Invitation Home $INVH Shares Sold by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. lessened its position in shares of Invitation Home (NYSE:INVH) by 13.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 203,826 shares of the company’s stock after selling 32,818 shares during the quarter. Washington Trust Advisors Inc.’s holdings in Invitation Home were worth $6,158,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in INVH. Clearstead Trust LLC acquired a new position in shares of Invitation Home in the 2nd quarter valued at $28,000. Caitong International Asset Management Co. Ltd lifted its position in Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares during the last quarter. Raiffeisen Bank International AG boosted its stake in Invitation Home by 174.5% in the second quarter. Raiffeisen Bank International AG now owns 1,301 shares of the company’s stock valued at $40,000 after acquiring an additional 827 shares in the last quarter. Prosperity Bancshares Inc acquired a new position in Invitation Home in the fourth quarter valued at $42,000. Finally, AdvisorNet Financial Inc grew its holdings in shares of Invitation Home by 7,687.5% during the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after purchasing an additional 1,845 shares during the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on INVH. Mizuho boosted their target price on Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. UBS Group raised their price target on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Keefe, Bruyette & Woods boosted their price objective on Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research note on Wednesday, August 5th. Compass Point raised Invitation Home to a “hold” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. raised their target price on shares of Invitation Home from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 25th. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and a consensus target price of $32.53.

Invitation Home Stock Performance

Shares of INVH stock opened at $28.38 on Monday. The stock has a market capitalization of $16.76 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 4.05 and a beta of 0.83. Invitation Home has a 52-week low of $24.25 and a 52-week high of $30.89. The stock’s 50-day moving average price is $29.90 and its 200 day moving average price is $28.21. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44.

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 return on equity of 7.22% and a net margin of 23.13%.The company had revenue of $747.55 million during the quarter, compared to analysts’ expectations of $731.13 million. During the same period last year, the firm earned $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. As a group, equities research analysts forecast that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio is 110.09%.

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.