111 Capital Trims Holdings in Invitation Home $INVH

111 Capital reduced its stake in Invitation Home (NYSE:INVH) by 63.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 12,124 shares of the company’s stock after selling 21,227 shares during the quarter. 111 Capital’s holdings in Invitation Home were worth $337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in INVH. Norges Bank bought a new position in Invitation Home during the 4th quarter valued at approximately $1,438,952,000. UBS Group AG boosted its holdings in Invitation Home by 101.4% in the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock worth $145,966,000 after acquiring an additional 2,505,909 shares in the last quarter. Amundi grew its stake in shares of Invitation Home by 169.0% in the third quarter. Amundi now owns 3,296,876 shares of the company’s stock worth $93,038,000 after acquiring an additional 2,071,407 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Invitation Home by 79.6% in the fourth quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after acquiring an additional 2,004,728 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Invitation Home by 53.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock valued at $149,441,000 after acquiring an additional 1,884,188 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of NYSE INVH opened at $30.06 on Friday. Invitation Home has a 12-month low of $24.25 and a 12-month high of $34.25. The firm has a market capitalization of $17.86 billion, a price-to-earnings ratio of 31.65, a price-to-earnings-growth ratio of 3.53 and a beta of 0.85. 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 firm has a 50 day moving average of $27.58 and a 200 day moving average of $27.03.

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

Invitation Home Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s payout ratio is 126.32%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Invitation Home from $28.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. UBS Group decreased their target price on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. KeyCorp dropped their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Morgan Stanley decreased their price objective on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $31.50.

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.