California State Teachers Retirement System lessened its holdings in Invitation Homes Inc (NYSE:INVH) by 9.3% in the third quarter, HoldingsChannel.com reports. The fund owned 147,113 shares of the company’s stock after selling 15,029 shares during the period. California State Teachers Retirement System’s holdings in Invitation Homes were worth $3,332,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the company. APG Asset Management US Inc. boosted its position in shares of Invitation Homes by 18.6% in the third quarter. APG Asset Management US Inc. now owns 10,900,582 shares of the company’s stock valued at $246,898,000 after acquiring an additional 1,712,493 shares during the period. Principal Financial Group Inc. lifted its position in Invitation Homes by 22.3% during the third quarter. Principal Financial Group Inc. now owns 7,997,265 shares of the company’s stock worth $181,138,000 after purchasing an additional 1,459,063 shares during the period. Cbre Clarion Securities LLC lifted its position in Invitation Homes by 15.0% during the second quarter. Cbre Clarion Securities LLC now owns 4,970,343 shares of the company’s stock worth $107,509,000 after purchasing an additional 649,707 shares during the period. BlackRock Inc. lifted its position in Invitation Homes by 16.7% during the second quarter. BlackRock Inc. now owns 4,955,788 shares of the company’s stock worth $107,194,000 after purchasing an additional 709,908 shares during the period. Finally, Wells Fargo & Company MN lifted its position in Invitation Homes by 15.7% during the third quarter. Wells Fargo & Company MN now owns 4,222,836 shares of the company’s stock worth $95,647,000 after purchasing an additional 574,588 shares during the period.

Invitation Homes Inc (INVH) opened at $22.82 on Wednesday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $11,830.00 and a PE ratio of -84.52. Invitation Homes Inc has a 52 week low of $19.80 and a 52 week high of $24.30.

INVH has been the subject of several recent analyst reports. Citigroup initiated coverage on shares of Invitation Homes in a research report on Friday, December 8th. They set a “buy” rating and a $27.00 price objective for the company. Deutsche Bank reaffirmed a “buy” rating and set a $26.00 price objective on shares of Invitation Homes in a research report on Wednesday, November 29th. JPMorgan Chase & Co. initiated coverage on shares of Invitation Homes in a research report on Tuesday, December 12th. They set an “overweight” rating for the company. Zacks Investment Research cut shares of Invitation Homes from a “buy” rating to a “hold” rating in a research report on Thursday, September 14th. Finally, B. Riley set a $26.00 price objective on shares of Invitation Homes and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $25.06.

In other Invitation Homes news, Director John Bartling sold 188,850 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $23.11, for a total transaction of $4,364,323.50. Following the completion of the transaction, the director now owns 482,665 shares of the company’s stock, valued at $11,154,388.15. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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Invitation Homes 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.

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

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