Odyssean LLC Has $3.03 Million Stock Position in Invitation Home $INVH

Odyssean LLC grew its position in Invitation Home (NYSE:INVH) by 76.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 100,162 shares of the company’s stock after purchasing an additional 43,490 shares during the period. Odyssean LLC’s holdings in Invitation Home were worth $3,026,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Sequoia Financial Advisors LLC raised its holdings in shares of Invitation Home by 2.4% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock valued at $563,000 after acquiring an additional 484 shares during the period. LPL Financial LLC boosted its stake in Invitation Home by 0.7% in the 4th quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock worth $2,047,000 after purchasing an additional 503 shares during the period. Commonwealth Equity Services LLC boosted its stake in Invitation Home by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company’s stock worth $294,000 after purchasing an additional 516 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Invitation Home by 21.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock worth $93,000 after purchasing an additional 564 shares in the last quarter. Finally, SCS Capital Management LLC grew its position in Invitation Home by 3.4% during the 4th quarter. SCS Capital Management LLC now owns 17,908 shares of the company’s stock worth $498,000 after purchasing an additional 582 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Home Stock Down 0.8%

Invitation Home stock opened at $30.23 on Wednesday. The firm has a market cap of $17.85 billion, a PE ratio of 27.73, a P/E/G ratio of 4.35 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. The firm’s 50 day moving average price is $29.90 and its two-hundred day moving average price is $28.08. Invitation Home has a twelve month low of $24.25 and a twelve month high of $31.33.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The company had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, research analysts predict that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were paid a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Invitation Home’s payout ratio is 110.09%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Cfra downgraded shares of Invitation Home from a “hold” rating to a “sell” rating and cut their target price for the company from $29.00 to $27.00 in a research note on Wednesday, May 27th. Mizuho raised their target price on Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 17th. Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Monday, May 18th. Keefe, Bruyette & Woods upped their price target on Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $31.00 to $33.00 in a research report on Wednesday, June 24th. 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, Invitation Home presently has an average rating of “Hold” and an average price target of $32.53.

About Invitation Home

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.