Invitation Homes (NYSE:INVH) Price Target Lowered to $36.00 at Barclays

Invitation Homes (NYSE:INVH) had its price objective decreased by research analysts at Barclays from $38.00 to $36.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 18.17% from the stock’s current price.

Several other equities research analysts have also issued reports on the company. Morgan Stanley lowered Invitation Homes from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $39.00 to $35.00 in a research report on Friday. JMP Securities restated a “market outperform” rating and issued a $40.00 price target on shares of Invitation Homes in a research report on Thursday, December 12th. Royal Bank of Canada lowered their price objective on shares of Invitation Homes from $36.00 to $34.00 and set a “sector perform” rating for the company in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft cut shares of Invitation Homes from a “buy” rating to a “hold” rating and cut their target price for the stock from $41.00 to $33.00 in a report on Tuesday. Finally, Mizuho dropped their price target on Invitation Homes from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, October 10th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Invitation Homes currently has an average rating of “Hold” and an average price target of $37.47.

Invitation Homes Stock Down 0.9 %

Shares of Invitation Homes stock opened at $30.46 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average price of $32.55 and a 200 day moving average price of $34.15. Invitation Homes has a fifty-two week low of $30.13 and a fifty-two week high of $37.80. The firm has a market cap of $18.66 billion, a P/E ratio of 42.91, a P/E/G ratio of 4.51 and a beta of 1.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in INVH. Paladin Wealth LLC bought a new stake in Invitation Homes during the third quarter worth approximately $40,000. Assetmark Inc. lifted its stake in Invitation Homes by 1,664.9% during the third quarter. Assetmark Inc. now owns 1,306 shares of the company’s stock valued at $46,000 after purchasing an additional 1,232 shares during the last quarter. Brooklyn Investment Group bought a new stake in Invitation Homes during the third quarter worth approximately $49,000. Huntington National Bank grew its position in Invitation Homes by 53.2% in the third quarter. Huntington National Bank now owns 2,014 shares of the company’s stock worth $71,000 after buying an additional 699 shares during the last quarter. Finally, Intact Investment Management Inc. bought a new position in shares of Invitation Homes in the third quarter valued at $74,000. 96.79% of the stock is currently owned by institutional investors.

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.