389,550 Shares in Invitation Home $INVH Acquired by Danske Bank A S

Danske Bank A S acquired a new position in shares of Invitation Home (NYSE:INVH) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 389,550 shares of the company’s stock, valued at approximately $11,768,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Invitation Home in the 2nd quarter valued at $1,866,973,000. Norges Bank acquired a new position in Invitation Home in the fourth quarter valued at $1,438,952,000. Deutsche Bank AG purchased a new position in shares of Invitation Home during the second quarter worth about $193,539,000. Rush Island Management LP acquired a new stake in shares of Invitation Home during the first quarter worth about $105,292,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Invitation Home during the second quarter worth about $89,182,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of INVH stock opened at $30.31 on Friday. The stock has a market capitalization of $17.90 billion, a PE ratio of 27.81, a price-to-earnings-growth ratio of 4.31 and a beta of 0.83. Invitation Home has a 52-week low of $24.25 and a 52-week high of $31.38. The stock’s 50-day moving average price is $29.84 and its 200 day moving average price is $28.00. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were given a $0.30 dividend. The ex-dividend date 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 110.09%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings raised Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Scotiabank lifted their price target on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Royal Bank Of Canada boosted their price objective on Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research report on Monday, May 18th. Finally, Compass Point raised shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. 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 MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $32.68.

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.