A series of events pertain to Invitation Homes Inc (INVH). Firms such as Principal Securities Inc, Sheaff Brock Investment Advisors LLC, and Jump Financial LLC have all made new investments in the company, while Nuveen has agreed to a deal for rental-home management. Various institutions, including Mitsubishi UFJ Asset Management Co. Ltd, BNP Paribas Financial Markets, and Boston Partners have acquired sizable numbers of INVH shares. However, an unimpressive ROE and potential overvaluation have led to a downgrade of the firm's holdings. Furthermore, executives - President & COO Charles Young and EVP & CFO Jonathan Olsen - have executed insider sales. Despite these setbacks, INVH has raised its price target and unveiled its intention to acquire around 500 new homes. The firm is preparing for growth, with changes made at the leadership level and updates provided for FY 2024 earnings guidance. Moreover, Moody's has upgraded the company's credit rating. Still, the stock continues to face challenges, with a 11.7% rise in short interest in April. Overall, it paints a dynamic picture of INVHβs activities.
Invitation Homes INVH News Analytics from Mon, 10 Jun 2019 07:00:00 GMT to Sun, 19 May 2024 10:21:02 GMT -
Rating -1
- Innovation 2
- Information 8
- Rumor -3
