Callan Family Office LLC Makes New $371,000 Investment in Invitation Home $INVH

Callan Family Office LLC bought a new position in shares of Invitation Home (NYSE:INVH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,306 shares of the company’s stock, valued at approximately $371,000.

Other institutional investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. acquired a new position in Invitation Home during the second quarter worth about $30,000. Larson Financial Group LLC increased its stake in shares of Invitation Home by 1,313.8% in the first quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock valued at $32,000 after buying an additional 854 shares during the period. GKV Capital Management Co. Inc. acquired a new position in shares of Invitation Home in the first quarter valued at approximately $37,000. Zions Bancorporation National Association UT acquired a new position in shares of Invitation Home in the first quarter valued at approximately $40,000. Finally, North Capital Inc. acquired a new position in shares of Invitation Home in the first quarter valued at approximately $41,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Evercore ISI lowered their price objective on Invitation Home from $35.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday. Keefe, Bruyette & Woods lowered their price objective on Invitation Home from $37.00 to $33.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Wells Fargo & Company lowered their price objective on Invitation Home from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Invitation Home in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada lowered their price objective on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.23.

Invitation Home Price Performance

Invitation Home stock opened at $28.40 on Thursday. The stock has a market capitalization of $17.41 billion, a price-to-earnings ratio of 32.28, a PEG ratio of 2.85 and a beta of 0.81. Invitation Home has a 52-week low of $27.71 and a 52-week high of $35.80. The stock’s 50 day moving average price is $29.75 and its two-hundred day moving average price is $31.92. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last posted 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 firm had revenue of $681.40 million for the quarter, compared to analysts’ expectations of $675.01 million. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, equities analysts predict that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, September 25th will be issued a dividend of $0.29 per share. 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 is presently 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.