Weiss Asset Management LP Invests $690,000 in Invitation Home $INVH

Weiss Asset Management LP bought a new position in shares of Invitation Home (NYSE:INVH) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 27,755 shares of the company’s stock, valued at approximately $690,000.

Other institutional investors have also bought and sold shares of the company. Cromwell Holdings LLC raised its stake in Invitation Home by 2,463.5% during the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after acquiring an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares during the period. Prosperity Bancshares Inc acquired a new stake in shares of Invitation Home in the 4th quarter valued at $42,000. MUFG Securities EMEA plc acquired a new stake in shares of Invitation Home in the 2nd quarter valued at $55,000. Finally, AdvisorNet Financial Inc grew its holdings in shares of Invitation Home by 7,687.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after purchasing an additional 1,845 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of NYSE:INVH opened at $29.64 on Tuesday. Invitation Home has a twelve month low of $24.25 and a twelve month high of $32.04. The firm has a market cap of $17.61 billion, a PE ratio of 31.20, a price-to-earnings-growth ratio of 3.49 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The business has a fifty day moving average of $29.56 and a 200-day moving average of $27.59.

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

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Scotiabank increased their target price on shares of Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Evercore restated an “outperform” rating and issued a $32.00 price target on shares of Invitation Home in a research report on Friday, May 1st. Barclays upped their price objective on shares of Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Cfra cut 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. Finally, Mizuho lifted their target price 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. Ten equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $32.47.

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.