average of $32.73 and a 200-day moving average of $33.09. The company has a market cap of $21.27 billion, a PE ratio of 48.89, a price-to-earnings-growth ratio of 4.70 and a beta of 0.86. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. Invitation Homes Inc. has a 1-year low of $30.13 and a 1-year high of $37.80.

Invitation Homes (NYSE:INVH) last issued its earnings results on Wednesday, February 26th. The company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. Invitation Homes had a return on equity of 4.36% and a net margin of 17.02%. The firm had revenue of $659.13 million for the quarter, compared to the consensus estimate of $658.71 million. As a group, equities research analysts forecast 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 will be paid on Thursday, April 17th. Shareholders of record on Monday, March 17th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Thursday, March 27th. Invitation Homes’s dividend payout ratio 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.