Invitation Homes Inc. (NYSE:INVH) Holdings Lifted by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. increased its position in shares of Invitation Homes Inc. (NYSE:INVH) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 245,046 shares of the company’s stock after acquiring an additional 4,384 shares during the period. Royal London Asset Management Ltd.’s holdings in Invitation Homes were worth $8,795,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of INVH. BOK Financial Private Wealth Inc. acquired a new position in shares of Invitation Homes in the 1st quarter worth approximately $26,000. UMB Bank n.a. boosted its holdings in Invitation Homes by 496.9% during the second quarter. UMB Bank n.a. now owns 770 shares of the company’s stock worth $28,000 after buying an additional 641 shares in the last quarter. Family Firm Inc. acquired a new position in Invitation Homes in the second quarter worth approximately $42,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Invitation Homes in the second quarter valued at $44,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of Invitation Homes during the 4th quarter valued at $46,000. 96.79% of the stock is currently owned by institutional investors.

Invitation Homes Stock Up 0.8 %

Shares of Invitation Homes stock opened at $36.28 on Friday. The firm has a market cap of $22.22 billion, a price-to-earnings ratio of 41.70, a P/E/G ratio of 4.49 and a beta of 1.01. The stock has a 50-day simple moving average of $35.75 and a 200-day simple moving average of $35.13. Invitation Homes Inc. has a 52-week low of $28.49 and a 52-week high of $37.80. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.20 and a quick ratio of 0.20.

Invitation Homes (NYSE:INVH) last posted its earnings results on Wednesday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.34). Invitation Homes had a net margin of 18.75% and a return on equity of 4.68%. The business had revenue of $653.45 million during the quarter, compared to analyst estimates of $654.70 million. On average, equities research analysts expect that Invitation Homes Inc. will post 1.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

INVH has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on Invitation Homes from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Monday, June 17th. Evercore ISI cut their price objective on Invitation Homes from $38.00 to $37.00 and set an “outperform” rating on the stock in a report on Monday. The Goldman Sachs Group began coverage on shares of Invitation Homes in a research note on Wednesday, September 4th. They set a “buy” rating and a $46.00 price objective for the company. Mizuho dropped their target price on shares of Invitation Homes from $37.00 to $36.00 and set a “neutral” rating on the stock in a research report on Monday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Invitation Homes from a “hold” rating to a “buy” rating and upped their price target for the company from $35.00 to $41.00 in a research report on Wednesday, July 24th. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $38.85.

Invitation Homes Company 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.