Amica Pension Fund Board of Trustees Buys New Stake in Colony Starwood Homes (SFR)
Amica Pension Fund Board of Trustees bought a new stake in Colony Starwood Homes (NYSE:SFR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 36,698 shares of the financial services provider’s stock, valued at approximately $1,335,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Amica Mutual Insurance Co. purchased a new stake in Colony Starwood Homes in the third quarter valued at approximately $1,567,000. K2 Principal Fund L.P. purchased a new stake in Colony Starwood Homes in the third quarter valued at approximately $4,791,000. Amica Retiree Medical Trust purchased a new stake in Colony Starwood Homes in the third quarter valued at approximately $204,000. American International Group Inc. raised its position in Colony Starwood Homes by 35.1% in the third quarter. American International Group Inc. now owns 84,734 shares of the financial services provider’s stock valued at $3,082,000 after purchasing an additional 22,003 shares during the period. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in Colony Starwood Homes in the third quarter valued at approximately $45,290,000.
Colony Starwood Homes (NYSE SFR) remained flat at $$37.13 during trading on Friday. Colony Starwood Homes has a twelve month low of $28.10 and a twelve month high of $38.58. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.62 and a current ratio of 2.18. The firm has a market cap of $4,770.00, a PE ratio of 20.50, a P/E/G ratio of 4.04 and a beta of 0.77.
Colony Starwood Homes (NYSE:SFR) last posted its quarterly earnings data on Wednesday, November 8th. The financial services provider reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The company had revenue of $169.70 million for the quarter, compared to analysts’ expectations of $163.69 million. Colony Starwood Homes had a negative return on equity of 1.07% and a negative net margin of 7.41%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. analysts predict that Colony Starwood Homes will post 1.83 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, November 7th. Investors of record on Tuesday, October 24th were paid a dividend of $0.11 per share. The ex-dividend date was Monday, October 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.19%. Colony Starwood Homes’s payout ratio is currently -314.29%.
A number of analysts have recently weighed in on the company. ValuEngine raised Colony Starwood Homes from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. B. Riley reaffirmed a “buy” rating and set a $39.00 price objective on shares of Colony Starwood Homes in a research report on Thursday, November 9th. Zacks Investment Research raised Colony Starwood Homes from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Thursday, September 28th. Finally, Mizuho reaffirmed a “neutral” rating and set a $35.00 price objective (down previously from $41.00) on shares of Colony Starwood Homes in a research report on Friday, August 11th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $37.73.
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Colony Starwood Homes Profile
Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.
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