Cwm LLC Has $252,000 Stake in Invitation Homes Inc. (NYSE:INVH)

Cwm LLC boosted its stake in Invitation Homes Inc. (NYSE:INVH) by 12.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,398 shares of the company’s stock after buying an additional 808 shares during the period. Cwm LLC’s holdings in Invitation Homes were worth $252,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Alps Advisors Inc. increased its holdings in Invitation Homes by 2.2% in the third quarter. Alps Advisors Inc. now owns 17,515 shares of the company’s stock valued at $555,000 after purchasing an additional 372 shares during the period. Park Avenue Securities LLC grew its holdings in Invitation Homes by 2.4% during the 3rd quarter. Park Avenue Securities LLC now owns 17,781 shares of the company’s stock worth $563,000 after acquiring an additional 421 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Invitation Homes by 0.3% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 144,841 shares of the company’s stock worth $4,590,000 after acquiring an additional 473 shares during the period. Wealth Alliance grew its holdings in Invitation Homes by 9.0% during the 4th quarter. Wealth Alliance now owns 7,394 shares of the company’s stock worth $252,000 after acquiring an additional 610 shares during the period. Finally, Global Wealth Management Investment Advisory Inc. grew its holdings in Invitation Homes by 7.5% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 8,725 shares of the company’s stock worth $276,000 after acquiring an additional 611 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Invitation Homes

In related news, CFO Jonathan S. Olsen sold 10,000 shares of Invitation Homes stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $34.75, for a total value of $347,500.00. Following the completion of the transaction, the chief financial officer now directly owns 37,037 shares in the company, valued at approximately $1,287,035.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Oppenheimer increased their price target on Invitation Homes from $35.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, January 5th. KeyCorp increased their price target on Invitation Homes from $35.00 to $38.00 and gave the stock an “overweight” rating in a report on Friday, January 5th. Raymond James increased their price target on Invitation Homes from $37.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Invitation Homes in a research report on Tuesday, January 30th. They set a “hold” rating and a $35.00 price objective on the stock. Finally, BNP Paribas assumed coverage on shares of Invitation Homes in a research report on Monday, January 22nd. They set an “outperform” rating and a $39.00 price objective on the stock. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.19.

Invitation Homes Price Performance

Invitation Homes stock opened at $34.38 on Friday. Invitation Homes Inc. has a 52 week low of $28.49 and a 52 week high of $36.53. The company’s 50 day moving average price is $34.52 and its two-hundred day moving average price is $33.50. The company has a quick ratio of 0.20, a current ratio of 0.21 and a debt-to-equity ratio of 0.53. The stock has a market cap of $21.06 billion, a P/E ratio of 39.52, a P/E/G ratio of 2.02 and a beta of 0.95.

Invitation Homes (NYSE:INVH) last posted its earnings results on Tuesday, February 13th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.23). Invitation Homes had a return on equity of 5.29% and a net margin of 21.75%. The firm had revenue of $624.32 million for the quarter, compared to the consensus estimate of $623.51 million. On average, equities analysts predict that Invitation Homes Inc. will post 1.83 earnings per share for the current year.

Invitation Homes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.28 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.12 annualized dividend and a dividend yield of 3.26%. Invitation Homes’s payout ratio is currently 128.74%.

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.