Assetmark Inc. bought a new position in shares of Invitation Home Inc. (NYSE:INVH) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,667 shares of the company’s stock, valued at approximately $672,000.

A number of other large investors have also modified their holdings of the stock. BlackRock Inc. purchased a new stake in Invitation Home in the 1st quarter worth approximately $92,688,000. Principal Financial Group Inc. grew its stake in Invitation Home by 59.9% in the 2nd quarter. Principal Financial Group Inc. now owns 6,538,202 shares of the company’s stock valued at $141,422,000 after buying an additional 2,448,615 shares during the last quarter. APG Asset Management US Inc. grew its stake in Invitation Home by 18.6% in the 3rd quarter. APG Asset Management US Inc. now owns 10,900,582 shares of the company’s stock valued at $246,898,000 after buying an additional 1,712,493 shares during the last quarter. Prudential Financial Inc. acquired a new position in Invitation Home in the 2nd quarter valued at $30,253,000. Finally, State Street Corp acquired a new position in Invitation Home in the 1st quarter valued at $26,214,000.

Shares of Invitation Home Inc. (INVH) traded up $0.13 during trading on Friday, hitting $23.50. 2,953,700 shares of the stock traded hands, compared to its average volume of 1,801,669. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.59. Invitation Home Inc. has a 1-year low of $19.80 and a 1-year high of $23.93.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Tuesday, October 24th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, October 23rd. This represents a $0.32 annualized dividend and a dividend yield of 1.36%.

INVH has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Invitation Home from a “buy” rating to a “hold” rating in a research note on Monday, September 4th. Keefe, Bruyette & Woods upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from $23.00 to $22.00 in a research report on Monday, August 14th. FBR & Co restated a “buy” rating on shares of Invitation Home in a research report on Thursday, September 21st. Finally, B. Riley restated a “buy” rating and issued a $26.00 price target on shares of Invitation Home in a research report on Thursday, November 9th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Invitation Home presently has a consensus rating of “Buy” and a consensus target price of $24.60.

COPYRIGHT VIOLATION NOTICE: “Assetmark Inc. Buys New Holdings in Invitation Home Inc. (INVH)” was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.watchlistnews.com/assetmark-inc-buys-new-holdings-in-invitation-home-inc-invh/1724088.html.

Invitation Home Profile

Invitation Homes Inc is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company’s segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments.

Institutional Ownership by Quarter for Invitation Home (NYSE:INVH)

Receive News & Ratings for Invitation Home Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invitation Home Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.