Greenland Capital Management LP Takes Position in Invitation Home $INVH

Greenland Capital Management LP acquired a new stake in shares of Invitation Home (NYSE:INVH) during the third quarter, HoldingsChannel.com reports. The firm acquired 36,000 shares of the company’s stock, valued at approximately $1,056,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State of Michigan Retirement System lifted its position in Invitation Home by 0.3% in the second quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock worth $5,084,000 after buying an additional 400 shares during the last quarter. Carnegie Lake Advisors LLC raised its stake in shares of Invitation Home by 1.2% in the third quarter. Carnegie Lake Advisors LLC now owns 33,776 shares of the company’s stock valued at $991,000 after acquiring an additional 400 shares during the period. Virtus Investment Advisers LLC raised its stake in shares of Invitation Home by 9.0% in the second quarter. Virtus Investment Advisers LLC now owns 5,086 shares of the company’s stock valued at $167,000 after acquiring an additional 422 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Invitation Home by 11.8% in the 2nd quarter. Rothschild Investment LLC now owns 4,127 shares of the company’s stock worth $135,000 after acquiring an additional 436 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Invitation Home by 12.3% during the 3rd quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock worth $119,000 after purchasing an additional 446 shares during the period. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Up 1.4%

Shares of NYSE:INVH opened at $25.64 on Tuesday. The company has a market capitalization of $15.63 billion, a PE ratio of 26.71, a P/E/G ratio of 2.77 and a beta of 0.83. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. Invitation Home has a 12-month low of $25.23 and a 12-month high of $35.80. The business’s fifty day simple moving average is $26.94 and its 200-day simple moving average is $28.21.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.21). The firm had revenue of $685.25 million for the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities research analysts predict that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.7%. The ex-dividend date was Tuesday, December 23rd. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio (DPR) is presently 125.00%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Morgan Stanley decreased their price objective on shares of Invitation Home from $35.00 to $34.00 and set an “equal weight” rating for the company in a research note on Thursday, November 13th. Bank of America reduced their price target on Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. Mizuho restated a “neutral” rating and set a $27.00 price objective (down previously from $30.00) on shares of Invitation Home in a report on Thursday, January 8th. Scotiabank cut their price objective on Invitation Home from $31.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 14th. Finally, UBS Group set a $40.00 target price on Invitation Home in a research report on Wednesday, January 21st. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Invitation Home has a consensus rating of “Moderate Buy” and an average target price of $34.38.

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.