Asset Management One Co. Ltd. increased its stake in shares of Starwood Waypoint Homes (NYSE:SFR) by 14.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 299,623 shares of the financial services provider’s stock after purchasing an additional 36,687 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.23% of Starwood Waypoint Homes worth $10,786,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Verition Fund Management LLC lifted its stake in shares of Starwood Waypoint Homes by 1.5% during the 2nd quarter. Verition Fund Management LLC now owns 11,719 shares of the financial services provider’s stock worth $402,000 after purchasing an additional 176 shares during the last quarter. Suntrust Banks Inc. lifted its stake in shares of Starwood Waypoint Homes by 3.6% during the 2nd quarter. Suntrust Banks Inc. now owns 8,235 shares of the financial services provider’s stock worth $282,000 after purchasing an additional 284 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in shares of Starwood Waypoint Homes by 5.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 8,012 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 414 shares during the last quarter. Comerica Bank lifted its stake in shares of Starwood Waypoint Homes by 14.2% during the 2nd quarter. Comerica Bank now owns 9,672 shares of the financial services provider’s stock worth $341,000 after purchasing an additional 1,206 shares during the last quarter. Finally, ProShare Advisors LLC lifted its stake in shares of Starwood Waypoint Homes by 19.3% during the 2nd quarter. ProShare Advisors LLC now owns 8,936 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 1,448 shares during the last quarter.

A number of equities research analysts recently weighed in on SFR shares. B. Riley set a $39.00 price objective on Starwood Waypoint Homes and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Zacks Investment Research upgraded Starwood Waypoint Homes from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Thursday, September 28th. Finally, ValuEngine cut Starwood Waypoint Homes from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $37.73.

Shares of Starwood Waypoint Homes (SFR) remained flat at $$37.13 during trading hours on Friday. Starwood Waypoint Homes has a 1 year low of $28.10 and a 1 year high of $38.58. The stock has a market cap of $4,770.00, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 4.04 and a beta of 0.77. The company has a current ratio of 2.18, a quick ratio of 2.62 and a debt-to-equity ratio of 1.17.

Starwood Waypoint Homes (NYSE:SFR) last announced its earnings results on Wednesday, November 8th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.01). Starwood Waypoint Homes had a negative net margin of 7.41% and a negative return on equity of 1.07%. The business had revenue of $169.70 million for the quarter, compared to analyst estimates of $163.69 million. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. research analysts expect that Starwood Waypoint Homes will post 1.83 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This report was first reported by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another site, it was stolen and reposted in violation of international copyright & trademark law. The original version of this report can be read at https://www.watchlistnews.com/asset-management-one-co-ltd-raises-holdings-in-starwood-waypoint-homes-sfr/1769834.html.

Starwood Waypoint 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.

Want to see what other hedge funds are holding SFR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Waypoint Homes (NYSE:SFR).

Institutional Ownership by Quarter for Starwood Waypoint Homes (NYSE:SFR)

Receive News & Ratings for Starwood Waypoint Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Waypoint Homes and related companies with MarketBeat.com's FREE daily email newsletter.