30,885 Shares in Invitation Home $INVH Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp purchased a new stake in shares of Invitation Home (NYSE:INVH) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 30,885 shares of the company’s stock, valued at approximately $933,000.

Several other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings 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 acquiring an additional 29,962 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Invitation Home by 10.7% in the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after purchasing an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Invitation Home in the second quarter valued at $287,000. Cetera Investment Advisers increased its position in Invitation Home by 8.5% in the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $637,000 after purchasing an additional 1,528 shares during the last quarter. Finally, Cresset Asset Management LLC increased its position in Invitation Home by 5.5% in the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after purchasing an additional 809 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

INVH stock opened at $29.23 on Friday. Invitation Home has a 12 month low of $24.25 and a 12 month high of $31.33. 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 has a 50-day moving average price of $29.95 and a 200 day moving average price of $28.13. The stock has a market cap of $17.26 billion, a PE ratio of 26.81, a P/E/G ratio of 4.27 and a beta of 0.83.

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

Invitation Home Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. Invitation Home’s payout ratio is presently 110.09%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on INVH. Scotiabank upped their price target on shares of Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Royal Bank Of Canada lifted their price objective on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Evercore restated an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a report on Friday, May 1st. Keefe, Bruyette & Woods increased their price target on shares of Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a report on Wednesday, August 5th. Finally, Mizuho increased their price target on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $32.53.

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.