Swiss National Bank cut its position in shares of Invitation Home (NYSE:INVH – Free Report) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,678,216 shares of the company’s stock after selling 84,200 shares during the period. Swiss National Bank’s holdings in Invitation Home were worth $49,222,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of INVH. Hantz Financial Services Inc. grew its holdings in Invitation Home by 1,695.2% during the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the period. Smartleaf Asset Management LLC raised its stake in Invitation Home by 59.1% in the third 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 during the period. Mather Group LLC. acquired a new stake in shares of Invitation Home in the third quarter valued at approximately $42,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Invitation Home in the second quarter valued at approximately $49,000. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Invitation Home by 86.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,693 shares of the company’s stock worth $50,000 after acquiring an additional 784 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the company. Wall Street Zen cut Invitation Home from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Invitation Home in a research report on Monday, December 29th. Morgan Stanley dropped their price objective on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Monday. JPMorgan Chase & Co. cut their target price on shares of Invitation Home from $38.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, November 18th. Finally, UBS Group set a $40.00 target price on shares of Invitation Home in a report on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $32.94.
Invitation Home Stock Down 0.5%
Shares of INVH opened at $25.10 on Friday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. Invitation Home has a 12 month low of $24.96 and a 12 month high of $35.80. The firm’s 50 day moving average is $26.57 and its 200-day moving average is $27.85. The stock has a market capitalization of $15.29 billion, a PE ratio of 26.14, a P/E/G ratio of 2.69 and a beta of 0.83.
Invitation Home (NYSE:INVH – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.21). The company had revenue of $685.25 million during the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities research analysts forecast that Invitation Home will post 1.83 EPS for the current year.
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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