Mutual of America Capital Management LLC Has $2.47 Million Holdings in Invitation Homes Inc. (NYSE:INVH)

Mutual of America Capital Management LLC decreased its stake in Invitation Homes Inc. (NYSE:INVH) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 70,153 shares of the company’s stock after selling 2,464 shares during the period. Mutual of America Capital Management LLC’s holdings in Invitation Homes were worth $2,474,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. UMB Bank n.a. increased its holdings in shares of 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. Paladin Wealth LLC bought a new stake in Invitation Homes during the 3rd quarter worth approximately $40,000. Family Firm Inc. acquired a new stake in Invitation Homes during the 2nd quarter valued at $42,000. Ashton Thomas Private Wealth LLC bought a new position in Invitation Homes in the 2nd quarter valued at $44,000. Finally, Headlands Technologies LLC acquired a new position in Invitation Homes in the second quarter worth $45,000. 96.79% of the stock is currently owned by institutional investors.

Invitation Homes Stock Up 0.2 %

Shares of NYSE:INVH opened at $33.88 on Friday. The company has a 50 day moving average price of $34.10 and a two-hundred day moving average price of $35.01. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24. The company has a market capitalization of $20.76 billion, a PE ratio of 47.72, a PEG ratio of 5.14 and a beta of 1.02. Invitation Homes Inc. has a 52 week low of $31.01 and a 52 week high of $37.80.

Invitation Homes Announces Dividend

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

Analyst Ratings Changes

INVH has been the subject of a number of research analyst reports. Scotiabank cut their price target on Invitation Homes from $38.00 to $37.00 and set a “sector perform” rating for the company in a report on Tuesday, September 10th. Royal Bank of Canada dropped their target price on shares of Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating for the company in a research note on Friday, November 1st. Bank of America cut shares of Invitation Homes from a “buy” rating to a “neutral” rating and decreased their price target for the company from $39.00 to $37.00 in a research note on Tuesday, September 24th. Evercore ISI boosted their price objective on shares of Invitation Homes from $37.00 to $38.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Keefe, Bruyette & Woods reduced 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $38.80.

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.