Caisse de depot et placement du Quebec Buys Shares of 799,487 Invitation Home $INVH

Caisse de depot et placement du Quebec bought a new stake in shares of Invitation Home (NYSE:INVH) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 799,487 shares of the company’s stock, valued at approximately $24,153,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC lifted its holdings in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after purchasing an additional 29,962 shares during the last quarter. Empowered Funds LLC boosted its position in Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after purchasing an additional 1,290 shares during the period. Sivia Capital Partners LLC bought a new position in Invitation Home during the 2nd quarter worth $287,000. Cetera Investment Advisers grew its stake in Invitation Home by 8.5% during the 2nd quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $637,000 after buying an additional 1,528 shares during the last quarter. Finally, Cresset Asset Management LLC increased its position in Invitation Home by 5.5% in the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after buying an additional 809 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on INVH shares. Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research note on Monday, May 18th. Citigroup reaffirmed a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th. Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Evercore reiterated an “outperform” rating and issued a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research note on Wednesday, August 5th. Ten 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 stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $32.53.

Invitation Home Stock Performance

Shares of INVH opened at $29.30 on Friday. The firm has a market capitalization of $17.31 billion, a PE ratio of 26.88, a P/E/G ratio of 4.17 and a beta of 0.83. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $29.96 and a 200 day moving average price of $28.14. Invitation Home has a 52-week low of $24.25 and a 52-week high of $31.33.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.34. The company had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. Invitation Home’s 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, sell-side 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 announced a quarterly dividend, which was paid on Friday, July 17th. Investors 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 4.1%. Invitation Home’s payout ratio is presently 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.