Sei Investments Co. boosted its position in Colony Starwood Homes (NYSE:SFR) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 246,895 shares of the financial services provider’s stock after buying an additional 29,418 shares during the period. Sei Investments Co.’s holdings in Colony Starwood Homes were worth $8,470,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Tudor Investment Corp ET AL raised 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 purchased a new stake in shares of Colony Starwood Homes during the fourth quarter worth about $16,624,000. American Century Companies Inc. raised its stake in shares of 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 worth $46,965,000 after buying an additional 630,205 shares in the last quarter. HGI Capital Management LLC raised its stake in shares of 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 worth $3,550,000 after buying an additional 60,223 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its stake in shares of 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 worth $47,538,000 after buying an additional 47,616 shares in the last quarter. 86.29% of the stock is currently owned by hedge funds and other institutional investors.

Colony Starwood Homes (SFR) opened at 35.59 on Friday. Colony Starwood Homes has a 1-year low of $26.74 and a 1-year high of $35.99. The firm’s 50-day moving average price is $34.57 and its 200-day moving average price is $33.85. The firm’s market cap is $3.61 billion.

Colony Starwood Homes (NYSE:SFR) last released its quarterly earnings results on Wednesday, August 9th. The financial services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $154.40 million during the quarter, compared to the consensus estimate of $153.39 million. Colony Starwood Homes had a negative return on equity of 0.81% and a negative net margin of 5.65%. The business’s revenue was up 7.4% compared to the same quarter last year. On average, equities research analysts anticipate that Colony Starwood Homes will post ($0.03) earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.47%. The ex-dividend date is Thursday, September 28th. Colony Starwood Homes’s payout ratio is -266.67%.

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A number of analysts have recently issued reports on SFR shares. Deutsche Bank AG started coverage on Colony Starwood Homes in a research note on Monday, April 24th. They issued a “buy” rating and a $40.00 price target on the stock. Zacks Investment Research lowered Colony Starwood Homes from a “buy” rating to a “hold” rating in a research note on Friday, May 12th. Evercore ISI assumed coverage on Colony Starwood Homes in a research note on Monday, June 5th. They set an “in-line” rating and a $37.00 price objective on the stock. Raymond James Financial, Inc. assumed coverage on Colony Starwood Homes in a research note on Tuesday, July 11th. They set an “outperform” rating and a $38.00 price objective on the stock. Finally, Wood & Company assumed coverage on Colony Starwood Homes in a research note on Monday, July 10th. They set an “outperform” rating and a $38.00 price objective on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $36.62.

In other Colony Starwood Homes news, Director Thomas Barrack, Jr. sold 3,897,220 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $34.69, for a total transaction of $135,194,561.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.95% of the company’s stock.

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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