Machina Capital S.A.S. Invests $3.40 Million in Invitation Home $INVH

Machina Capital S.A.S. bought a new position in shares of Invitation Home (NYSE:INVH) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 103,711 shares of the company’s stock, valued at approximately $3,402,000.

Several other large investors have also recently added to or reduced their stakes in INVH. Wealth Enhancement Advisory Services LLC increased its stake in Invitation Home by 9.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company’s stock worth $520,000 after buying an additional 1,268 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Invitation Home by 10.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 63,050 shares of the company’s stock worth $2,178,000 after buying an additional 5,932 shares during the period. Mather Group LLC. increased its stake in Invitation Home by 36.0% during the 1st quarter. Mather Group LLC. now owns 2,732 shares of the company’s stock worth $95,000 after buying an additional 723 shares during the period. GF Fund Management CO. LTD. increased its stake in Invitation Home by 4.2% during the 1st quarter. GF Fund Management CO. LTD. now owns 11,023 shares of the company’s stock worth $384,000 after buying an additional 448 shares during the period. Finally, Brown Advisory Inc. purchased a new stake in shares of Invitation Home in the 1st quarter valued at approximately $226,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on INVH shares. JPMorgan Chase & Co. raised shares of Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 price objective on the stock in a research report on Friday, October 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Invitation Home in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods dropped their price objective on shares of Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 6th. Royal Bank Of Canada dropped their price objective on shares of Invitation Home from $33.00 to $32.00 and set a “sector perform” rating on the stock in a research report on Friday. Finally, Evercore ISI dropped their price objective on shares of Invitation Home from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Friday. Nine investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.78.

Invitation Home Trading Down 0.9%

NYSE INVH opened at $28.17 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.03. The firm’s fifty day moving average price is $29.31 and its 200 day moving average price is $31.55. The company has a market capitalization of $17.27 billion, a price-to-earnings ratio of 29.65, a price-to-earnings-growth ratio of 2.81 and a beta of 0.81. Invitation Home has a 12 month low of $27.38 and a 12 month high of $35.80.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. The firm had revenue of $688.17 million during the quarter, compared to analysts’ expectations of $679.41 million. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. Invitation Home’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, sell-side analysts expect that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, September 25th. Invitation Home’s dividend payout ratio (DPR) is 122.11%.

Invitation Home Company Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.