Cibc World Market Inc. Acquires 200,689 Shares of Invitation Home $INVH

Cibc World Market Inc. lifted its holdings in shares of Invitation Home (NYSE:INVH) by 55.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 565,245 shares of the company’s stock after purchasing an additional 200,689 shares during the quarter. Cibc World Market Inc.’s holdings in Invitation Home were worth $15,708,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Assetmark Inc. increased its holdings in shares of Invitation Home by 12.3% during the third quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock worth $119,000 after purchasing an additional 446 shares during the period. Clearstead Advisors LLC increased its holdings in shares of Invitation Home by 24.9% during the third quarter. Clearstead Advisors LLC now owns 2,255 shares of the company’s stock worth $66,000 after purchasing an additional 450 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Home by 59.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Invitation Home by 2.4% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock worth $563,000 after acquiring an additional 484 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Invitation Home by 21.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock valued at $93,000 after acquiring an additional 564 shares during the last quarter. 96.79% of the stock is owned by institutional investors.

Invitation Home Stock Performance

Shares of NYSE:INVH opened at $30.06 on Friday. The company’s 50 day simple moving average is $27.58 and its 200 day simple moving average is $27.03. The stock has a market capitalization of $17.86 billion, a price-to-earnings ratio of 31.65, a price-to-earnings-growth ratio of 3.46 and a beta of 0.85. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a 1 year low of $24.25 and a 1 year high of $34.25.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share 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 firm had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.92 million. During the same quarter last year, the business posted $0.48 earnings per share. The company’s quarterly revenue 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, research analysts predict that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were given a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Oppenheimer decreased their price objective on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Keefe, Bruyette & Woods lifted their price objective on shares of Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Mizuho decreased their price objective on shares of Invitation Home from $27.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Citizens Jmp decreased their price objective on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Finally, Barclays lifted their price objective on shares of Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and a consensus target price of $31.50.

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.