Jane Street Group LLC Takes $307,000 Position in Invitation Homes Inc (INVH)

Jane Street Group LLC purchased a new position in Invitation Homes Inc (NYSE:INVH) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,555 shares of the company’s stock, valued at approximately $307,000.

Other large investors have also modified their holdings of the company. GAM Holding AG grew its stake in shares of Invitation Homes by 28.1% during the 2nd quarter. GAM Holding AG now owns 7,300 shares of the company’s stock worth $158,000 after purchasing an additional 1,600 shares during the period. Amica Retiree Medical Trust purchased a new position in shares of Invitation Homes during the 3rd quarter valued at approximately $206,000. Schroder Investment Management Group purchased a new position in shares of Invitation Homes during the 3rd quarter valued at approximately $219,000. Phocas Financial Corp. purchased a new position in shares of Invitation Homes during the 2nd quarter valued at approximately $223,000. Finally, QS Investors LLC purchased a new position in shares of Invitation Homes during the 2nd quarter valued at approximately $225,000.

INVH has been the topic of a number of recent analyst reports. FBR & Co reiterated a “buy” rating on shares of Invitation Homes in a research report on Thursday, September 21st. Zacks Investment Research lowered Invitation Homes from a “buy” rating to a “hold” rating in a research report on Thursday, September 14th. B. Riley set a $26.00 price objective on Invitation Homes and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Deutsche Bank reaffirmed a “buy” rating and issued a $26.00 target price on shares of Invitation Homes in a research report on Wednesday, November 29th. Finally, J P Morgan Chase & Co assumed coverage on Invitation Homes in a research report on Tuesday, December 12th. They issued an “overweight” rating for the company. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. Invitation Homes currently has an average rating of “Buy” and an average target price of $25.06.

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

Invitation Homes Inc (INVH) opened at $23.33 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.59. Invitation Homes Inc has a 52-week low of $19.80 and a 52-week high of $24.30.

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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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