Invitation Homes (NYSE:INVH) Lowered to “Hold” Rating by Jefferies Financial Group

Invitation Homes (NYSE:INVH) was downgraded by investment analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note issued on Thursday, MarketBeat.com reports. They presently have a $33.00 target price on the stock, down from their prior target price of $39.00. Jefferies Financial Group’s price target would suggest a potential upside of 3.35% from the stock’s current price.

INVH has been the subject of a number of other research reports. Barclays began coverage on shares of Invitation Homes in a report on Tuesday, December 17th. They set an “overweight” rating and a $38.00 price target for the company. JMP Securities restated a “market outperform” rating and issued a $40.00 target price on shares of Invitation Homes in a research report on Thursday, December 12th. JPMorgan Chase & Co. increased their price target on Invitation Homes from $36.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, September 16th. Keefe, Bruyette & Woods reduced their price objective on shares of Invitation Homes from $37.00 to $35.00 and set a “market perform” rating on the stock in a report on Wednesday, November 6th. Finally, The Goldman Sachs Group assumed coverage on shares of Invitation Homes in a research report on Wednesday, September 4th. They issued a “buy” rating and a $46.00 target price on the stock. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $38.37.

Invitation Homes Trading Up 1.6 %

Shares of INVH opened at $31.93 on Thursday. Invitation Homes has a 12-month low of $31.01 and a 12-month high of $37.80. The firm has a market capitalization of $19.56 billion, a P/E ratio of 44.97, a P/E/G ratio of 5.03 and a beta of 1.03. The firm has a 50-day moving average price of $33.08 and a 200 day moving average price of $34.60. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54.

Hedge Funds Weigh In On Invitation Homes

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INVH. Capital Square LLC increased its position in shares of Invitation Homes by 1.3% during the third quarter. Capital Square LLC now owns 23,726 shares of the company’s stock worth $837,000 after purchasing an additional 308 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in Invitation Homes by 0.6% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 49,448 shares of the company’s stock worth $1,775,000 after buying an additional 310 shares during the last quarter. GAMMA Investing LLC increased its position in Invitation Homes by 6.5% during the third quarter. GAMMA Investing LLC now owns 5,600 shares of the company’s stock worth $197,000 after buying an additional 343 shares during the period. CWM LLC lifted its stake in Invitation Homes by 5.1% in the third quarter. CWM LLC now owns 7,285 shares of the company’s stock valued at $257,000 after buying an additional 351 shares during the last quarter. Finally, Inspire Investing LLC grew its position in shares of Invitation Homes by 0.6% during the third quarter. Inspire Investing LLC now owns 64,641 shares of the company’s stock worth $2,279,000 after acquiring an additional 369 shares during the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

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.