Here is the rundown on market activity for Colony Starwood Homes Common Sh (NYSE:SFR). Thomas Jr Barrack, Director sold $135,194,562 worth of shares at an average price of $34.69 on June 9th. That brings Barrack’s holdings to $0 per an SEC filing yesterday. Arik Prawer, CFO disclosed the sale of 5,000 shares. The shares were purchased at an average price of $33.82. Prawer now owns $2,738,000 of the stock per the Form 4 SEC filing.
Charles D. Young, Chief Operating Officer reported the sale of 6,500 shares of (SFR). The shares were sold on March 17th for an average price of $34.20. The Chief Operating Officer now owns $3,257,516 of the stock according to the SEC filing.
Colony Starwood Homes, formerly Starwood Waypoint Residential Trust, launched on August 6, 2013, 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. The Company operates through two segments, which are represented by its portfolio of SFR homes and its portfolio of NPLs owned in the joint venture with Prime Asset Fund VI, LLC (Prime). The Company identifies and pursues individual home acquisition opportunities through various sources, including multiple listing services (MLS) listings, foreclosure auctions and short sales..
These funds have also shifted positions in (SFR). Proficio Capital Partners LLC expanded its position by buying 5 shares an increase of 35.7% in the quarter. Proficio Capital Partners LLC currently owns 19 shares worth $1,000. The total value of its holdings increased 0.0%. Morgan Stanley reduced its investment by selling 155 shares a decrease of 5.6% from 12/31/2016 to 03/31/2017. Morgan Stanley now holds 2,600 shares with a value of $88,000. The value of the position overall is up by 11.4%.
Schroder Investment Management Group bolstered its ownership by buying 91,055 shares an increase of 27.6% as of 03/31/2017. Schroder Investment Management Group controls 420,505 shares valued at $14,289,000. The total value of its holdings increased 50.6%. Westpac Banking Corp grew its holdings by buying 1,289 shares an increase of 1.6%. Westpac Banking Corp now controls 80,179 shares worth $2,722,000. The total value of its holdings increased 15.8%.
Evercore ISI Group began coverage of SFR with an initial rating of “In-Line”. On November 22 the company was downgraded from “Buy” to “Neutral” with a current price target of $33.00 in a report issued by Nomura.
Nomura raised the price target and downgraded the stock on November 22 changing the price target from $29.00 to $33.00 and cutting the rating from “Buy” to “Neutral”. On October 17 the company was changed to a “Outperform” by Keefe Bruyette & Woods a boost from the previous “” rating.
Equity analyst JP Morgan added SFR to its research portfolio giving it an initial rating of “Overweight”. On July 19 the stock rating was downgraded to “Market Perform” from “” and a price target of $32.00 was set in a report from Keefe Bruyette & Woods.
The company is so far trading down since yesterday’s close of $34.76. Colony Starwood Homes Common Sh also recently declared a dividend paid on Friday the 14th of April 2017. The dividend payment was $0.220 per share for the quarter which is $0.88 annualized. This dividend amount was represent a yeild of $2.50. The ex-dividend date was set for Wednesday the 29th of March 2017.
Shares of the company are trading at $34.58 barely above the 50 day moving average of $34.34 and which is marginally higher than the 200 day moving average of $32.24. The 50 day moving average went up $0.24 or +0.70% and the 200 day average went up $2.34 or +7.25%.