Louisiana State Employees Retirement System Makes New $713,000 Investment in Invitation Home $INVH

Louisiana State Employees Retirement System acquired a new stake in Invitation Home (NYSE:INVH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,700 shares of the company’s stock, valued at approximately $713,000.

Several other institutional investors have also recently modified their holdings of INVH. AQR Capital Management LLC lifted its holdings in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after buying an additional 29,962 shares during the period. Empowered Funds LLC raised its stake in shares of Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after buying an additional 1,290 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Invitation Home during the 2nd quarter valued at approximately $287,000. Cetera Investment Advisers grew its stake in Invitation Home by 8.5% in the 2nd quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock valued at $637,000 after acquiring an additional 1,528 shares during the period. Finally, Cresset Asset Management LLC raised its position in Invitation Home by 5.5% during the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after acquiring an additional 809 shares during the period. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Stock Performance

Shares of INVH traded up $0.46 during mid-day trading on Tuesday, reaching $30.48. 79,114 shares of the company’s stock were exchanged, compared to its average volume of 6,481,515. The business’s fifty day simple moving average is $29.12 and its 200-day simple moving average is $27.34. Invitation Home has a 52-week low of $24.25 and a 52-week high of $32.67. The stock has a market capitalization of $18.11 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 3.58 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. Invitation Home’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period last year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities research analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, June 25th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Thursday, June 25th. Invitation Home’s payout ratio is presently 126.32%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on INVH. Mizuho raised their price target on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. Evercore reiterated an “outperform” rating and set a $32.00 price objective on shares of Invitation Home in a research note on Friday, May 1st. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Scotiabank increased their price objective on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Finally, Compass Point started coverage on Invitation Home in a report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $32.11.

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.