The Manufacturers Life Insurance Company Makes New Investment in Invitation Home $INVH

The Manufacturers Life Insurance Company bought a new position in Invitation Home (NYSE:INVH) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 301,739 shares of the company’s stock, valued at approximately $9,116,000.

Other large investors have also recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its position in shares of Invitation Home by 2.4% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock valued at $563,000 after buying an additional 484 shares during the period. LPL Financial LLC lifted its holdings in Invitation Home by 0.7% in the fourth quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock worth $2,047,000 after buying an additional 503 shares during the period. Commonwealth Equity Services LLC boosted its position in Invitation Home by 5.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company’s stock valued at $294,000 after acquiring an additional 516 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invitation Home by 21.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock worth $93,000 after acquiring an additional 564 shares during the period. Finally, SCS Capital Management LLC grew its holdings in shares of Invitation Home by 3.4% during the 4th quarter. SCS Capital Management LLC now owns 17,908 shares of the company’s stock worth $498,000 after acquiring an additional 582 shares during the period. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

INVH stock opened at $29.30 on Friday. The firm has a 50 day moving average price of $29.96 and a 200-day moving average price of $28.14. Invitation Home has a 52-week low of $24.25 and a 52-week high of $31.33. The firm has a market capitalization of $17.31 billion, a price-to-earnings ratio of 26.88, a PEG ratio of 4.17 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $731.13 million. During the same quarter in the prior year, the business posted $0.48 EPS. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Equities research analysts forecast that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s payout ratio is 110.09%.

Wall Street Analyst Weigh In

INVH has been the subject of a number of research analyst reports. Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research note on Monday, May 18th. Mizuho upped their price target on Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. UBS Group increased their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Oppenheimer raised their price objective on Invitation Home from $31.00 to $33.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Citigroup restated a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Invitation Home currently has an average rating of “Hold” and a consensus target price of $32.53.

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.