Lighthouse Investment Partners LLC lessened its position in Invitation Home (NYSE:INVH – Free Report) by 32.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 230,000 shares of the company’s stock after selling 113,000 shares during the period. Lighthouse Investment Partners LLC’s holdings in Invitation Home were worth $6,746,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of INVH. Hantz Financial Services Inc. grew its holdings in Invitation Home by 1,695.2% in the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after purchasing an additional 1,068 shares during the period. Smartleaf Asset Management LLC raised its stake in Invitation Home by 59.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the period. Mather Group LLC. acquired a new position in shares of Invitation Home in the 3rd quarter valued at $42,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Invitation Home during the 2nd quarter valued at $49,000. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Invitation Home by 86.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,693 shares of the company’s stock valued at $50,000 after buying an additional 784 shares during the period. Hedge funds and other institutional investors own 96.79% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have commented on the company. UBS Group set a $40.00 price target on Invitation Home in a research note on Wednesday, January 21st. Raymond James Financial reiterated a “market perform” rating on shares of Invitation Home in a report on Friday, February 27th. Oppenheimer dropped their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Barclays cut their price target on shares of Invitation Home from $33.00 to $31.00 and set an “overweight” rating on the stock in a report on Friday, March 6th. Finally, Citizens Jmp reduced their target price on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Invitation Home has an average rating of “Moderate Buy” and an average price target of $32.88.
Invitation Home Price Performance
Shares of INVH opened at $25.12 on Tuesday. Invitation Home has a 52 week low of $24.87 and a 52 week high of $35.80. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. The firm has a market cap of $15.30 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 2.66 and a beta of 0.83. The stock has a 50 day moving average of $26.47 and a 200-day moving average of $27.72.
Invitation Home (NYSE:INVH – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). The business had revenue of $685.25 million for the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. Invitation Home’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, analysts forecast that Invitation Home will post 1.83 EPS for the current year.
Invitation Home Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, March 26th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $1.20 annualized dividend and a yield of 4.8%. Invitation Home’s payout ratio is presently 125.00%.
About Invitation Home
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.
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