BNP Paribas Financial Markets Purchases 2,004,728 Shares of Invitation Home $INVH

BNP Paribas Financial Markets grew its position in Invitation Home (NYSE:INVH) by 79.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,524,553 shares of the company’s stock after acquiring an additional 2,004,728 shares during the period. BNP Paribas Financial Markets’ holdings in Invitation Home were worth $125,737,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Assetmark Inc. raised its stake in shares of Invitation Home by 12.3% in the third quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock valued at $119,000 after acquiring an additional 446 shares during the last quarter. Clearstead Advisors LLC raised its position in Invitation Home by 24.9% in the 3rd quarter. Clearstead Advisors LLC now owns 2,255 shares of the company’s stock worth $66,000 after purchasing an additional 450 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Invitation Home by 59.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Invitation Home by 2.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock worth $563,000 after purchasing an additional 484 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Invitation Home by 21.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock worth $93,000 after purchasing an additional 564 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INVH. Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research report on Monday, May 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Invitation Home in a research report on Friday, March 27th. Compass Point began coverage on shares of Invitation Home in a research report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price objective for the company. Citizens Jmp dropped their price objective on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating for the company in a research report on Friday, February 20th. Finally, Barclays boosted their price objective on shares of Invitation Home from $31.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $31.33.

Invitation Home Stock Performance

Shares of Invitation Home stock opened at $29.25 on Monday. The firm has a fifty day moving average of $27.13 and a two-hundred day moving average of $26.99. The stock has a market capitalization of $17.38 billion, a price-to-earnings ratio of 30.79, a PEG ratio of 3.44 and a beta of 0.85. Invitation Home has a 52 week low of $24.25 and a 52 week high of $34.25. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.92 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities research analysts predict that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, March 26th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s payout ratio is 126.32%.

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.