Sanctuary Advisors LLC Invests $806,000 in Invitation Home $INVH

Sanctuary Advisors LLC acquired a new position in Invitation Home (NYSE:INVH) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,681 shares of the company’s stock, valued at approximately $806,000.

Other institutional investors have also added to or reduced their stakes in the company. M&T Bank Corp acquired a new stake in Invitation Home during the 4th quarter worth $1,756,000. Legal & General Group Plc boosted its stake in Invitation Home by 6.6% in the fourth quarter. Legal & General Group Plc now owns 5,735,955 shares of the company’s stock valued at $159,402,000 after acquiring an additional 355,825 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Invitation Home by 4.6% during the first quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock worth $73,478,000 after purchasing an additional 129,202 shares during the last quarter. Algebris UK Ltd. purchased a new position in shares of Invitation Home during the fourth quarter worth about $15,370,000. Finally, BNP Paribas Financial Markets increased its position in shares of Invitation Home by 79.6% during the fourth quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after purchasing an additional 2,004,728 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors.

Invitation Home Stock Up 0.2%

INVH opened at $29.30 on Friday. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.33. The business has a 50 day moving average price of $29.96 and a two-hundred day moving average price of $28.14. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. The company has a market cap of $17.31 billion, a PE ratio of 26.88, a P/E/G ratio of 4.17 and a beta of 0.83.

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

Invitation Home Announces Dividend

The business also recently declared 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 of this dividend was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is currently 110.09%.

Analyst Ratings Changes

INVH has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods upped their target price on Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Barclays lifted their price target on Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. BMO Capital Markets boosted their price objective on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. UBS Group increased their price objective on Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Ten investment 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. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $32.53.

Invitation Home 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.