Mitsubishi UFJ Trust & Banking Corp Sells 3,443 Shares of Invitation Home $INVH

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in Invitation Home (NYSE:INVH) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 246,327 shares of the company’s stock after selling 3,443 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Invitation Home were worth $8,080,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. acquired a new position in shares of Invitation Home during the 2nd quarter worth approximately $30,000. Larson Financial Group LLC grew 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 in the last quarter. GKV Capital Management Co. Inc. acquired a new position in Invitation Home during the first quarter worth $37,000. Zions Bancorporation National Association UT bought a new stake in Invitation Home during the first quarter worth $40,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in Invitation Home by 49.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock worth $42,000 after acquiring an additional 421 shares in the last quarter. 96.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada dropped their target price on shares of Invitation Home from $33.00 to $32.00 and set a “sector perform” rating on the stock in a report on Friday, October 31st. Barclays lowered their price target 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. Mizuho cut their price objective on Invitation Home from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Tuesday, October 21st. Scotiabank decreased their target price on Invitation Home from $36.00 to $31.00 and set a “sector perform” rating on the stock in a report on Monday, November 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Invitation Home in a research note on Wednesday, October 8th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Invitation Home presently has an average rating of “Moderate Buy” and an average target price of $35.15.

Invitation Home Stock Up 0.4%

Shares of INVH opened at $28.38 on Monday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.42. Invitation Home has a 12 month low of $27.38 and a 12 month high of $35.80. The firm’s 50 day moving average is $28.83 and its 200-day moving average is $31.16. The stock has a market capitalization of $17.40 billion, a PE ratio of 29.87, a P/E/G ratio of 2.93 and a beta of 0.81.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The firm had revenue of $688.17 million during the quarter, compared to the consensus estimate of $679.41 million. During the same period in the prior year, the company posted $0.47 EPS. The company’s revenue was up 4.2% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. Equities research analysts forecast that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders 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 4.1%. The ex-dividend date was Thursday, September 25th. Invitation Home’s dividend payout ratio is presently 122.11%.

About Invitation Home

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.