Wealthfront Advisers LLC Invests $6.91 Million in Invitation Home $INVH

Wealthfront Advisers LLC acquired a new position in Invitation Home (NYSE:INVH) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 228,816 shares of the company’s stock, valued at approximately $6,913,000.

Several other large investors also recently added to or reduced their stakes in INVH. Clearstead Trust LLC bought a new position in Invitation Home in the 2nd quarter worth about $28,000. Caitong International Asset Management Co. Ltd increased its position in shares of Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after purchasing an additional 1,360 shares during the last quarter. Prosperity Bancshares Inc purchased a new stake in Invitation Home in the fourth quarter worth approximately $42,000. MUFG Securities EMEA plc purchased a new position in shares of Invitation Home during the second quarter worth approximately $55,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Invitation Home by 7,687.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after acquiring an additional 1,845 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

INVH stock opened at $30.19 on Thursday. The stock has a market capitalization of $17.83 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 4.25 and a beta of 0.83. Invitation Home has a 12-month low of $24.25 and a 12-month high of $31.38. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. The stock’s 50 day simple moving average is $29.83 and its 200 day simple moving average is $27.97.

Invitation Home (NYSE:INVH) last posted its 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. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. During the same quarter last year, the company earned $0.48 EPS. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, research analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is presently 110.09%.

Wall Street Analyst Weigh In

INVH has been the topic of several analyst reports. Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a report on Monday, May 18th. Evercore restated an “outperform” rating and set a $32.00 target price on shares of Invitation Home in a report on Friday, May 1st. Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Cfra cut Invitation Home from a “hold” rating to a “sell” rating and lowered their price objective for the company from $29.00 to $27.00 in a research note on Wednesday, May 27th. Finally, BMO Capital Markets raised their price target on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Invitation Home currently has an average rating of “Hold” and a consensus target price of $32.68.

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.