Norges Bank Takes $1.44 Billion Position in Invitation Home $INVH

Norges Bank purchased a new stake in shares of Invitation Home (NYSE:INVH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 51,779,482 shares of the company’s stock, valued at approximately $1,438,952,000. Norges Bank owned about 8.45% of Invitation Home at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of INVH. Hantz Financial Services Inc. raised its holdings in shares of Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after buying an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after buying an additional 466 shares in the last quarter. Cromwell Holdings LLC raised its holdings in shares of Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after buying an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after buying an additional 1,360 shares in the last quarter. Finally, Avalon Trust Co purchased a new position in shares of Invitation Home during the 3rd quarter valued at about $53,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Home Stock Performance

Shares of INVH stock opened at $29.25 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $34.25. The stock has a 50 day moving average price of $27.13 and a two-hundred day moving average price of $27.00. The company has a market capitalization of $17.38 billion, a P/E ratio of 30.79, a PEG ratio of 3.45 and a beta of 0.85.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.92 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on INVH shares. Mizuho decreased their price objective on Invitation Home from $27.00 to $26.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. UBS Group decreased their price objective on Invitation Home from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Citigroup decreased their price objective on Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. KeyCorp decreased their price objective on Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Invitation Home in a report on Friday, March 27th. 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $31.33.

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.