Cwm LLC increased its position in shares of Invitation Home (NYSE:INVH – Free Report) by 1,097.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 77,917 shares of the company’s stock after acquiring an additional 71,408 shares during the quarter. Cwm LLC’s holdings in Invitation Home were worth $2,556,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC boosted its position in Invitation Home by 15.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 48,201 shares of the company’s stock worth $1,581,000 after acquiring an additional 6,556 shares during the last quarter. Inspire Investing LLC grew its holdings in Invitation Home by 8.5% in the second quarter. Inspire Investing LLC now owns 67,683 shares of the company’s stock valued at $2,220,000 after purchasing an additional 5,283 shares during the period. Aberdeen Group plc grew its holdings in 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 period. Commerzbank Aktiengesellschaft FI grew its holdings in Invitation Home by 16.8% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 15,292 shares of the company’s stock valued at $502,000 after purchasing an additional 2,201 shares during the period. Finally, IFP Advisors Inc grew its holdings in Invitation Home by 3,219.5% in the second quarter. IFP Advisors Inc now owns 1,361 shares of the company’s stock valued at $45,000 after purchasing an additional 1,320 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the stock. Barclays lowered their target price on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, August 12th. Royal Bank Of Canada lowered their target price on shares of Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Wells Fargo & Company lowered their target price on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating for the company in a report on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Invitation Home in a report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of 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. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.34.
Invitation Home Price Performance
INVH opened at $28.51 on Friday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. Invitation Home has a 52-week low of $27.71 and a 52-week high of $35.80. The company has a 50 day moving average of $29.69 and a two-hundred day moving average of $31.81. The company has a market cap of $17.48 billion, a P/E ratio of 32.40, a P/E/G ratio of 2.85 and a beta of 0.81.
Invitation Home (NYSE:INVH – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. The company had revenue of $681.40 million during the quarter, compared to the consensus estimate of $675.01 million. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. Invitation Home’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, analysts expect that Invitation Home will post 1.83 earnings per share for the current year.
Invitation Home Dividend Announcement
The company 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 4.1%. Invitation Home’s dividend payout ratio is 131.82%.
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.
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