Resona Asset Management Co. Ltd. Boosts Holdings in Invitation Home $INVH

Resona Asset Management Co. Ltd. lifted its position in shares of Invitation Home (NYSE:INVH) by 5.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,599 shares of the company’s stock after purchasing an additional 17,797 shares during the period. Resona Asset Management Co. Ltd. owned about 0.06% of Invitation Home worth $8,492,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on INVH shares. Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $31.00 to $33.00 in a report on Wednesday, June 24th. BMO Capital Markets lifted their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a report on Monday, June 15th. Compass Point raised Invitation Home to a “hold” rating in a research report on Thursday. Wall Street Zen upgraded Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Jefferies Financial Group upgraded Invitation Home to a “hold” rating in a research note on Friday, June 26th. Ten equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $32.26.

Invitation Home Stock Performance

INVH traded up $0.25 during trading hours on Friday, hitting $29.62. 2,964,155 shares of the stock were exchanged, compared to its average volume of 5,614,177. The stock has a 50-day simple moving average of $29.28 and a 200-day simple moving average of $27.41. Invitation Home has a 12 month low of $24.25 and a 12 month high of $32.67. The stock has a market cap of $17.60 billion, a price-to-earnings ratio of 31.18, a price-to-earnings-growth ratio of 3.47 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 released its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. The firm had revenue of $579.00 million during 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%. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

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 issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s payout ratio is 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.