Mizuho Securities USA LLC Purchases 17,054 Shares of Invitation Homes Inc. (NYSE:INVH)

Mizuho Securities USA LLC boosted its position in Invitation Homes Inc. (NYSE:INVH) by 46.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,997 shares of the company’s stock after buying an additional 17,054 shares during the quarter. Mizuho Securities USA LLC’s holdings in Invitation Homes were worth $1,726,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of INVH. Empowered Funds LLC lifted its position in shares of Invitation Homes by 7.5% in the third quarter. Empowered Funds LLC now owns 10,776 shares of the company’s stock worth $380,000 after purchasing an additional 754 shares in the last quarter. Pathstone Holdings LLC lifted its position in Invitation Homes by 2.4% during the 3rd quarter. Pathstone Holdings LLC now owns 44,764 shares of the company’s stock worth $1,581,000 after buying an additional 1,031 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of Invitation Homes by 43.6% during the 3rd quarter. Cerity Partners LLC now owns 22,029 shares of the company’s stock worth $777,000 after buying an additional 6,685 shares during the last quarter. Swedbank AB grew its holdings in shares of Invitation Homes by 25.1% in the 3rd quarter. Swedbank AB now owns 574,855 shares of the company’s stock valued at $20,269,000 after acquiring an additional 115,211 shares in the last quarter. Finally, Centaurus Financial Inc. acquired a new stake in shares of Invitation Homes in the third quarter valued at about $107,000. Institutional investors own 96.79% of the company’s stock.

Invitation Homes Stock Down 0.4 %

INVH opened at $34.09 on Wednesday. The stock has a fifty day moving average of $32.25 and a 200-day moving average of $33.15. The company has a market capitalization of $20.89 billion, a P/E ratio of 48.01, a P/E/G ratio of 4.70 and a beta of 1.03. Invitation Homes Inc. has a fifty-two week low of $30.13 and a fifty-two week high of $37.80. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.24 and a current ratio of 0.24.

Invitation Homes (NYSE:INVH) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. Invitation Homes had a net margin of 17.02% and a return on equity of 4.36%. The firm had revenue of $659.13 million during the quarter, compared to the consensus estimate of $658.71 million. On average, equities analysts expect that Invitation Homes Inc. will post 1.83 EPS for the current year.

Invitation Homes Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 17th will be issued a $0.29 dividend. The ex-dividend date is Thursday, March 27th. This represents a $1.16 annualized dividend and a yield of 3.40%. Invitation Homes’s dividend payout ratio is presently 158.90%.

Wall Street Analysts Forecast Growth

INVH has been the subject of several recent research reports. JMP Securities reissued a “market outperform” rating and set a $40.00 price target on shares of Invitation Homes in a research report on Thursday, December 12th. Mizuho raised shares of Invitation Homes from a “neutral” rating to an “outperform” rating and raised their target price for the company from $33.00 to $36.00 in a research note on Thursday, March 13th. Deutsche Bank Aktiengesellschaft lowered shares of Invitation Homes from a “buy” rating to a “hold” rating and dropped their price target for the stock from $41.00 to $33.00 in a research report on Tuesday, January 21st. Jefferies Financial Group downgraded shares of Invitation Homes from a “buy” rating to a “hold” rating and decreased their price objective for the company from $39.00 to $33.00 in a research report on Thursday, January 2nd. Finally, Morgan Stanley cut shares of Invitation Homes from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $39.00 to $35.00 in a report on Friday, January 24th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $37.56.

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.