Invitation Homes (NYSE:INVH) was upgraded by research analysts at TheStreet from a “d+” rating to a “c-” rating in a research note issued on Wednesday.

A number of other research analysts also recently weighed in on INVH. Mizuho downgraded Invitation Homes from a “buy” rating to a “neutral” rating and decreased their price target for the company from $25.00 to $23.00 in a research note on Wednesday, November 14th. Zacks Investment Research upgraded Invitation Homes from a “sell” rating to a “hold” rating in a research note on Friday, January 25th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $25.10.

NYSE:INVH opened at $23.86 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.12. The stock has a market cap of $12.26 billion, a P/E ratio of 103.74, a PEG ratio of 3.30 and a beta of 0.53. Invitation Homes has a 52-week low of $19.21 and a 52-week high of $23.97.

Invitation Homes (NYSE:INVH) last posted its quarterly earnings data on Thursday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.30. The business had revenue of $433.00 million during the quarter, compared to the consensus estimate of $440.07 million. Invitation Homes had a positive return on equity of 0.64% and a negative net margin of 0.30%. Invitation Homes’s quarterly revenue was up 31.2% on a year-over-year basis. During the same period last year, the company earned $0.29 earnings per share. On average, research analysts predict that Invitation Homes will post 1.24 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of INVH. Bank of Montreal Can grew its stake in Invitation Homes by 338.8% in the third quarter. Bank of Montreal Can now owns 4,555 shares of the company’s stock valued at $104,000 after purchasing an additional 3,517 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Invitation Homes by 274.0% in the third quarter. First Trust Advisors LP now owns 178,138 shares of the company’s stock valued at $4,081,000 after buying an additional 130,503 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Invitation Homes by 10.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 273,478 shares of the company’s stock valued at $6,266,000 after buying an additional 26,945 shares during the last quarter. US Bancorp DE lifted its position in shares of Invitation Homes by 6.5% in the third quarter. US Bancorp DE now owns 73,545 shares of the company’s stock valued at $1,685,000 after buying an additional 4,497 shares during the last quarter. Finally, Dupont Capital Management Corp lifted its position in shares of Invitation Homes by 62.3% in the third quarter. Dupont Capital Management Corp now owns 79,924 shares of the company’s stock valued at $1,831,000 after buying an additional 30,688 shares during the last quarter.

Invitation Homes Company Profile

Invitation Homes is a leading owner and operator of single-family rental homes, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools.

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Analyst Recommendations for Invitation Homes (NYSE:INVH)

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