Invitation Home $INVH Shares Purchased by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Invitation Home (NYSE:INVH) by 15.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 160,198 shares of the company’s stock after acquiring an additional 21,132 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Invitation Home were worth $5,254,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Horizon Investments LLC increased its holdings in shares of Invitation Home by 5.0% in the first quarter. Horizon Investments LLC now owns 8,182 shares of the company’s stock valued at $285,000 after buying an additional 386 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Invitation Home by 2.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock valued at $561,000 after buying an additional 399 shares in the last quarter. New England Research & Management Inc. increased its holdings in shares of Invitation Home by 0.9% in the second quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock valued at $1,516,000 after buying an additional 400 shares in the last quarter. State of Michigan Retirement System increased its holdings in shares of Invitation Home by 0.3% in the second quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock valued at $5,084,000 after buying an additional 400 shares in the last quarter. Finally, Commerce Bank increased its holdings in shares of Invitation Home by 4.2% in the first quarter. Commerce Bank now owns 10,197 shares of the company’s stock valued at $355,000 after buying an additional 414 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Barclays reduced their price objective on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, August 12th. Wells Fargo & Company reduced their price objective on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Monday, October 13th. Royal Bank Of Canada lowered 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, October 31st. Evercore ISI lowered 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, October 31st. Finally, Mizuho lowered their price objective on shares of Invitation Home from $32.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 21st. Nine analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Invitation Home presently has an average rating of “Moderate Buy” and an average target price of $35.59.

Invitation Home Trading Up 1.0%

NYSE INVH opened at $28.64 on Wednesday. Invitation Home has a twelve month low of $27.38 and a twelve month high of $35.80. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.03 and a current ratio of 0.03. The stock has a market cap of $17.56 billion, a price-to-earnings ratio of 30.15, a PEG ratio of 2.84 and a beta of 0.81. The firm’s 50 day moving average price is $29.22 and its two-hundred day moving average price is $31.48.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. The firm had revenue of $688.17 million for the quarter, compared to analysts’ expectations of $679.41 million. During the same period in the previous year, the company posted $0.47 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. Equities analysts anticipate that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.1%. 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.