Swiss Life Asset Management Ltd lifted its stake in Invitation Home (NYSE:INVH – Free Report) by 104.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 283,096 shares of the company’s stock after purchasing an additional 144,820 shares during the period. Swiss Life Asset Management Ltd’s holdings in Invitation Home were worth $7,867,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. increased its holdings in shares of Invitation Home by 1,695.2% in the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Home by 59.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after purchasing an additional 466 shares during the last quarter. Cromwell Holdings LLC increased its holdings in shares of Invitation Home by 2,463.5% in the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after purchasing an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after purchasing an additional 1,360 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Invitation Home in the second quarter valued at approximately $55,000. Institutional investors and hedge funds own 96.79% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on INVH shares. Citigroup cut their price target on Invitation Home from $36.50 to $31.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Keefe, Bruyette & Woods increased their price target on Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a report on Monday, May 4th. Wells Fargo & Company cut their price target on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, March 5th. Compass Point started coverage on Invitation Home in a report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price target for the company. Finally, Evercore reissued an “outperform” rating and set a $32.00 target price on shares of Invitation Home in a research note on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.94.
Invitation Home Price Performance
INVH stock opened at $28.45 on Wednesday. The business has a fifty day moving average of $26.29 and a two-hundred day moving average of $26.93. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. The stock has a market cap of $16.90 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 4.14 and a beta of 0.86. Invitation Home has a 52-week low of $24.25 and a 52-week high of $34.58.
Invitation Home (NYSE:INVH – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.92 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, research analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.
Invitation Home Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.20 annualized dividend and a yield of 4.2%. Invitation Home’s dividend payout ratio (DPR) is 126.32%.
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.
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