Quantbot Technologies LP purchased a new position in Invitation Home (NYSE:INVH – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 188,521 shares of the company’s stock, valued at approximately $5,695,000.
A number of other large investors also recently bought and sold shares of INVH. M&T Bank Corp purchased a new position in Invitation Home during the fourth quarter valued at $1,756,000. Legal & General Group Plc grew its stake in shares of Invitation Home by 6.6% in the fourth quarter. Legal & General Group Plc now owns 5,735,955 shares of the company’s stock worth $159,402,000 after acquiring an additional 355,825 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Invitation Home by 4.6% during the first quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock valued at $73,478,000 after acquiring an additional 129,202 shares in the last quarter. Algebris UK Ltd. purchased a new position in shares of Invitation Home in the 4th quarter worth about $15,370,000. Finally, BNP Paribas Financial Markets boosted its stake in Invitation Home by 79.6% in the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after purchasing an additional 2,004,728 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research analysts have issued reports on INVH shares. UBS Group lifted their target price 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. Compass Point upgraded shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. 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. Wall Street Zen upgraded Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Evercore reaffirmed an “outperform” rating and set a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. 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 stock. According to MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and an average price target of $32.68.
Invitation Home Price Performance
NYSE INVH opened at $30.11 on Friday. The business’s fifty day moving average price is $29.85 and its 200-day moving average price is $28.01. The stock has a market capitalization of $17.78 billion, a price-to-earnings ratio of 27.62, a PEG ratio of 4.30 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, 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 $31.38.
Invitation Home (NYSE:INVH – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.17 by $0.34. The company had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.Invitation Home’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities analysts predict that Invitation Home will post 1.89 earnings per share for the current year.
Invitation Home Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) 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.
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