Mirae Asset Global Investments Co. Ltd. Has $3.30 Million Stock Holdings in Invitation Home $INVH

Mirae Asset Global Investments Co. Ltd. raised its stake in Invitation Home (NYSE:INVH) by 22.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 118,831 shares of the company’s stock after buying an additional 21,555 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invitation Home were worth $3,302,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its holdings in Invitation Home by 1,695.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after acquiring an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Invitation Home by 59.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after acquiring an additional 466 shares in the last quarter. Cromwell Holdings LLC raised its holdings in Invitation Home by 2,463.5% in the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after acquiring an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Mather Group LLC. acquired a new position in Invitation Home in the 3rd quarter valued at $42,000. 96.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

INVH has been the subject of a number of research analyst reports. Oppenheimer lowered their price target on Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Barclays lowered their price target on Invitation Home from $33.00 to $31.00 and set an “overweight” rating for the company in a report on Friday, March 6th. Evercore set a $31.00 price target on Invitation Home in a report on Friday, February 20th. KeyCorp lowered their price target on Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Finally, Mizuho lowered their price target on Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.88.

Invitation Home Price Performance

Invitation Home stock opened at $26.67 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03. Invitation Home has a 52 week low of $24.25 and a 52 week high of $35.80. The stock has a market capitalization of $15.98 billion, a P/E ratio of 27.78, a price-to-earnings-growth ratio of 3.87 and a beta of 0.82. The stock has a fifty day moving average of $25.81 and a 200-day moving average of $26.95.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). The business had revenue of $685.25 million for the quarter, compared to analyst estimates of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.Invitation Home’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, sell-side analysts expect that Invitation Home will post 1.88 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. Invitation Home’s payout ratio is currently 125.00%.

Invitation Home Profile

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.