Whittier Trust Co. Sells 25,215 Shares of Invitation Home $INVH

Whittier Trust Co. lowered its holdings in shares of Invitation Home (NYSE:INVH) by 41.8% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,143 shares of the company’s stock after selling 25,215 shares during the period. Whittier Trust Co.’s holdings in Invitation Home were worth $895,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of INVH. Norges Bank acquired a new stake in Invitation Home in the fourth quarter valued at about $1,438,952,000. UBS Group AG lifted its holdings in shares of Invitation Home by 101.4% in the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock worth $145,966,000 after acquiring an additional 2,505,909 shares during the last quarter. Amundi boosted its stake in shares of Invitation Home by 169.0% in the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after purchasing an additional 2,071,407 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Invitation Home by 79.6% in the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock valued at $125,737,000 after purchasing an additional 2,004,728 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Invitation Home by 53.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock valued at $149,441,000 after purchasing an additional 1,884,188 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. 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. Barclays raised their target price on shares of Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Compass Point initiated coverage on shares of Invitation Home in a report on Tuesday, April 28th. They set a “neutral” rating and a $30.00 price target for the company. Cfra cut Invitation Home from a “hold” rating to a “sell” rating and dropped their price target for the company from $29.00 to $27.00 in a research note on Wednesday, May 27th. Finally, Wall Street Zen raised Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Invitation Home has an average rating of “Hold” and an average price target of $32.11.

Invitation Home Trading Up 0.6%

INVH opened at $30.20 on Wednesday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $32.67. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a market capitalization of $17.94 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 3.52 and a beta of 0.84. The company’s 50 day moving average price is $29.18 and its two-hundred day moving average price is $27.36.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. The firm had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, research analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

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.