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Invitation Homes INVH - News Analyzed: 3,817 - Last Week: 99 - Last Month: 497

Invitation Homes (INVH) Expands Portfolio Amid Operations and Leadership Overhaul

Invitation Homes (INVH) Expands Portfolio Amid Operations and Leadership Overhaul
Invitation Homes Inc. (INVH) saw its shares traded by Retirement Systems of Alabama and TCW Group Inc. lowered its INVH holdings. SG Americas Securities LLC, Sumitomo Mitsui Trust Holdings Inc., and Gateway Investment Advisers LLC also reduced their shareholdings while Swedbank AB invested $16.37 Million in INVH. The company reported its financial results for multiple quarters, its REIT status was identified as undervalued with impressive FFO growth, and the company has a bright outlook. INVH has agreed to acquire approximately 500 additional newly built homes showing expansion. The company has made leadership changes to prepare for growth. However, INVH grapples with rising costs amid revenue growth factors bringing downward pressure to its stock performance. The company is paying a cash dividend, making it a mainstay for investors seeking income. Furthermore, it is pathway homes' lead investment and announced a 'new product pipeline' update. On a high note, INVH has settled a $20 million San Diego legal dispute. Lastly, it promoted Charles Young to President and Chief Operating Officer.

Invitation Homes INVH News Analytics from Mon, 06 Feb 2017 08:00:00 GMT to Sun, 25 Aug 2024 11:42:03 GMT -

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