Commerzbank Aktiengesellschaft FI bought a new position in Invitation Home (NYSE:INVH – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 34,435 shares of the company’s stock, valued at approximately $1,040,000.
Several other institutional investors have also recently added to or reduced their stakes in INVH. AQR Capital Management LLC grew its position in shares of Invitation Home by 67.4% during the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after buying an additional 29,962 shares during the period. Empowered Funds LLC grew its holdings in Invitation Home by 10.7% in the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after purchasing an additional 1,290 shares during the period. Sivia Capital Partners LLC acquired a new stake in Invitation Home in the second quarter worth $287,000. Cetera Investment Advisers increased its stake in Invitation Home by 8.5% in the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock valued at $637,000 after purchasing an additional 1,528 shares in the last quarter. Finally, Cresset Asset Management LLC increased its stake in Invitation Home by 5.5% in the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock valued at $515,000 after purchasing an additional 809 shares in the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
INVH has been the topic of a number of research analyst reports. Weiss Ratings raised shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Citigroup reaffirmed a “buy” rating on shares of Invitation Home in a research report on Thursday, August 6th. Cfra downgraded Invitation Home from a “hold” rating to a “sell” rating and dropped their price target for the stock from $29.00 to $27.00 in a research note on Wednesday, May 27th. Royal Bank Of Canada increased their price target on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Finally, Barclays increased their price target on Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Ten equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $32.68.
Invitation Home Stock Performance
INVH opened at $29.77 on Wednesday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. The company’s fifty day moving average price is $29.82 and its two-hundred day moving average price is $27.95. Invitation Home has a 1-year low of $24.25 and a 1-year high of $31.38. The company has a market cap of $17.58 billion, a price-to-earnings ratio of 27.31, a PEG ratio of 4.33 and a beta of 0.83.
Invitation Home (NYSE:INVH – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The firm had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.
Invitation Home Dividend Announcement
The firm 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio is currently 110.09%.
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.
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