KBC Group NV Sells 31,035 Shares of Invitation Home $INVH

KBC Group NV trimmed its holdings in shares of Invitation Home (NYSE:INVH) by 23.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,792 shares of the company’s stock after selling 31,035 shares during the period. KBC Group NV’s holdings in Invitation Home were worth $2,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of INVH. AQR Capital Management LLC lifted its stake in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after acquiring an additional 29,962 shares during the last quarter. Empowered Funds LLC grew its position in Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after acquiring an additional 1,290 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Invitation Home during the 2nd quarter worth approximately $287,000. Cetera Investment Advisers increased its stake in Invitation Home by 8.5% in the 2nd 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 period. Finally, Cresset Asset Management LLC increased its stake in Invitation Home by 5.5% in the 2nd 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 period. 96.79% of the stock is owned by institutional investors.

Invitation Home Trading Up 1.1%

INVH opened at $29.77 on Friday. The business has a 50 day simple moving average of $29.55 and a two-hundred day simple moving average of $27.58. The firm has a market capitalization of $17.68 billion, a price-to-earnings ratio of 31.33, a PEG ratio of 3.45 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a one year low of $24.25 and a one year high of $32.27.

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

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

Analyst Ratings Changes

INVH has been the subject of a number of analyst reports. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research note on Monday, May 18th. Cfra downgraded shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their target price for the stock from $29.00 to $27.00 in a research note on Wednesday, May 27th. Compass Point upgraded shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Scotiabank increased 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 report on Thursday, June 18th. Finally, Jefferies Financial Group raised shares of Invitation Home to a “hold” rating in a research report on Wednesday. Ten investment 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. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $32.47.

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.