Andra AP fonden Grows Stake in Invitation Home $INVH

Andra AP fonden boosted its stake in Invitation Home (NYSE:INVHFree Report) by 262.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 437,600 shares of the company’s stock after buying an additional 316,900 shares during the quarter. Andra AP fonden’s holdings in Invitation Home were worth $12,835,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of INVH. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Invitation Home by 1.3% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,563,587 shares of the company’s stock valued at $45,860,000 after acquiring an additional 19,926 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Invitation Home by 258.9% during the third quarter. Intech Investment Management LLC now owns 99,729 shares of the company’s stock worth $2,925,000 after purchasing an additional 71,942 shares in the last quarter. TD Asset Management Inc raised its stake in Invitation Home by 0.6% in the 3rd quarter. TD Asset Management Inc now owns 213,565 shares of the company’s stock valued at $6,264,000 after purchasing an additional 1,199 shares during the last quarter. Greenland Capital Management LP purchased a new position in Invitation Home in the 3rd quarter valued at $1,056,000. Finally, Mufg Securities Americas Inc. boosted its stake in Invitation Home by 20.4% during the 3rd quarter. Mufg Securities Americas Inc. now owns 15,208 shares of the company’s stock worth $446,000 after purchasing an additional 2,575 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Invitation Home Stock Up 0.0%

NYSE:INVH opened at $26.31 on Friday. Invitation Home has a 52 week low of $25.21 and a 52 week high of $35.80. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44. The stock’s fifty day moving average is $26.84 and its two-hundred day moving average is $28.13. The stock has a market capitalization of $16.03 billion, a price-to-earnings ratio of 27.41, a price-to-earnings-growth ratio of 2.84 and a beta of 0.83.

Invitation Home (NYSE:INVHGet Free Report) last posted its earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (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 analyst estimates of $683.00 million. Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.Invitation Home’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts anticipate that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors 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 4.6%. The ex-dividend date of this dividend was Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s payout ratio is currently 125.00%.

Analysts Set New Price Targets

INVH has been the topic of a number of recent research reports. Oppenheimer lowered their price target on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research report on Tuesday. Citizens Jmp lowered their target price on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Keefe, Bruyette & Woods dropped their price target on Invitation Home from $31.00 to $28.00 and set a “market perform” rating for the company in a research report on Wednesday. Bank of America cut their price target on Invitation Home from $37.00 to $36.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Finally, Scotiabank lowered their price objective on Invitation Home from $31.00 to $28.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 14th. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Invitation Home has an average rating of “Moderate Buy” and a consensus price target of $33.35.

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Key Headlines Impacting Invitation Home

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About Invitation Home

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invitation Home (NYSE:INVH)

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