Colony Starwood Homes (SFR) COO Charles D. Young Sells 6,500 Shares

Colony Starwood Homes (NYSE:SFR) COO Charles D. Young sold 6,500 shares of the firm’s stock in a transaction that occurred on Friday, March 17th. The shares were sold at an average price of $34.20, for a total transaction of $222,300.00. Following the completion of the transaction, the chief operating officer now directly owns 101,749 shares of the company’s stock, valued at approximately $3,479,815.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Colony Starwood Homes (NYSE:SFR) traded down 0.03% during midday trading on Monday, hitting $33.92. 936,860 shares of the stock traded hands. The company’s market cap is $3.44 billion. Colony Starwood Homes has a one year low of $23.92 and a one year high of $34.51. The company’s 50-day moving average is $32.45 and its 200-day moving average is $30.17.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Investors of record on Friday, March 31st will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.59%. The ex-dividend date is Wednesday, March 29th. Colony Starwood Homes’s dividend payout ratio (DPR) is -59.86%.

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A number of institutional investors have recently modified their holdings of SFR. Royal Bank of Canada raised its position in shares of Colony Starwood Homes by 574.5% in the second quarter. Royal Bank of Canada now owns 3,460 shares of the company’s stock valued at $105,000 after buying an additional 2,947 shares during the period. Advisors Asset Management Inc. bought a new position in shares of Colony Starwood Homes during the third quarter valued at approximately $151,000. Gideon Capital Advisors Inc. bought a new position in shares of Colony Starwood Homes during the fourth quarter valued at approximately $201,000. GSA Capital Partners LLP bought a new position in shares of Colony Starwood Homes during the fourth quarter valued at approximately $218,000. Finally, Quantbot Technologies LP bought a new position in shares of Colony Starwood Homes during the third quarter valued at approximately $243,000. 46.62% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have commented on SFR shares. Wood & Company cut shares of Colony Starwood Homes from a “buy” rating to a “neutral” rating and decreased their price target for the company from $38.00 to $33.00 in a research report on Tuesday, November 22nd. FBR & Co set a $38.00 price target on shares of Colony Starwood Homes and gave the company a “buy” rating in a research report on Monday, March 6th. Nomura cut shares of Colony Starwood Homes from a “buy” rating to a “neutral” rating and decreased their price target for the company from $38.00 to $33.00 in a research report on Tuesday, November 22nd. Zacks Investment Research raised shares of Colony Starwood Homes from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research report on Friday, March 3rd. Finally, Instinet reissued a “neutral” rating and issued a $35.00 price target (up previously from $33.00) on shares of Colony Starwood Homes in a research report on Monday, March 13th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Colony Starwood Homes currently has an average rating of “Hold” and an average target price of $34.27.

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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