Colony Starwood Homes (SFR) Shares Bought by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. boosted its position in Colony Starwood Homes (NYSE:SFR) by 35.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 379,775 shares of the financial services provider’s stock after buying an additional 99,707 shares during the period. Goldman Sachs Group Inc. owned about 0.37% of Colony Starwood Homes worth $12,893,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SFR. First Trust Advisors LP raised its position in Colony Starwood Homes by 75.0% in the first quarter. First Trust Advisors LP now owns 30,129 shares of the financial services provider’s stock worth $1,023,000 after buying an additional 12,913 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in Colony Starwood Homes by 87.5% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 93,448 shares of the financial services provider’s stock worth $3,173,000 after buying an additional 43,597 shares during the last quarter. Great West Life Assurance Co. Can raised its position in Colony Starwood Homes by 84.7% in the first quarter. Great West Life Assurance Co. Can now owns 57,413 shares of the financial services provider’s stock worth $1,947,000 after buying an additional 26,321 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in Colony Starwood Homes by 104.9% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 15,074 shares of the financial services provider’s stock worth $512,000 after buying an additional 7,718 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Colony Starwood Homes by 58.6% in the first quarter. Wells Fargo & Company MN now owns 307,296 shares of the financial services provider’s stock worth $10,433,000 after buying an additional 113,518 shares during the last quarter. 93.49% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Colony Starwood Homes (NYSE SFR) opened at 34.90 on Tuesday. The firm’s 50-day moving average price is $34.52 and its 200-day moving average price is $32.71. The firm’s market capitalization is $3.54 billion. Colony Starwood Homes has a 12 month low of $26.74 and a 12 month high of $35.76.

Colony Starwood Homes (NYSE:SFR) last announced its quarterly earnings results on Monday, May 8th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. Colony Starwood Homes had a negative return on equity of 1.32% and a negative net margin of 8.24%. The company had revenue of $151.04 million during the quarter, compared to the consensus estimate of $147.46 million. On average, equities analysts anticipate that Colony Starwood Homes will post $0.01 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were issued a $0.22 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.88 annualized dividend and a dividend yield of 2.52%. Colony Starwood Homes’s dividend payout ratio (DPR) is currently -187.23%.

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A number of research analysts recently issued reports on the company. Evercore ISI assumed coverage on Colony Starwood Homes in a report on Monday, June 5th. They set an “in-line” rating and a $37.00 target price on the stock. Deutsche Bank AG assumed coverage on Colony Starwood Homes in a research report on Monday, April 24th. They issued a “buy” rating and a $40.00 price target for the company. Wood & Company assumed coverage on Colony Starwood Homes in a research report on Monday, April 24th. They issued a “buy” rating and a $40.00 price target for the company. Zacks Investment Research lowered Colony Starwood Homes from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, FBR & Co increased their price target on Colony Starwood Homes from $38.00 to $39.00 and gave the company an “outperform” rating in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $36.33.

In other Colony Starwood Homes news, Director Thomas Barrack, Jr. sold 3,897,220 shares of the stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $34.69, for a total value of $135,194,561.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.95% of the stock is owned by corporate insiders.

Colony Starwood Homes Company Profile

Colony Starwood Homes, formerly Starwood Waypoint Residential Trust, is an internally managed real estate investment trust (REIT). The Company was formed primarily to acquire, renovate, lease and manage residential assets in select markets across the United States. It is focused on acquiring single-family rental (SFR) homes through a variety of channels, renovating these homes to the extent necessary and leasing them to qualified residents.

Institutional Ownership by Quarter for Colony Starwood Homes (NYSE:SFR)

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