Assetmark Inc. Grows Position in Invitation Homes Inc. (NYSE:INVH)

Assetmark Inc. grew its stake in shares of Invitation Houses Inc. (NYSE:INVH – Free Report) by 179.5% within the fourth quarter, in keeping with the corporate in its most up-to-date Type 13F submitting with the SEC. The agency owned 3,650 shares of the corporate’s inventory after buying a further 2,344 shares in the course of the quarter. Assetmark Inc.’s holdings in Invitation Houses had been price $117,000 on the finish of the newest quarter.

Quite a few different institutional buyers have additionally not too long ago made modifications to their positions within the inventory. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Invitation Houses by 5.6% in the course of the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 11,495 shares of the corporate’s inventory valued at $366,000 after buying a further 608 shares in the course of the interval. Nicola Wealth Administration LTD. raised its holdings in shares of Invitation Houses by 29.6% in the course of the fourth quarter. Nicola Wealth Administration LTD. now owns 60,048 shares of the corporate’s inventory valued at $1,920,000 after buying a further 13,700 shares within the final quarter. Charles Schwab Funding Administration Inc. raised its holdings in shares of Invitation Houses by 0.5% in the course of the fourth quarter. Charles Schwab Funding Administration Inc. now owns 6,598,451 shares of the corporate’s inventory valued at $210,952,000 after buying a further 31,184 shares within the final quarter. Jones Monetary Firms Lllp raised its holdings in shares of Invitation Houses by 78.3% in the course of the fourth quarter. Jones Monetary Firms Lllp now owns 1,836 shares of the corporate’s inventory valued at $59,000 after buying a further 806 shares within the final quarter. Lastly, SRS Capital Advisors Inc. raised its holdings in shares of Invitation Houses by 654.8% in the course of the fourth quarter. SRS Capital Advisors Inc. now owns 951 shares of the corporate’s inventory valued at $30,000 after buying a further 825 shares within the final quarter. Hedge funds and different institutional buyers personal 96.79% of the corporate’s inventory.

Invitation Houses Buying and selling Up 1.7 %

NYSE INVH opened at $33.46 on Friday. Invitation Houses Inc. has a 12 month low of $30.13 and a 12 month excessive of $37.80. The inventory has a market cap of $20.50 billion, a P/E ratio of 47.13, a P/E/G ratio of 4.70 and a beta of 1.03. The inventory’s fifty day transferring common value is $31.83 and its 200-day transferring common value is $33.34. The corporate has a present ratio of 0.24, a fast ratio of 0.24 and a debt-to-equity ratio of 0.54.

Invitation Houses (NYSE:INVH – Get Free Report) final launched its earnings outcomes on Wednesday, February twenty sixth. The corporate reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Invitation Houses had a return on fairness of 4.36% and a internet margin of 17.02%. The agency had income of $659.13 million for the quarter, in comparison with analysts’ expectations of $658.71 million. As a bunch, equities analysts forecast that Invitation Houses Inc. will put up 1.83 EPS for the present fiscal yr.

Invitation Houses Dividend Announcement

The agency additionally not too long ago disclosed a quarterly dividend, which might be paid on Thursday, April seventeenth. Traders of file on Monday, March seventeenth might be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of three.47%. Invitation Houses’s dividend payout ratio (DPR) is presently 158.90%.

Wall Road Analyst Weigh In

Quite a few equities analysts not too long ago commented on the corporate. Jefferies Monetary Group downgraded Invitation Houses from a “purchase” score to a “maintain” score and decreased their goal value for the corporate from $39.00 to $33.00 in a report on Thursday, January 2nd. JMP Securities restated a “market outperform” score and set a $40.00 goal value on shares of Invitation Houses in a report on Thursday, December twelfth. Mizuho upgraded Invitation Houses from a “impartial” score to an “outperform” score and upped their goal value for the corporate from $33.00 to $36.00 in a report on Thursday. Barclays restated an “chubby” score and set a $37.00 goal value (up beforehand from $36.00) on shares of Invitation Houses in a report on Wednesday. Lastly, Deutsche Financial institution Aktiengesellschaft downgraded Invitation Houses from a “purchase” score to a “maintain” score and decreased their goal value for the corporate from $41.00 to $33.00 in a report on Tuesday, January twenty first. Ten funding analysts have rated the inventory with a maintain score and 7 have assigned a purchase score to the corporate’s inventory. In line with information from MarketBeat.com, the corporate has a consensus score of “Maintain” and a mean value goal of $37.65.

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Invitation Houses Profile

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Invitation Houses, an S&P 500 firm, is the nation’s premier single-family house leasing and administration firm, assembly altering way of life calls for by offering entry to high-quality, up to date properties with valued options reminiscent of shut proximity to jobs and entry to good colleges. The corporate’s mission, Along with you, we make a home a house, displays its dedication to offering properties the place people and households can thrive and high-touch service that constantly enhances residents’ residing experiences.

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