Meeder Advisory Services Inc. Makes New $503,000 Investment in Invitation Home $INVH

Meeder Advisory Services Inc. purchased 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 (SEC). The fund purchased 16,638 shares of the company’s stock, valued at approximately $503,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clearstead Trust LLC bought a new stake in Invitation Home in the 2nd quarter worth about $28,000. Caitong International Asset Management Co. Ltd lifted its stake in Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares during the period. Prosperity Bancshares Inc bought a new position in Invitation Home during the 4th quarter valued at about $42,000. AdvisorNet Financial Inc boosted its holdings in shares of Invitation Home by 7,687.5% during the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after acquiring an additional 1,845 shares during the last quarter. Finally, Essential Partners LLC boosted its holdings in shares of Invitation Home by 353.7% during the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock valued at $47,000 after acquiring an additional 1,468 shares during the last quarter. 96.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

INVH has been the subject of several research reports. Wall Street Zen raised shares of Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Mizuho raised their target price on shares of Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. Royal Bank Of Canada lifted their target price on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Oppenheimer increased their price target on Invitation Home from $31.00 to $33.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Finally, UBS Group raised their price target on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Invitation Home has a consensus rating of “Hold” and a consensus price target of $32.68.

Invitation Home Stock Performance

Shares of INVH opened at $30.31 on Friday. The business has a 50-day simple moving average of $29.84 and a two-hundred day simple moving average of $28.00. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.38. The stock has a market cap of $17.90 billion, a price-to-earnings ratio of 27.81, a PEG ratio of 4.31 and a beta of 0.83.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The firm had revenue of $747.55 million for the quarter, compared to analysts’ expectations of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, analysts expect that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.20 annualized dividend and a yield of 4.0%. Invitation Home’s payout ratio is currently 110.09%.

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.