BTC Capital Management Inc. significantly increased its stake in Invitation Home (INVH) by 95.6% during the third quarter, bringing its total holdings to 132,310 shares valued at approximately $3.88 million. This comes as institutional investors now own nearly 96.79% of the company. Invitation Homes recently raised its quarterly dividend to $0.30, resulting in a 4.5% yield, though the payout ratio of 126.32% suggests potential coverage issues.
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Invitation Home $INVH Shares Purchased by BTC Capital Management Inc.
BTC Capital Management Inc. significantly increased its stake in Invitation Home (INVH) by 95.6% during the third quarter, bringing its total holdings to 132,310 shares valued at approximately $3.88 million. This comes as institutional investors now own nearly 96.79% of the company. Invitation Homes recently raised its quarterly dividend to $0.30, resulting in a 4.5% yield, though the payout ratio of 126.32% suggests potential coverage issues.