1,956,338 Shares in Invitation Home $INVH Bought by Junto Capital Management LP

Junto Capital Management LP acquired a new position in Invitation Home (NYSE:INVH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,956,338 shares of the company’s stock, valued at approximately $59,101,000. Junto Capital Management LP owned about 0.33% of Invitation Home at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Jupiter Topco LLC bought a new stake in Invitation Home in the second quarter worth about $4,243,000. Legal & General Group Plc increased its stake in shares of Invitation Home by 6.6% during the 4th quarter. Legal & General Group Plc now owns 5,735,955 shares of the company’s stock worth $159,402,000 after purchasing an additional 355,825 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Invitation Home by 4.6% during the 1st quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock worth $73,478,000 after purchasing an additional 129,202 shares during the last quarter. Carlyle Group Inc. bought a new stake in shares of Invitation Home in the 2nd quarter worth approximately $20,026,000. Finally, BlackRock Inc. purchased a new position in Invitation Home in the second quarter valued at approximately $1,866,973,000. Institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Invitation Home in a research report on Thursday, August 27th. Citigroup reiterated a “buy” rating on shares of Invitation Home in a research note on Thursday, August 6th. Oppenheimer boosted their price objective on Invitation Home from $31.00 to $33.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. BMO Capital Markets upped their price objective on shares of Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Finally, Cfra lowered shares of Invitation Home from a “hold” rating to a “sell” rating and cut their target price for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. Ten research 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. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $32.53.

Invitation Home Price Performance

Shares of NYSE:INVH opened at $28.20 on Thursday. The company has a 50 day moving average of $29.77 and a 200 day moving average of $28.24. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. The stock has a market cap of $16.66 billion, a P/E ratio of 25.88, a P/E/G ratio of 4.02 and a beta of 0.83. Invitation Home has a 12 month low of $24.25 and a 12 month high of $30.89.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.17 by $0.34. The firm had revenue of $747.55 million during the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, sell-side analysts forecast that Invitation Home will post 1.9 EPS for the current fiscal year.

Invitation Home Profile

Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides residents with professionally managed rental homes, including leasing support, property maintenance and resident services.

Invitation Homes focuses primarily on metropolitan areas across the Sun Belt and other high-growth U.S. markets. Its portfolio includes detached homes in established neighborhoods, and the company manages the acquisition, renovation, leasing and ongoing operation of those properties.

The company was founded in 2012 and became a public company in 2017 following its merger with Starwood Waypoint Homes.