Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stake in Invitation Home $INVH

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Invitation Home (NYSE:INVH) by 19.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,933 shares of the company’s stock after buying an additional 17,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Invitation Home were worth $3,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. purchased a new position in shares of Invitation Home in the 2nd quarter worth $30,000. Larson Financial Group LLC boosted its stake in shares of Invitation Home by 1,313.8% in the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock worth $32,000 after buying an additional 854 shares during the last quarter. GKV Capital Management Co. Inc. purchased a new position in shares of Invitation Home in the 1st quarter worth $37,000. Zions Bancorporation National Association UT bought a new position in Invitation Home in the 1st quarter worth $40,000. Finally, North Capital Inc. bought a new position in Invitation Home in the 1st quarter worth $41,000. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Price Performance

NYSE:INVH opened at $28.42 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. The business’s 50-day simple moving average is $29.37 and its two-hundred day simple moving average is $31.60. The stock has a market cap of $17.42 billion, a PE ratio of 29.91, a P/E/G ratio of 2.75 and a beta of 0.81. Invitation Home has a 52 week low of $27.38 and a 52 week high of $35.80.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The business had revenue of $688.17 million for the quarter, compared to analysts’ expectations of $679.41 million. Invitation Home had a return on equity of 6.01% and a net margin of 21.70%.The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. As a group, analysts forecast that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 dividend on an annualized basis and a yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is currently 122.11%.

Analyst Ratings Changes

A number of brokerages recently commented on INVH. Wells Fargo & Company decreased 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. Mizuho decreased their target price on Invitation Home from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Tuesday, October 21st. Royal Bank Of Canada decreased their target price on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Invitation Home in a report on Wednesday, October 8th. Finally, Barclays decreased their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, August 12th. Nine 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 company has an average rating of “Moderate Buy” and a consensus target price of $35.97.

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.