Squarepoint Ops LLC Purchases 570,795 Shares of Invitation Home $INVH

Squarepoint Ops LLC increased its holdings in Invitation Home (NYSE:INVH) by 106.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,108,257 shares of the company’s stock after buying an additional 570,795 shares during the quarter. Squarepoint Ops LLC owned 0.19% of Invitation Home worth $33,480,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Clearstead Trust LLC bought a new position in shares of Invitation Home during the 2nd quarter valued at approximately $28,000. Parkside Financial Bank & Trust raised its position in shares of Invitation Home by 110.8% during the second quarter. Parkside Financial Bank & Trust now owns 1,018 shares of the company’s stock valued at $31,000 after buying an additional 535 shares during the last quarter. Raiffeisen Bank International AG boosted its position in shares of Invitation Home by 174.5% during the second quarter. Raiffeisen Bank International AG now owns 1,301 shares of the company’s stock worth $40,000 after acquiring an additional 827 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Invitation Home by 136,000.0% in the 3rd 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 last quarter. Finally, Prosperity Bancshares Inc bought a new position in shares of Invitation Home during the 4th quarter valued at about $42,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

Shares of NYSE INVH opened at $28.23 on Wednesday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $30.89. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. The company has a market cap of $16.67 billion, a PE ratio of 25.90, a P/E/G ratio of 4.05 and a beta of 0.83. The business has a 50-day simple moving average of $29.81 and a two-hundred day simple moving average of $28.23.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The firm had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. During the same period in the prior year, the firm earned $0.48 EPS. The firm’s revenue was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, equities analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.3%. Invitation Home’s dividend payout ratio is currently 110.09%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Barclays lifted their price target on Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Keefe, Bruyette & Woods increased their target price on shares of Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research note on Wednesday, August 5th. Scotiabank boosted their target price on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Mizuho raised their price target on Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Finally, Compass Point upgraded Invitation Home to a “hold” rating in a research report on Thursday, July 9th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $32.53.

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.