OP Asset Management Ltd Makes New $1.46 Million Investment in Invitation Home $INVH

OP Asset Management Ltd bought a new stake in Invitation Home (NYSE:INVH) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 58,637 shares of the company’s stock, valued at approximately $1,457,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its position in 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 purchasing an additional 29,962 shares during the last quarter. Empowered Funds LLC grew its position in Invitation Home by 10.7% in 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 during the last quarter. Sivia Capital Partners LLC bought a new position in Invitation Home in the 2nd quarter worth about $287,000. Cetera Investment Advisers grew its position in Invitation Home by 8.5% in 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 during the last quarter. Finally, Cresset Asset Management LLC increased its stake in shares of Invitation Home by 5.5% in the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock valued at $515,000 after purchasing an additional 809 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Trading Up 0.3%

Shares of NYSE:INVH opened at $30.54 on Tuesday. The company has a 50 day moving average of $28.79 and a 200-day moving average of $27.21. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. The firm has a market cap of $18.14 billion, a P/E ratio of 32.15, a P/E/G ratio of 3.57 and a beta of 0.85. Invitation Home has a twelve month low of $24.25 and a twelve month high of $33.21.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The business had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.91 million. During the same quarter last year, the business earned $0.48 earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. Invitation Home’s dividend payout ratio (DPR) is 126.32%.

Analysts Set New Price Targets

INVH has been the topic of a number of recent analyst reports. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Monday, May 18th. Royal Bank Of Canada raised their target price on Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $31.00 to $33.00 in a research note on Wednesday, June 24th. Morgan Stanley reduced their price target on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. Finally, Scotiabank raised their price target on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $32.11.

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.