Vestcor Inc lessened its position in Invitation Home (NYSE:INVH – Free Report) by 91.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,933 shares of the company’s stock after selling 168,371 shares during the period. Vestcor Inc’s holdings in Invitation Home were worth $415,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after acquiring an additional 29,962 shares during the last quarter. Empowered Funds LLC increased its stake in Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after purchasing an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in Invitation Home during the 2nd quarter worth approximately $287,000. Cetera Investment Advisers increased its stake in Invitation Home by 8.5% during the 2nd quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $637,000 after purchasing an additional 1,528 shares in the last quarter. Finally, Cresset Asset Management LLC increased its stake in Invitation Home by 5.5% during the 2nd quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after purchasing an additional 809 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on INVH shares. UBS Group lowered their target price on Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. Cfra cut Invitation Home from a “hold” rating to a “sell” rating and lowered their target price for the stock from $29.00 to $27.00 in a research note on Wednesday, May 27th. KeyCorp reduced their price target on Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Mizuho reduced their price target on Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Finally, Weiss Ratings raised Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Invitation Home presently has a consensus rating of “Hold” and an average target price of $31.50.
Invitation Home Trading Up 1.4%
NYSE INVH opened at $29.78 on Wednesday. The company has a market cap of $17.69 billion, a PE ratio of 31.35, a PEG ratio of 3.45 and a beta of 0.85. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. Invitation Home has a 12 month low of $24.25 and a 12 month high of $34.25. The stock has a 50 day moving average of $27.78 and a 200-day moving average of $27.05.
Invitation Home (NYSE:INVH – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.92 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities research analysts anticipate that Invitation Home will post 1.89 EPS for the current fiscal year.
Invitation Home Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.20 annualized dividend and a yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.
About Invitation Home
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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