Economy

Standard Life Investments LTD Acquires 135951 Shares of Colony Starwood Homes (SFR)

TRADEMARK VIOLATION NOTICE: "Standard Life Investments LTD Acquires 135,951 Shares of Colony Starwood Homes (SFR)" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune.

Colony Starwood Homes (NYSE:SFR) announced a quarterly dividend on Thursday, August 10th, Zacks reports.

Investors are a little more bearish on Starwood Waypoint Homes of Ben of late if you consider the increase in short interest. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. Colony Starwood Homes posted sales of $139.39 million in the same quarter last year, which suggests a positive year-over-year growth rate of 5.8%.

The company is so far trading down since yesterday's close of 36.22.

On July 11 analysts at Raymond James released its first research report on the stock with a rating of "Outperform". Mizuho restated a "neutral" rating and set a $35.00 price target (down previously from $41.00) on shares of Colony Starwood Homes in a report on Friday, August 11th. Citigroup Inc. began coverage on Colony Starwood Homes in a report on Thursday, July 20th. They set a "buy" rating and a $40.00 price target for the company.

In addition to FBR Capital reporting its target price, a total of 6 firms have reported on the stock. Finally, Deutsche Bank AG started coverage on Colony Starwood Homes in a report on Monday. They set a "buy" rating and a $40.00 price objective for the company. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. (NYSE:NLY) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 5.00 and sector's optimum level is 10.45.

At the time of writing, Starwood Waypoint Homes (SFR) has a 14-day Commodity Channel Index (CCI) of 17.25. Starwood Waypoint Homes (SFR) average trading volume of 1,840,220 during the past month is 34.61% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. Zooming out to the 200-day moving average, shares have been seen trading 6.78% away from that value.

Colony Starwood has a 52 week low of $26.74 and a 52 week high of $37.94 The company's market cap is now $0.

The business also recently declared a quarterly dividend, which was paid on Friday, April 14th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.22 per share. The ex-dividend date was Wednesday the 28th of June 2017. A recommendation of 1 or 2 would represent a consensus Buy. Colony Starwood Homes's payout ratio is now -266.67%. However, most financial instruments are traded after hours which mean that the closing price of a stock might not match the after-hours price. Resolution Capital Ltd controls 2,352,791 shares with a value of $80,724,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The stock was sold at an average price of $32.50, for a total value of $127,472,410.00. The disclosure for this sale can be found here.

Several other institutional investors and hedge funds have also recently made changes to their positions in SFR. Janus Capital Management LLC increased its stake in shares of Colony Starwood Homes by 3,907.7% in the fourth quarter. The financial services provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. Principal Financial Group Inc. now owns 2,968,061 shares of the financial services provider's stock valued at $85,183,000 after buying an additional 2,959,371 shares during the period. Ameritas Investment Partners Inc. bought a new stake in Colony Starwood Homes during the 1st quarter valued at approximately $207,000. TIAA CREF Investment Management LLC now owns 758,461 shares of the financial services provider's stock valued at $26,023,000 after acquiring an additional 132,835 shares during the period. State Street Corp increased its stake in shares of Colony Starwood Homes by 5.6% in the fourth quarter. Bank of New York Mellon Corp lifted its position in Colony Starwood Homes by 18.8% in the second quarter.

Starwood Waypoint Homes, formerly Colony Starwood Homes, is an internally managed real estate investment trust (REIT).



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