Shares of Colony Starwood Homes (NYSE:SFR) have been given an average rating of “Buy” by the eleven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $36.30.

Several brokerages recently issued reports on SFR. Evercore ISI began coverage on shares of Colony Starwood Homes in a research note on Monday, June 5th. They issued an “in-line” rating and a $37.00 target price for the company. Instinet reiterated a “neutral” rating and issued a $35.00 target price (up from $33.00) on shares of Colony Starwood Homes in a research note on Monday, March 13th. FBR & Co raised their target price on shares of Colony Starwood Homes from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Tuesday, June 13th. Mizuho reiterated a “buy” rating and issued a $35.00 target price on shares of Colony Starwood Homes in a research note on Tuesday, February 28th. Finally, Zacks Investment Research upgraded shares of Colony Starwood Homes from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Friday, March 3rd.

Shares of Colony Starwood Homes (SFR) traded up 0.20% during mid-day trading on Monday, hitting $35.07. The company’s stock had a trading volume of 370,941 shares. Colony Starwood Homes has a 1-year low of $26.74 and a 1-year high of $35.76. The stock’s market cap is $3.56 billion. The company has a 50-day moving average price of $34.37 and a 200-day moving average price of $32.42.

Colony Starwood Homes (NYSE:SFR) last issued its earnings results on Monday, May 8th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. Colony Starwood Homes had a negative net margin of 8.24% and a negative return on equity of 1.32%. The business had revenue of $151.04 million during the quarter, compared to the consensus estimate of $147.46 million. Analysts predict that Colony Starwood Homes will post $0.02 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be issued a dividend of $0.22 per share. The ex-dividend date is Wednesday, June 28th. This represents a $0.88 annualized dividend and a dividend yield of 2.51%. Colony Starwood Homes’s dividend payout ratio is presently -187.23%.

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In other news, Director Thomas Barrack, Jr. sold 3,897,220 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $34.69, for a total transaction of $135,194,561.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.95% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in SFR. Vanguard Group Inc. boosted its position in shares of Colony Starwood Homes by 44.9% in the first quarter. Vanguard Group Inc. now owns 15,069,189 shares of the financial services provider’s stock valued at $511,600,000 after buying an additional 4,669,151 shares in the last quarter. BlackRock Inc. boosted its position in shares of Colony Starwood Homes by 8,420.0% in the first quarter. BlackRock Inc. now owns 6,837,069 shares of the financial services provider’s stock valued at $232,118,000 after buying an additional 6,756,822 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Colony Starwood Homes by 127.4% in the first quarter. Bank of New York Mellon Corp now owns 5,751,625 shares of the financial services provider’s stock valued at $195,267,000 after buying an additional 3,222,303 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Colony Starwood Homes by 84.5% in the first quarter. Principal Financial Group Inc. now owns 5,205,565 shares of the financial services provider’s stock valued at $176,457,000 after buying an additional 2,384,410 shares in the last quarter. Finally, Janus Capital Management LLC boosted its position in shares of Colony Starwood Homes by 7.5% in the first quarter. Janus Capital Management LLC now owns 3,741,787 shares of the financial services provider’s stock valued at $127,027,000 after buying an additional 261,475 shares in the last quarter. 93.48% of the stock is currently owned by institutional investors.

About Colony Starwood Homes

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.

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