11,501 Shares in Invitation Home $INVH Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC bought a new position in Invitation Home (NYSE:INVH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,501 shares of the company’s stock, valued at approximately $377,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pallas Capital Advisors LLC bought a new stake in shares of Invitation Home in the 2nd quarter worth approximately $432,000. Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Invitation Home by 2.4% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,731,189 shares of the company’s stock valued at $199,732,000 after acquiring an additional 134,012 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Invitation Home by 9.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company’s stock valued at $520,000 after acquiring an additional 1,268 shares during the period. Jump Financial LLC acquired a new stake in shares of Invitation Home during the first quarter valued at approximately $329,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Invitation Home by 0.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 63,583 shares of the company’s stock valued at $2,084,000 after acquiring an additional 533 shares during the period. 96.79% of the stock is currently owned by institutional investors.

Invitation Home Stock Performance

INVH stock opened at $28.42 on Friday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $17.42 billion, a price-to-earnings ratio of 29.91, a P/E/G ratio of 2.75 and a beta of 0.81. Invitation Home has a 12 month low of $27.38 and a 12 month high of $35.80. The firm has a 50 day moving average of $29.37 and a two-hundred day moving average of $31.60.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. The company had revenue of $688.17 million during the quarter, compared to the consensus estimate of $679.41 million. Invitation Home had a net margin of 21.70% and a return on equity of 6.01%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. As a group, equities analysts anticipate that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 25th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th. Invitation Home’s payout ratio is currently 131.82%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on INVH shares. Barclays cut their price target on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, August 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Invitation Home in a research report on Wednesday, October 8th. Mizuho lowered their price objective on shares of Invitation Home from $32.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 21st. Royal Bank Of Canada lowered their price objective on shares of Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a research report on Friday, August 1st. Finally, Evercore ISI lowered their price objective on shares of Invitation Home from $35.00 to $34.00 and set an “outperform” rating on the stock in a research report on Monday, October 13th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.97.

Invitation Home Company Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.