Hsbc Holdings PLC Cuts Holdings in Invitation Home $INVH

Hsbc Holdings PLC lessened its stake in Invitation Home (NYSE:INVH) by 10.4% in the first quarter, HoldingsChannel reports. The firm owned 2,667,764 shares of the company’s stock after selling 309,918 shares during the period. Hsbc Holdings PLC’s holdings in Invitation Home were worth $66,317,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Resona Asset Management Co. Ltd. boosted its position in Invitation Home by 5.5% in the first quarter. Resona Asset Management Co. Ltd. now owns 342,599 shares of the company’s stock worth $8,492,000 after purchasing an additional 17,797 shares during the last quarter. Praxis Investment Management Inc. purchased a new stake in shares of Invitation Home during the 1st quarter valued at about $386,000. QRG Capital Management Inc. bought a new position in shares of Invitation Home in the 1st quarter worth approximately $262,000. IRON Financial LLC purchased a new position in shares of Invitation Home in the first quarter worth approximately $213,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Invitation Home by 35.4% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 143,535 shares of the company’s stock worth $3,567,000 after buying an additional 37,500 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

NYSE INVH opened at $30.09 on Monday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. Invitation Home has a 12 month low of $24.25 and a 12 month high of $32.67. The stock has a market cap of $17.88 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 3.53 and a beta of 0.84. The company’s 50 day moving average is $29.42 and its two-hundred day moving average is $27.51.

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

Invitation Home Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 4.0%. Invitation Home’s dividend payout ratio is currently 126.32%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on INVH. Royal Bank Of Canada boosted their target price on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. BMO Capital Markets lifted their price target on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a research note on Monday, June 15th. UBS Group boosted their price objective on shares of Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Cfra lowered Invitation Home from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $29.00 to $27.00 in a research note on Wednesday, May 27th. Finally, Jefferies Financial Group raised Invitation Home to a “hold” rating in a report on Friday, June 26th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Invitation Home presently has an average rating of “Hold” and an average target price of $32.47.

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.