Uhlmann Price Securities LLC Sells 1,477 Shares of Invitation Home $INVH

Uhlmann Price Securities LLC lowered its holdings in shares of Invitation Home (NYSE:INVH) by 12.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,795 shares of the company’s stock after selling 1,477 shares during the quarter. Uhlmann Price Securities LLC’s holdings in Invitation Home were worth $354,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Capital Advisors Inc. purchased a new stake in shares of Invitation Home in the second quarter valued at $30,000. Larson Financial Group LLC raised its stake in shares of Invitation Home by 1,313.8% in the first quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock valued at $32,000 after acquiring an additional 854 shares during the period. GKV Capital Management Co. Inc. purchased a new stake in shares of Invitation Home in the first quarter valued at $37,000. Zions Bancorporation National Association UT purchased a new stake in shares of Invitation Home in the first quarter valued at $40,000. Finally, North Capital Inc. purchased a new stake in shares of Invitation Home in the first quarter valued at $41,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on INVH shares. Keefe, Bruyette & Woods reduced their target price on shares of Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Royal Bank Of Canada reduced their target price on shares of Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a research note on Friday, August 1st. Wells Fargo & Company reduced their target price on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Monday, October 13th. Scotiabank reduced their price target on shares of Invitation Home from $38.00 to $36.00 and set a “sector performer” rating on the stock in a research note on Thursday, August 28th. Finally, JPMorgan Chase & Co. raised shares of Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 target price on the stock in a research report on Friday. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Invitation Home presently has an average rating of “Moderate Buy” and an average target price of $36.34.

Invitation Home Stock Up 0.2%

NYSE:INVH opened at $28.51 on Monday. Invitation Home has a fifty-two week low of $27.71 and a fifty-two week high of $35.80. The stock has a market capitalization of $17.48 billion, a P/E ratio of 32.40, a P/E/G ratio of 2.85 and a beta of 0.81. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.02 and a current ratio of 0.02. The company’s 50-day simple moving average is $29.69 and its 200-day simple moving average is $31.79.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. The company had revenue of $681.40 million during the quarter, compared to analysts’ expectations of $675.01 million. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. Invitation Home’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the business earned $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, equities analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 25th were paid a $0.29 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.16 dividend on an annualized basis and a yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is 131.82%.

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.