Sterling Capital Management LLC Has $1.96 Million Stock Position in Invitation Home $INVH

Sterling Capital Management LLC cut its holdings in shares of Invitation Home (NYSE:INVH) by 19.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,677 shares of the company’s stock after selling 19,295 shares during the period. Sterling Capital Management LLC’s holdings in Invitation Home were worth $1,955,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Aurora Investment Managers LLC. bought a new position in Invitation Home in the fourth quarter valued at about $2,740,000. Swiss Life Asset Management Ltd raised its stake in Invitation Home by 189.8% during the third quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock worth $4,056,000 after acquiring an additional 90,554 shares in the last quarter. Tudor Investment Corp ET AL lifted its holdings in shares of Invitation Home by 570.5% in the third quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock worth $3,842,000 after acquiring an additional 111,461 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Invitation Home in the third quarter worth about $1,549,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Invitation Home by 3.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,413,502 shares of the company’s stock valued at $67,071,000 after purchasing an additional 74,029 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

INVH has been the topic of several research reports. Jefferies Financial Group raised shares of Invitation Home to a “hold” rating in a report on Friday. Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Monday, May 18th. Compass Point began coverage on shares of Invitation Home in a research report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 target price on the stock. Royal Bank Of Canada boosted their target price on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Finally, Morgan Stanley lowered their price target on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Ten investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and an average price target of $32.11.

Invitation Home Stock Performance

NYSE:INVH opened at $30.54 on Tuesday. The stock’s 50-day moving average is $28.79 and its 200-day moving average is $27.21. Invitation Home has a 1-year low of $24.25 and a 1-year high of $33.21. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. The stock has a market cap of $18.14 billion, a P/E ratio of 32.15, a price-to-earnings-growth ratio of 3.57 and a beta of 0.85.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The business had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.91 million. During the same quarter last year, the business earned $0.48 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities 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 declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. Invitation Home’s dividend payout ratio (DPR) is presently 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.