M&T Bank Corp Takes Position in Invitation Home $INVH

M&T Bank Corp purchased a new stake in Invitation Home (NYSE:INVH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 63,203 shares of the company’s stock, valued at approximately $1,756,000.

A number of other large investors have also made changes to their positions in INVH. UBS Group AG increased its holdings in shares of Invitation Home by 101.4% in the 3rd quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock valued at $145,966,000 after purchasing an additional 2,505,909 shares in the last quarter. Amundi increased its holdings in shares of Invitation Home by 169.0% in the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after purchasing an additional 2,071,407 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Invitation Home by 2,205.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,715,777 shares of the company’s stock valued at $56,277,000 after purchasing an additional 1,641,351 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invitation Home by 28.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,884,278 shares of the company’s stock valued at $201,920,000 after purchasing an additional 1,516,886 shares in the last quarter. Finally, Barclays PLC increased its holdings in Invitation Home by 98.9% during the 3rd quarter. Barclays PLC now owns 2,657,290 shares of the company’s stock valued at $77,938,000 after acquiring an additional 1,321,292 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Evercore restated an “outperform” rating and set a $32.00 target price on shares of Invitation Home in a report on Friday, May 1st. Scotiabank dropped their target price on shares of Invitation Home from $28.00 to $27.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. Barclays raised their target price on shares of Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, April 27th. KeyCorp dropped their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Finally, Oppenheimer dropped their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Eight investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Invitation Home currently has an average rating of “Hold” and a consensus price target of $31.94.

Invitation Home Stock Performance

NYSE:INVH opened at $28.74 on Friday. Invitation Home has a twelve month low of $24.25 and a twelve month high of $35.23. The company has a market capitalization of $17.07 billion, a P/E ratio of 30.25, a price-to-earnings-growth ratio of 4.15 and a beta of 0.86. The firm has a 50-day moving average price of $26.13 and a two-hundred day moving average price of $26.93. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The company had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.92 million. During the same period last year, the company earned $0.48 EPS. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, research analysts expect that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, March 26th. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Invitation Home Profile

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.