J. Safra Sarasin Holding AG bought a new stake in Invitation Home (NYSE:INVH – Free Report) during the first quarter, Holdings Channel reports. The institutional investor bought 32,148 shares of the company’s stock, valued at approximately $797,000.
A number of other hedge funds have also made changes to their positions in INVH. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Invitation Home by 23.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 409,584 shares of the company’s stock worth $10,178,000 after purchasing an additional 78,287 shares during the period. Arbor Capital Management Inc. ADV lifted its position in Invitation Home by 3.5% in the 1st quarter. Arbor Capital Management Inc. ADV now owns 34,733 shares of the company’s stock worth $886,000 after buying an additional 1,166 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its position in Invitation Home by 5.5% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 342,599 shares of the company’s stock worth $8,492,000 after buying an additional 17,797 shares in the last quarter. Praxis Investment Management Inc. purchased a new stake in Invitation Home in the 1st quarter worth approximately $386,000. Finally, QRG Capital Management Inc. acquired a new stake in shares of Invitation Home during the 1st quarter valued at $262,000. 96.79% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms have recently commented on INVH. Compass Point upgraded shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Royal Bank Of Canada increased their price objective on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Wall Street Zen raised Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group upgraded Invitation Home to a “hold” rating in a research note on Friday, June 26th. Finally, UBS Group upped their target price on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Invitation Home presently has an average rating of “Hold” and an average price target of $32.47.
Invitation Home Trading Up 0.4%
Invitation Home stock opened at $30.24 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The company has a market capitalization of $17.96 billion, a price-to-earnings ratio of 31.83, a PEG ratio of 3.53 and a beta of 0.84. Invitation Home has a one year low of $24.25 and a one year high of $32.67. The company’s fifty day moving average price is $29.34 and its two-hundred day moving average price is $27.45.
Invitation Home (NYSE:INVH – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.91 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.
Invitation Home Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date is Thursday, June 25th. Invitation Home’s 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.
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