Eaton Vance Management acquired a new position in shares of Colony Starwood Homes (NYSE:SFR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 94,861 shares of the financial services provider’s stock, valued at approximately $3,255,000. Eaton Vance Management owned about 0.09% of Colony Starwood Homes at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Tudor Investment Corp ET AL grew its stake in Colony Starwood Homes by 54.8% during 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 during the last quarter. Neuberger Berman Group LLC grew its stake in Colony Starwood Homes by 3.5% during 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 during the last quarter. Legal & General Group Plc grew its stake in Colony Starwood Homes by 8.5% during the first quarter. Legal & General Group Plc now owns 128,191 shares of the financial services provider’s stock worth $4,352,000 after buying an additional 10,029 shares during the last quarter. State of Alaska Department of Revenue grew its stake in Colony Starwood Homes by 6,140.7% during the second quarter. State of Alaska Department of Revenue now owns 53,670 shares of the financial services provider’s stock worth $1,840,000 after buying an additional 52,810 shares during the last quarter. Finally, American International Group Inc. grew its stake in Colony Starwood Homes by 5.7% during the first quarter. American International Group Inc. now owns 39,540 shares of the financial services provider’s stock worth $1,342,000 after buying an additional 2,141 shares during the last quarter.

Colony Starwood Homes (NYSE:SFR) opened at 36.13 on Monday. Colony Starwood Homes has a one year low of $26.74 and a one year high of $37.94. The firm’s market capitalization is $3.67 billion. The company has a 50-day moving average of $36.12 and a 200 day moving average of $34.76.

Colony Starwood Homes (NYSE:SFR) last posted its earnings results on Wednesday, August 9th. The financial services provider reported $0.45 EPS for the quarter, topping the 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 0.81%. The business had revenue of $154.40 million for the quarter, compared to the consensus estimate of $153.39 million. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. On average, analysts anticipate that Colony Starwood Homes will post ($0.12) EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.88 annualized dividend and a yield of 2.44%. Colony Starwood Homes’s dividend payout ratio is presently -266.67%.

SFR has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Colony Starwood Homes from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Mizuho reiterated a “neutral” rating and set a $35.00 target price (down from $41.00) on shares of Colony Starwood Homes in a research report on Friday, August 11th. ValuEngine upgraded shares of Colony Starwood Homes from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Evercore ISI initiated coverage on shares of Colony Starwood Homes in a research report on Monday, June 5th. They set an “in-line” rating and a $37.00 target price on the stock. Finally, Raymond James Financial, Inc. initiated coverage on shares of Colony Starwood Homes in a research report on Tuesday, July 11th. They set an “outperform” rating and a $38.00 target price on the stock. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $36.62.

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About Colony Starwood Homes

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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