Invitation Home $INVH Stock Position Reduced by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in Invitation Home (NYSE:INVH) by 18.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,931,634 shares of the company’s stock after selling 434,176 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Invitation Home were worth $56,655,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in INVH. PGGM Investments raised its stake in shares of Invitation Home by 13.0% in the 3rd quarter. PGGM Investments now owns 5,672,720 shares of the company’s stock valued at $166,381,000 after acquiring an additional 653,539 shares in the last quarter. Aberdeen Group plc boosted its position in Invitation Home by 4.8% during the second quarter. Aberdeen Group plc now owns 1,550,283 shares of the company’s stock worth $50,849,000 after purchasing an additional 70,924 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in Invitation Home by 5.8% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,339,473 shares of the company’s stock valued at $68,617,000 after purchasing an additional 128,561 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Invitation Home by 0.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 63,583 shares of the company’s stock valued at $2,084,000 after purchasing an additional 533 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Invitation Home by 220.2% in the second quarter. Sequoia Financial Advisors LLC now owns 21,966 shares of the company’s stock worth $720,000 after buying an additional 15,106 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

INVH has been the topic of a number of research analyst reports. Bank of America lowered their target price on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. Keefe, Bruyette & Woods lowered their price target on Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. Oppenheimer set a $38.00 price objective on Invitation Home and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. UBS Group set a $40.00 target price on Invitation Home in a research note on Wednesday. Finally, Morgan Stanley lowered their target price on Invitation Home from $35.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $34.70.

Invitation Home Stock Up 0.7%

Shares of INVH opened at $27.47 on Thursday. The company has a 50-day simple moving average of $27.38 and a 200-day simple moving average of $29.06. The firm has a market capitalization of $16.84 billion, a P/E ratio of 28.92, a P/E/G ratio of 2.58 and a beta of 0.83. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.03 and a current ratio of 0.03. Invitation Home has a 52 week low of $25.29 and a 52 week high of $35.80.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The business had revenue of $688.17 million for the quarter, compared to the consensus estimate of $679.41 million. During the same period last year, the business earned $0.47 earnings per share. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, equities research analysts expect that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, December 23rd. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s payout ratio is 126.32%.

Invitation Home 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.