The Colony Starwood Homes (SFR) Position Maintained by Pensionfund Sabic

The Colony Starwood Homes (SFR) Position Maintained by Pensionfund Sabic

Pensionfund Sabic maintained its stake in shares of Colony Starwood Homes (NYSE:SFR) during the third quarter, Holdings Channel reports. The institutional investor owned 13,000 shares of the company’s stock at the end of the third quarter. Pensionfund Sabic’s holdings in Colony Starwood Homes were worth $373,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SFR. Royal Bank of Canada increased its stake in shares of Colony Starwood Homes by 574.5% in the second quarter. Royal Bank of Canada now owns 3,460 shares of the company’s stock valued at $105,000 after buying an additional 2,947 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Colony Starwood Homes by 121.9% in the third quarter. BNP Paribas Arbitrage SA now owns 5,697 shares of the company’s stock valued at $164,000 after buying an additional 3,130 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of Colony Starwood Homes by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 5,749 shares of the company’s stock valued at $175,000 after buying an additional 694 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. increased its stake in shares of Colony Starwood Homes by 3.7% in the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 7,289 shares of the company’s stock valued at $222,000 after buying an additional 259 shares in the last quarter. Finally, Amalgamated Bank purchased a new stake in shares of Colony Starwood Homes during the second quarter valued at approximately $231,000. Institutional investors own 44.57% of the company’s stock.

Shares of Colony Starwood Homes (NYSE:SFR) traded up 0.40% during midday trading on Friday, reaching $30.45. 372,315 shares of the company’s stock traded hands. The firm’s market capitalization is $3.09 billion. The stock’s 50-day moving average price is $28.85 and its 200 day moving average price is $29.70. Colony Starwood Homes has a one year low of $19.54 and a one year high of $33.09.

Colony Starwood Homes (NYSE:SFR) last posted its earnings results on Monday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.03. The business had revenue of $146.10 million for the quarter, compared to analysts’ expectations of $39.24 million. Colony Starwood Homes had a negative net margin of 20.35% and a negative return on equity of 4.36%. On average, equities research analysts expect that Colony Starwood Homes will post $1.67 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Wednesday, December 28th. Colony Starwood Homes’s dividend payout ratio is currently -59.86%.

Several analysts have recently commented on SFR shares. Zacks Investment Research upgraded shares of Colony Starwood Homes from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a report on Thursday, November 10th. Nomura lowered shares of Colony Starwood Homes from a “buy” rating to a “neutral” rating and cut their price objective for the company from $38.00 to $33.00 in a research report on Tuesday, November 22nd. Wood & Company lowered shares of Colony Starwood Homes from a “buy” rating to a “neutral” rating and cut their price objective for the company from $38.00 to $33.00 in a research report on Tuesday, November 22nd. Keefe, Bruyette & Woods upgraded shares of Colony Starwood Homes from a “market perform” rating to an “outperform” rating and set a $35.00 price objective for the company in a research report on Monday, October 17th. Finally, FBR & Co restated an “outperform” rating on shares of Colony Starwood Homes in a research report on Friday, September 23rd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Colony Starwood Homes has an average rating of “Buy” and an average target price of $33.00.

Colony Starwood Homes Company Profile

Colony Starwood Homes, formerly Starwood Waypoint Residential Trust, is a real estate investment trust (REIT). The Company operates through two segments: single-family rental (SFRs), which includes the business activities associated with its investments in residential properties, and non-performing residential mortgage loans (NPLs), which includes the business activities associated with its investments in NPLs.

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