State Street Corp. Amends Invitation Homes Inc. (REIT) Stake
Ticker: INVH · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1687229
| Field | Detail |
|---|---|
| Company | Invitation Homes Inc. (INVH) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street still owns Invitation Homes shares, signaling institutional confidence.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, disclosing its ownership of Invitation Homes Inc. (REIT) shares as of December 31, 2023. This filing indicates State Street's passive investment in Invitation Homes, a real estate operator, and updates their previous disclosure. For investors, this means a significant institutional holder continues to maintain a position, potentially signaling confidence in the company's long-term prospects.
Why It Matters
This filing shows that a large institutional investor, State Street Corporation, holds a significant stake in Invitation Homes, which can be a positive signal for other investors regarding the company's stability and future outlook.
Risk Assessment
Risk Level: low — This is a routine amendment by an institutional investor, indicating a passive stake and not a significant change in strategy or ownership that would introduce high risk.
Analyst Insight
Investors should note that a major institutional player like State Street Corporation continues to hold a position in Invitation Homes, which can be a sign of stability, but this filing alone doesn't suggest any immediate buy or sell action.
Key Numbers
- 46187W107 — CUSIP Number (identifies the specific class of Invitation Homes Inc. securities)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Invitation Homes Inc. (company) — the subject company whose securities are being reported
- REIT (company) — the title of the class of securities held by State Street Corporation
- December 31, 2023 (date) — the date of the event which requires the filing of this statement
- January 30, 2024 (date) — the date the SC 13G/A filing was made
Forward-Looking Statements
- State Street Corporation will maintain a significant, passive stake in Invitation Homes Inc. for the foreseeable future. (State Street Corporation) — medium confidence, target: 12/31/2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amended Schedule 13G filing under the Securities Exchange Act of 1934, as stated on the cover page.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, as explicitly stated in Item 1 of the filing.
What is the name of the issuer whose securities are being reported?
The name of the issuer is Invitation Homes Inc., as indicated under 'NAME OF ISSUER' on the cover page.
What is the CUSIP number for the securities discussed in this filing?
The CUSIP number for the securities is 46187W107, as listed on the cover page and in the CUSIP NO section.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding Invitation Homes Inc. (INVH).