Daiwa Securities Group Inc. lessened its stake in Invitation Home (NYSE:INVH – Free Report) by 32.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,760,152 shares of the company’s stock after selling 4,727,451 shares during the period. Invitation Home accounts for about 0.9% of Daiwa Securities Group Inc.’s holdings, making the stock its 23rd biggest position. Daiwa Securities Group Inc. owned approximately 1.59% of Invitation Home worth $271,234,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Invitation Home in the 4th quarter valued at about $1,438,952,000. State Street Corp increased its position in Invitation Home by 1.3% during the 3rd quarter. State Street Corp now owns 36,621,403 shares of the company’s stock worth $1,084,514,000 after purchasing an additional 462,379 shares during the period. Geode Capital Management LLC increased its position in Invitation Home by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock worth $468,997,000 after purchasing an additional 203,474 shares during the period. Invesco Ltd. increased its position in Invitation Home by 7.5% during the 3rd quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock worth $370,227,000 after purchasing an additional 877,491 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Invitation Home by 28.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,884,278 shares of the company’s stock worth $201,920,000 after purchasing an additional 1,516,886 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.
Analysts Set New Price Targets
Several research firms have issued reports on INVH. Keefe, Bruyette & Woods boosted their target price on Invitation Home from $28.00 to $29.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Citigroup dropped their target price on Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Raymond James Financial upgraded 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, Cfra cut Invitation Home from a “hold” rating to a “sell” rating and dropped their target price for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and an average price target of $31.50.
Invitation Home Stock Performance
INVH opened at $29.50 on Friday. The stock has a market cap of $17.52 billion, a P/E ratio of 31.05, a P/E/G ratio of 3.41 and a beta of 0.85. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The stock’s 50 day simple moving average is $27.48 and its 200 day simple moving average is $27.00. Invitation Home has a 1-year low of $24.25 and a 1-year high of $34.25.
Invitation Home (NYSE:INVH – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.92 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities analysts anticipate that Invitation Home will post 1.89 EPS for the current fiscal year.
Invitation Home Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were issued a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio is currently 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.
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