Sequoia Financial Advisors LLC Purchases 15,106 Shares of Invitation Home $INVH

Sequoia Financial Advisors LLC lifted its position in shares of Invitation Home (NYSE:INVH) by 220.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,966 shares of the company’s stock after purchasing an additional 15,106 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invitation Home were worth $720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Horizon Investments LLC boosted its holdings in Invitation Home by 5.0% in the first quarter. Horizon Investments LLC now owns 8,182 shares of the company’s stock valued at $285,000 after acquiring an additional 386 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Invitation Home by 2.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock valued at $561,000 after acquiring an additional 399 shares during the last quarter. New England Research & Management Inc. boosted its holdings in Invitation Home by 0.9% in the second quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock valued at $1,516,000 after acquiring an additional 400 shares during the last quarter. Commerce Bank boosted its holdings in Invitation Home by 4.2% in the first quarter. Commerce Bank now owns 10,197 shares of the company’s stock valued at $355,000 after acquiring an additional 414 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Invitation Home by 49.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after acquiring an additional 421 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors.

Invitation Home Price Performance

Shares of INVH opened at $28.51 on Friday. Invitation Home has a 52-week low of $27.71 and a 52-week high of $35.80. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.02 and a current ratio of 0.02. The business’s 50 day moving average price is $29.69 and its two-hundred day moving average price is $31.81. The firm has a market cap of $17.48 billion, a PE ratio of 32.40, a price-to-earnings-growth ratio of 2.85 and a beta of 0.81.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, July 30th. The company reported $0.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.48. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The company had revenue of $681.40 million for the quarter, compared to analyst estimates of $675.01 million. During the same period in the prior year, the firm earned $0.47 earnings per share. Invitation Home’s revenue for the quarter was up 4.3% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, equities analysts anticipate that Invitation Home will post 1.83 EPS 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 given 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 of this dividend was Thursday, September 25th. Invitation Home’s dividend payout ratio is presently 131.82%.

Analyst Ratings Changes

Several analysts recently commented on INVH shares. Wells Fargo & Company reduced their target price on Invitation Home from $33.00 to $31.00 and set an “equal weight” rating on the stock in a report on Monday, October 13th. Scotiabank reduced their target price on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating on the stock in a report on Thursday, August 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Invitation Home in a report on Wednesday, October 8th. Barclays dropped their price target on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. Finally, Royal Bank Of Canada dropped their price target on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a research note on Friday, August 1st. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Invitation Home has a consensus rating of “Moderate Buy” and a consensus price target of $36.34.

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.