Inspire Investing LLC Has $2.18 Million Stock Holdings in Invitation Home $INVH

Inspire Investing LLC grew its stake in Invitation Home (NYSE:INVH) by 0.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 62,400 shares of the company’s stock after purchasing an additional 537 shares during the quarter. Inspire Investing LLC’s holdings in Invitation Home were worth $2,175,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in INVH. Larson Financial Group LLC lifted its stake in shares of Invitation Home by 1,313.8% in the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock valued at $32,000 after purchasing an additional 854 shares during the period. GKV Capital Management Co. Inc. acquired a new position in shares of Invitation Home in the 1st quarter valued at $37,000. Zions Bancorporation National Association UT acquired a new position in shares of Invitation Home in the 1st quarter valued at $40,000. North Capital Inc. acquired a new position in shares of Invitation Home in the 1st quarter valued at $41,000. Finally, SVB Wealth LLC acquired a new position in shares of Invitation Home in the 1st quarter valued at $58,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on INVH shares. Barclays cut their price target on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. Keefe, Bruyette & Woods cut their price target on Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Scotiabank cut their price target on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating on the stock in a research note on Thursday, August 28th. Royal Bank Of Canada dropped their price objective on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a research note on Friday, August 1st. Finally, Wells Fargo & Company dropped their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 27th. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Invitation Home has an average rating of “Hold” and an average target price of $36.85.

Invitation Home Stock Performance

Shares of Invitation Home stock opened at $30.61 on Friday. The company has a market capitalization of $18.76 billion, a PE ratio of 34.78, a PEG ratio of 3.00 and a beta of 0.82. Invitation Home has a 12 month low of $29.37 and a 12 month high of $37.24. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. The stock’s fifty day simple moving average is $31.11 and its 200 day simple moving average is $32.71.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The business had revenue of $681.40 million for the quarter, compared to the consensus estimate of $675.01 million. During the same quarter last year, the business posted $0.47 EPS. The firm’s revenue was up 4.3% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, research analysts predict that Invitation Home will post 1.83 EPS for the current year.

About Invitation Home

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.