Invitation Home $INVH Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. decreased its position in shares of Invitation Home (NYSE:INVH) by 1.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,720 shares of the company’s stock after selling 373 shares during the period. Securian Asset Management Inc.’s holdings in Invitation Home were worth $975,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Pallas Capital Advisors LLC acquired a new stake in Invitation Home in the 2nd quarter valued at about $432,000. Cbre Investment Management Listed Real Assets LLC raised its position in Invitation Home by 2.4% in the 1st 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 raised its position in Invitation Home by 9.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company’s stock valued at $520,000 after purchasing an additional 1,268 shares in the last quarter. Jump Financial LLC acquired a new stake in Invitation Home in the 1st quarter valued at about $329,000. Finally, Sequoia Financial Advisors LLC raised its position in shares of Invitation Home by 220.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,966 shares of the company’s stock worth $720,000 after acquiring an additional 15,106 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on INVH. Weiss Ratings reissued a “hold (c)” rating on shares of Invitation Home in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 target price on the stock in a research report on Friday, October 17th. Mizuho cut their target price on Invitation Home from $32.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday. Barclays cut their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 12th. Finally, Keefe, Bruyette & Woods cut their target price on Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Invitation Home currently has a consensus rating of “Moderate Buy” and an average price target of $35.97.

Invitation Home Trading Up 0.1%

NYSE:INVH opened at $28.92 on Friday. The stock’s 50 day moving average price is $29.58 and its 200 day moving average price is $31.71. The company has a market capitalization of $17.73 billion, a PE ratio of 32.86, a P/E/G ratio of 2.89 and a beta of 0.81. 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.

Invitation Home (NYSE:INVH) last released 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 the consensus estimate of $675.01 million. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, research analysts anticipate that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 25th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was 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.