Lasalle Investment Management Securities LLC Has $16.83 Million Stock Position in Invitation Home $INVH

Lasalle Investment Management Securities LLC raised its position in Invitation Home (NYSE:INVH) by 27.9% in the 4th quarter, HoldingsChannel reports. The fund owned 605,488 shares of the company’s stock after purchasing an additional 132,155 shares during the period. Lasalle Investment Management Securities LLC’s holdings in Invitation Home were worth $16,827,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Invitation Home in the 4th quarter valued at approximately $1,438,952,000. State Street Corp raised its holdings in Invitation Home by 1.3% in the 3rd quarter. State Street Corp now owns 36,621,403 shares of the company’s stock valued at $1,084,514,000 after acquiring an additional 462,379 shares in the last quarter. Geode Capital Management LLC raised its holdings in Invitation Home by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after acquiring an additional 203,474 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Invitation Home by 8.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after acquiring an additional 1,168,113 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Invitation Home by 7.5% in the 3rd quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock worth $370,227,000 after buying an additional 877,491 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

INVH has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Invitation Home in a report on Friday, March 27th. Keefe, Bruyette & Woods increased their target price on Invitation Home from $28.00 to $29.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. Mizuho dropped their target price on Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Wells Fargo & Company dropped their target price on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Finally, Evercore reissued an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a report on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $31.33.

Invitation Home Stock Up 0.0%

NYSE INVH opened at $29.25 on Monday. The firm has a market cap of $17.38 billion, a PE ratio of 30.79, a price-to-earnings-growth ratio of 3.44 and a beta of 0.85. Invitation Home has a one year low of $24.25 and a one year high of $34.25. The stock’s 50 day simple moving average is $27.13 and its 200 day simple moving average is $26.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02.

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

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. Invitation Home’s dividend payout ratio is 126.32%.

Invitation Home Company 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.