Eurizon Capital SGR S.p.A. acquired a new stake in Invitation Home (NYSE:INVH – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,139 shares of the company’s stock, valued at approximately $671,000.
A number of other institutional investors also recently modified their holdings of INVH. Aurora Investment Managers LLC. acquired a new position in shares of Invitation Home during the 4th quarter valued at $2,740,000. NEOS Investment Management LLC lifted its position in shares of Invitation Home by 67.6% during the 3rd quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock valued at $3,802,000 after acquiring an additional 52,296 shares during the period. Swiss Life Asset Management Ltd lifted its position in shares of Invitation Home by 189.8% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock valued at $4,056,000 after acquiring an additional 90,554 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of Invitation Home during the 3rd quarter valued at $1,549,000. Finally, Tudor Investment Corp ET AL lifted its position in shares of Invitation Home by 570.5% during the 3rd quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock valued at $3,842,000 after acquiring an additional 111,461 shares during the period. 96.79% of the stock is owned by institutional investors.
Invitation Home Stock Performance
INVH opened at $29.02 on Thursday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. The company’s fifty day moving average price is $27.39 and its two-hundred day moving average price is $27.00. Invitation Home has a 1-year low of $24.25 and a 1-year high of $34.25. The company has a market cap of $17.24 billion, a price-to-earnings ratio of 30.54, a PEG ratio of 3.39 and a beta of 0.85.
Invitation Home Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, March 26th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio is presently 126.32%.
Analyst Ratings Changes
INVH has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Scotiabank boosted their target price on shares of Invitation Home from $27.00 to $29.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. Compass Point initiated coverage on shares of Invitation Home in a research report on Tuesday, April 28th. They set a “neutral” rating and a $30.00 target price on the stock. Citizens Jmp dropped their target price on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research report on Friday, February 20th. Finally, Barclays upped their price objective on shares of Invitation Home from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $31.50.
Get Our Latest Stock Report on Invitation Home
About Invitation Home
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.
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