SG Americas Securities LLC Acquires 79,418 Shares of Invitation Home $INVH

SG Americas Securities LLC grew its stake in shares of Invitation Home (NYSE:INVH) by 355.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 101,787 shares of the company’s stock after purchasing an additional 79,418 shares during the period. SG Americas Securities LLC’s holdings in Invitation Home were worth $3,339,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pallas Capital Advisors LLC bought a new position in Invitation Home during the 2nd quarter valued at $432,000. Aberdeen Group plc raised its holdings in shares of Invitation Home by 4.8% in the second quarter. Aberdeen Group plc now owns 1,550,283 shares of the company’s stock valued at $50,849,000 after purchasing an additional 70,924 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its position in shares of Invitation Home by 2.4% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,731,189 shares of the company’s stock valued at $199,732,000 after purchasing an additional 134,012 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Invitation Home by 0.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 63,583 shares of the company’s stock worth $2,084,000 after purchasing an additional 533 shares during the last quarter. Finally, Jump Financial LLC bought a new stake in Invitation Home in the 1st quarter worth about $329,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on INVH shares. JPMorgan Chase & Co. dropped their target price on shares of Invitation Home from $38.00 to $37.00 and set an “overweight” rating on the stock in a research report on Tuesday. Keefe, Bruyette & Woods dropped their price target on Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Evercore ISI cut their price objective on Invitation Home from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Friday, October 31st. Barclays decreased their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, August 12th. Finally, Morgan Stanley cut their price target on shares of Invitation Home from $35.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Invitation Home presently has an average rating of “Moderate Buy” and an average target price of $35.09.

Invitation Home Stock Performance

NYSE:INVH opened at $27.53 on Wednesday. The company has a market capitalization of $16.87 billion, a P/E ratio of 28.97, a P/E/G ratio of 2.89 and a beta of 0.81. The business has a fifty day simple moving average of $28.74 and a two-hundred day simple moving average of $31.06. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.03. Invitation Home has a 1 year low of $27.38 and a 1 year high of $35.80.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The company had revenue of $688.17 million during the quarter, compared to the consensus estimate of $679.41 million. During the same quarter in the prior year, the company earned $0.47 EPS. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, analysts expect that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were paid a $0.29 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 4.2%. Invitation Home’s dividend payout ratio (DPR) is presently 122.11%.

Invitation Home Company Profile

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.