Vestmark Advisory Solutions Inc. Buys Shares of 26,753 Invitation Home $INVH

Vestmark Advisory Solutions Inc. bought a new position in Invitation Home (NYSE:INVH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,753 shares of the company’s stock, valued at approximately $877,000.

A number of other hedge funds also recently made changes to their positions in INVH. Horizon Investments LLC boosted its position in shares of Invitation Home by 5.0% during the first quarter. Horizon Investments LLC now owns 8,182 shares of the company’s stock worth $285,000 after buying an additional 386 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. increased its position in Invitation Home by 2.5% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock valued at $561,000 after acquiring an additional 399 shares during the period. New England Research & Management Inc. raised its stake in Invitation Home by 0.9% during the 2nd quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock valued at $1,516,000 after acquiring an additional 400 shares in the last quarter. State of Michigan Retirement System raised its stake in Invitation Home by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock valued at $5,084,000 after acquiring an additional 400 shares in the last quarter. Finally, Commerce Bank boosted its position in Invitation Home by 4.2% during the 1st quarter. Commerce Bank now owns 10,197 shares of the company’s stock worth $355,000 after acquiring an additional 414 shares during the period. Institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on INVH. Royal Bank Of Canada lowered their price target on Invitation Home from $33.00 to $32.00 and set a “sector perform” rating on the stock in a report on Friday, October 31st. Wells Fargo & Company lowered 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. Mizuho reduced their price target on shares of Invitation Home from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, October 21st. JPMorgan Chase & Co. upgraded shares of Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 price objective on the stock in a research note on Friday, October 17th. Finally, Oppenheimer set a $38.00 target price on Invitation Home and gave the stock an “outperform” rating in a report on Tuesday, November 4th. Nine research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Invitation Home has an average rating of “Moderate Buy” and a consensus target price of $35.16.

Invitation Home Stock Performance

NYSE:INVH opened at $28.07 on Tuesday. The company has a 50-day moving average of $28.97 and a 200-day moving average of $31.31. The firm has a market cap of $17.21 billion, a price-to-earnings ratio of 29.55, a price-to-earnings-growth ratio of 2.80 and a beta of 0.81. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.42. Invitation Home has a twelve month low of $27.38 and a twelve month high of $35.80.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $688.17 million during the quarter, compared to analyst estimates of $679.41 million. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. Analysts forecast that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is currently 122.11%.

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.