Lecap Asset Management Ltd. Purchases 46,812 Shares of Invitation Home $INVH

Lecap Asset Management Ltd. increased its position in Invitation Home (NYSE:INVH) by 113.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,041 shares of the company’s stock after acquiring an additional 46,812 shares during the period. Invitation Home makes up 1.0% of Lecap Asset Management Ltd.’s portfolio, making the stock its 7th biggest position. Lecap Asset Management Ltd.’s holdings in Invitation Home were worth $2,447,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Carnegie Lake Advisors LLC increased its holdings in shares of Invitation Home by 1.2% in the 3rd quarter. Carnegie Lake Advisors LLC now owns 33,776 shares of the company’s stock worth $991,000 after acquiring an additional 400 shares during the period. Assetmark Inc. increased its holdings in shares of Invitation Home by 12.3% in the 3rd quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock worth $119,000 after acquiring an additional 446 shares during the period. Clearstead Advisors LLC increased its holdings in shares of Invitation Home by 24.9% in the 3rd quarter. Clearstead Advisors LLC now owns 2,255 shares of the company’s stock worth $66,000 after acquiring an additional 450 shares during the period. AlphaQuest LLC increased its holdings in shares of Invitation Home by 0.4% in the 3rd quarter. AlphaQuest LLC now owns 112,989 shares of the company’s stock worth $3,314,000 after acquiring an additional 454 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Invitation Home by 59.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after acquiring an additional 466 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Performance

NYSE:INVH opened at $27.02 on Friday. Invitation Home has a twelve month low of $24.25 and a twelve month high of $35.80. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average of $25.81 and a 200-day moving average of $26.98. The firm has a market cap of $16.19 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth ratio of 3.77 and a beta of 0.82.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.21). Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The business had revenue of $685.25 million for the quarter, compared to the consensus estimate of $683.00 million. During the same quarter last year, the business posted $0.47 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts forecast that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders 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 annualized dividend and a dividend yield of 4.4%. Invitation Home’s dividend payout ratio (DPR) is 125.00%.

Wall Street Analyst Weigh In

INVH has been the topic of a number of analyst reports. Morgan Stanley dropped their price objective on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a report on Monday, March 9th. Wells Fargo & Company dropped their price objective on shares of Invitation Home from $31.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Royal Bank Of Canada decreased their target price on shares of Invitation Home from $30.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, February 20th. Barclays decreased their target price on shares of Invitation Home from $33.00 to $31.00 and set an “overweight” rating for the company in a research report on Friday, March 6th. Finally, Oppenheimer decreased their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $32.88.

Invitation Home Company 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.