Colony Starwood Homes (NYSE:SFR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Starwood Waypoint Homes is a real estate investment trust. The company is an owners and operators of single-family rental homes primarily in the United States. It acquires, renovates, leases, maintains and manages single-family homes. Starwood Waypoint Homes, formerly known as Colony Starwood Homes, is based in the United States. “

Several other research analysts also recently weighed in on SFR. Mizuho reaffirmed a “neutral” rating and set a $35.00 target price (down from $41.00) on shares of Colony Starwood Homes in a research note on Friday, August 11th. Evercore ISI began coverage on Colony Starwood Homes in a research note on Monday, June 5th. They set an “in-line” rating and a $37.00 target price for the company. Wood & Company began coverage on Colony Starwood Homes in a research note on Monday, April 24th. They set a “buy” rating and a $40.00 target price for the company. Raymond James Financial, Inc. began coverage on Colony Starwood Homes in a research note on Tuesday, July 11th. They set an “outperform” rating and a $38.00 target price for the company. Finally, Citigroup Inc. began coverage on Colony Starwood Homes in a research note on Thursday, July 20th. They set a “buy” rating and a $40.00 target price for the company. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $36.62.

Shares of Colony Starwood Homes (SFR) opened at 36.83 on Wednesday. The firm’s 50-day moving average is $34.70 and its 200-day moving average is $34.00. The stock’s market capitalization is $3.74 billion. Colony Starwood Homes has a one year low of $26.74 and a one year high of $36.94.

Colony Starwood Homes (NYSE:SFR) last announced its earnings results on Wednesday, August 9th. The financial services provider reported $0.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.01. The business had revenue of $154.40 million during the quarter, compared to the consensus estimate of $153.39 million. Colony Starwood Homes had a negative return on equity of 0.81% and a negative net margin of 5.65%. Colony Starwood Homes’s revenue was up 7.4% on a year-over-year basis. Equities research analysts forecast that Colony Starwood Homes will post ($0.03) EPS for the current year.

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In other Colony Starwood Homes news, Director Thomas Barrack, Jr. sold 3,897,220 shares of the company’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.95% of the stock is owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Suntrust Banks Inc. boosted its stake in shares of Colony Starwood Homes by 0.8% in the first quarter. Suntrust Banks Inc. now owns 7,951 shares of the financial services provider’s stock valued at $269,000 after buying an additional 63 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Colony Starwood Homes by 0.4% in the first quarter. Fifth Third Bancorp now owns 27,043 shares of the financial services provider’s stock valued at $918,000 after buying an additional 114 shares during the last quarter. Verition Fund Management LLC boosted its stake in shares of Colony Starwood Homes by 1.5% in the second quarter. Verition Fund Management LLC now owns 11,719 shares of the financial services provider’s stock valued at $402,000 after buying an additional 176 shares during the last quarter. Stephens Inc. AR boosted its stake in shares of Colony Starwood Homes by 0.6% in the first quarter. Stephens Inc. AR now owns 41,581 shares of the financial services provider’s stock valued at $1,412,000 after buying an additional 268 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in shares of Colony Starwood Homes by 5.4% in the second quarter. Teacher Retirement System of Texas now owns 8,012 shares of the financial services provider’s stock valued at $275,000 after buying an additional 414 shares during the last quarter. Institutional investors own 88.66% of the company’s stock.

Colony Starwood Homes Company Profile

Starwood Waypoint Homes, formerly Colony Starwood Homes, 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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Analyst Recommendations for Colony Starwood Homes (NYSE:SFR)

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