Parallax Volatility Advisers L.P. Takes Position in Invitation Home $INVH

Parallax Volatility Advisers L.P. bought a new stake in shares of Invitation Home (NYSE:INVH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 44,743 shares of the company’s stock, valued at approximately $1,352,000.

Several other institutional investors have also bought and sold shares of the stock. Clearstead Trust LLC purchased a new stake in Invitation Home in the 2nd quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after acquiring an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in shares of Invitation Home in the fourth quarter valued at about $42,000. AdvisorNet Financial Inc raised its holdings in shares of Invitation Home by 7,687.5% in the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after purchasing an additional 1,845 shares during the last quarter. Finally, Essential Partners LLC lifted its position in shares of Invitation Home by 353.7% during the first quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock valued at $47,000 after purchasing an additional 1,468 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on INVH shares. Keefe, Bruyette & Woods boosted their price target on shares of Invitation Home from $29.00 to $31.00 and gave the stock a “market perform” rating in a report on Wednesday, August 5th. Scotiabank boosted their target price on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Citigroup reaffirmed a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on Invitation Home from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $31.00 to $33.00 in a research report on Wednesday, June 24th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $32.53.

Invitation Home Stock Down 0.9%

Shares of NYSE INVH opened at $29.95 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. The stock has a market capitalization of $17.69 billion, a PE ratio of 27.48, a P/E/G ratio of 4.32 and a beta of 0.83. Invitation Home has a one year low of $24.25 and a one year high of $31.33. The business’s fifty day moving average price is $29.93 and its 200-day moving average price is $28.11.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.34. The company had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts anticipate that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid a dividend of $0.30 per share. 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 presently 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.