Barclays PLC Sells 321,858 Shares of Invitation Homes Inc. (NYSE:INVH)

Barclays PLC decreased its position in Invitation Homes Inc. (NYSE:INVH) by 21.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,182,224 shares of the company’s stock after selling 321,858 shares during the quarter. Barclays PLC owned approximately 0.19% of Invitation Homes worth $41,686,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. grew its position in Invitation Homes by 496.9% in the 2nd quarter. UMB Bank n.a. now owns 770 shares of the company’s stock worth $28,000 after purchasing an additional 641 shares in the last quarter. Paladin Wealth LLC bought a new position in shares of Invitation Homes in the third quarter valued at approximately $40,000. Family Firm Inc. purchased a new stake in shares of Invitation Homes during the second quarter valued at approximately $42,000. Ashton Thomas Private Wealth LLC bought a new stake in Invitation Homes during the second quarter worth $44,000. Finally, Headlands Technologies LLC bought a new stake in Invitation Homes during the second quarter worth $45,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective on Invitation Homes from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Wells Fargo & Company downgraded shares of Invitation Homes from an “overweight” rating to an “equal weight” rating and raised their price objective for the stock from $37.00 to $38.00 in a report on Monday, August 26th. JMP Securities reiterated a “market outperform” rating and issued a $40.00 target price on shares of Invitation Homes in a research note on Thursday. Keefe, Bruyette & Woods reduced their target price on shares of Invitation Homes from $37.00 to $35.00 and set a “market perform” rating for the company in a research report on Wednesday, November 6th. Finally, Evercore ISI lifted their price target on shares of Invitation Homes from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.80.

Invitation Homes Stock Down 0.3 %

Shares of NYSE INVH opened at $33.18 on Friday. The business has a 50-day simple moving average of $33.63 and a two-hundred day simple moving average of $34.89. Invitation Homes Inc. has a 52 week low of $31.01 and a 52 week high of $37.80. The company has a market cap of $20.33 billion, a P/E ratio of 46.73, a P/E/G ratio of 5.09 and a beta of 1.03. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54.

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.