Invitation Homes Inc. (NYSE:INVH) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in shares of Invitation Homes Inc. (NYSE:INVH) by 3.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,567,267 shares of the company’s stock after purchasing an additional 248,701 shares during the period. Charles Schwab Investment Management Inc. owned 1.07% of Invitation Homes worth $231,562,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. KBC Group NV increased its stake in shares of Invitation Homes by 450.8% during the 3rd quarter. KBC Group NV now owns 586,832 shares of the company’s stock worth $20,691,000 after purchasing an additional 480,291 shares during the last quarter. Swedbank AB acquired a new stake in shares of Invitation Homes in the first quarter worth about $16,368,000. Manning & Napier Advisors LLC bought a new stake in shares of Invitation Homes during the 2nd quarter worth about $13,123,000. Panagora Asset Management Inc. increased its holdings in shares of Invitation Homes by 4,524.1% during the 2nd quarter. Panagora Asset Management Inc. now owns 300,795 shares of the company’s stock valued at $10,796,000 after acquiring an additional 294,290 shares during the last quarter. Finally, PGGM Investments raised its stake in shares of Invitation Homes by 4.9% in the 1st quarter. PGGM Investments now owns 4,965,248 shares of the company’s stock valued at $176,812,000 after acquiring an additional 232,012 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Homes Trading Up 0.2 %

Shares of INVH stock opened at $33.88 on Friday. The company has a market capitalization of $20.76 billion, a P/E ratio of 47.72, a P/E/G ratio of 5.14 and a beta of 1.02. Invitation Homes Inc. has a 12-month low of $31.01 and a 12-month high of $37.80. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $34.10 and a 200 day moving average price of $35.01.

Invitation Homes Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have commented on INVH shares. Royal Bank of Canada lowered their price target on Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating on the stock in a report on Friday, November 1st. Keefe, Bruyette & Woods cut their price objective on Invitation Homes from $37.00 to $35.00 and set a “market perform” rating for the company in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised their target price on Invitation Homes from $36.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, September 16th. Wells Fargo & Company lowered Invitation Homes from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $37.00 to $38.00 in a report on Monday, August 26th. Finally, UBS Group raised their price objective on shares of Invitation Homes from $41.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $38.80.

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.