State of New Jersey Common Pension Fund D increased its position in shares of Colony Starwood Homes (NYSE:SFR) by 3.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 278,000 shares of the financial services provider’s stock after buying an additional 10,000 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Colony Starwood Homes were worth $9,538,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SFR. Tudor Investment Corp ET AL boosted its stake in shares of Colony Starwood Homes by 54.8% in the first quarter. Tudor Investment Corp ET AL now owns 57,818 shares of the financial services provider’s stock worth $1,963,000 after buying an additional 20,460 shares in the last quarter. Norges Bank acquired a new position in Colony Starwood Homes during the fourth quarter valued at approximately $16,624,000. American Century Companies Inc. raised its position in Colony Starwood Homes by 83.7% in the first quarter. American Century Companies Inc. now owns 1,383,363 shares of the financial services provider’s stock valued at $46,965,000 after buying an additional 630,205 shares during the last quarter. HGI Capital Management LLC raised its position in Colony Starwood Homes by 135.8% in the first quarter. HGI Capital Management LLC now owns 104,573 shares of the financial services provider’s stock valued at $3,550,000 after buying an additional 60,223 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its position in Colony Starwood Homes by 3.5% in the first quarter. Neuberger Berman Group LLC now owns 1,400,240 shares of the financial services provider’s stock valued at $47,538,000 after buying an additional 47,616 shares during the last quarter. Institutional investors and hedge funds own 86.29% of the company’s stock.

Colony Starwood Homes (NYSE:SFR) opened at 35.35 on Friday. The stock’s market cap is $3.59 billion. The stock has a 50 day moving average of $34.55 and a 200 day moving average of $33.81. Colony Starwood Homes has a 1-year low of $26.74 and a 1-year high of $35.99.

Colony Starwood Homes (NYSE:SFR) last issued its quarterly earnings data on Wednesday, August 9th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. Colony Starwood Homes had a negative net margin of 5.65% and a negative return on equity of 0.86%. The company had revenue of $154.40 million during the quarter, compared to the consensus estimate of $153.39 million. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Equities analysts expect that Colony Starwood Homes will post ($0.03) earnings per share for the current year.

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Several research firms have recently commented on SFR. Zacks Investment Research raised shares of Colony Starwood Homes from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research note on Thursday, May 11th. FBR & Co raised their price objective on shares of Colony Starwood Homes from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Tuesday, June 13th. Citigroup Inc. began coverage on shares of Colony Starwood Homes in a research note on Thursday, July 20th. They issued a “buy” rating and a $40.00 price objective for the company. Wood & Company began coverage on shares of Colony Starwood Homes in a research note on Monday, April 24th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, Raymond James Financial, Inc. began coverage on shares of Colony Starwood Homes in a research note on Tuesday, July 11th. They issued an “outperform” rating and a $38.00 price objective for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company’s stock. Colony Starwood Homes currently has a consensus rating of “Buy” and an average price target of $36.62.

In other Colony Starwood Homes news, Director Thomas Barrack, Jr. sold 3,897,220 shares of the stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $34.69, for a total value of $135,194,561.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.95% of the stock is owned by company insiders.

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

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