109,358 Shares in Invitation Home $INVH Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC bought a new stake in shares of Invitation Home (NYSE:INVH) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 109,358 shares of the company’s stock, valued at approximately $3,587,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pallas Capital Advisors LLC purchased a new stake in shares of Invitation Home during the 2nd quarter valued at $432,000. Cbre Investment Management Listed Real Assets LLC raised its position in 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. Wealth Enhancement Advisory Services LLC lifted its stake in Invitation Home by 9.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company’s stock worth $520,000 after purchasing an additional 1,268 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Invitation Home in the 1st quarter worth about $329,000. Finally, Robeco Schweiz AG increased its position in shares of Invitation Home by 42.7% during the 1st quarter. Robeco Schweiz AG now owns 344,000 shares of the company’s stock valued at $11,988,000 after purchasing an additional 103,000 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

INVH has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Invitation Home in a research report on Saturday, September 27th. Evercore ISI cut their price objective on shares of Invitation Home from $36.00 to $35.00 and set an “outperform” rating for the company in a research note on Monday, September 15th. Barclays reduced their target price on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, August 12th. Wells Fargo & Company lowered their price target on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 27th. Finally, Keefe, Bruyette & Woods reduced their price objective 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. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.43.

Invitation Home Trading Down 0.2%

NYSE:INVH opened at $28.64 on Monday. The company has a fifty day moving average of $30.17 and a 200 day moving average of $32.22. Invitation Home has a 52 week low of $28.57 and a 52 week high of $35.80. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $17.55 billion, a P/E ratio of 32.54, a P/E/G ratio of 2.86 and a beta of 0.81.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.48. The business had revenue of $681.40 million for the quarter, compared to analyst estimates of $675.01 million. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.47 EPS. 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 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, September 25th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Thursday, September 25th. Invitation Home’s dividend payout ratio (DPR) is currently 131.82%.

Invitation Home 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.