SummitTX Capital L.P. Has $9.52 Million Holdings in Invitation Home $INVH

SummitTX Capital L.P. increased its stake in shares of Invitation Home (NYSE:INVH) by 30.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 382,893 shares of the company’s stock after buying an additional 89,118 shares during the quarter. SummitTX Capital L.P.’s holdings in Invitation Home were worth $9,515,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Sequoia Financial Advisors LLC grew its position in Invitation Home by 2.4% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock valued at $563,000 after acquiring an additional 484 shares during the period. LPL Financial LLC lifted its holdings in shares of Invitation Home by 0.7% during the fourth quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock valued at $2,047,000 after acquiring an additional 503 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Invitation Home by 5.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company’s stock valued at $294,000 after acquiring an additional 516 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invitation Home by 21.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock valued at $93,000 after purchasing an additional 564 shares in the last quarter. Finally, SCS Capital Management LLC boosted its stake in shares of Invitation Home by 3.4% in the 4th quarter. SCS Capital Management LLC now owns 17,908 shares of the company’s stock valued at $498,000 after purchasing an additional 582 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Performance

Invitation Home stock opened at $29.77 on Monday. The stock has a 50-day simple moving average of $29.55 and a 200 day simple moving average of $27.58. The stock has a market capitalization of $17.68 billion, a price-to-earnings ratio of 31.33, a P/E/G ratio of 3.49 and a beta of 0.84. The company has a quick ratio of 0.02, a current 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 $32.27.

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

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s dividend payout ratio is 126.32%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on INVH shares. Mizuho increased their target price on shares of Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 17th. Scotiabank upped their price objective on shares of Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. UBS Group raised their price objective on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Evercore reissued an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a report on Friday, May 1st. Finally, Royal Bank Of Canada increased their price target on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Invitation Home presently has a consensus rating of “Hold” and a consensus target price of $32.47.

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.