Invitation Home $INVH Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its holdings in shares of Invitation Home (NYSE:INVH) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,015,204 shares of the company’s stock after selling 250,767 shares during the period. Bank of New York Mellon Corp’s holdings in Invitation Home were worth $83,793,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Aurora Investment Managers LLC. acquired a new position in shares of Invitation Home during the fourth quarter worth $2,740,000. NEOS Investment Management LLC increased its position in shares of Invitation Home by 67.6% during the third quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock worth $3,802,000 after purchasing an additional 52,296 shares in the last quarter. Swiss Life Asset Management Ltd increased its position in shares of Invitation Home by 189.8% during the third quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock worth $4,056,000 after purchasing an additional 90,554 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Invitation Home during the third quarter worth $1,549,000. Finally, Tudor Investment Corp ET AL increased its position in shares of Invitation Home by 570.5% during the third quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock worth $3,842,000 after purchasing an additional 111,461 shares in the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on INVH shares. Morgan Stanley reduced their price target on 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. Wells Fargo & Company upped their target price on Invitation Home from $28.00 to $31.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Compass Point started coverage on Invitation Home in a research report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 target price on the stock. UBS Group cut their target price on Invitation Home from $35.00 to $32.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Finally, Mizuho cut their target price on Invitation Home from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Nine 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $31.50.

Invitation Home Price Performance

NYSE INVH opened at $29.37 on Tuesday. The stock’s fifty day moving average price is $27.67 and its 200 day moving average price is $27.03. The company has a market cap of $17.44 billion, a price-to-earnings ratio of 30.91, a PEG ratio of 3.53 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. Invitation Home has a 1 year low of $24.25 and a 1 year high of $34.25.

Invitation Home (NYSE:INVH) last announced 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. The company had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.92 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the firm earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, equities research analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, March 26th. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Invitation Home Company 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.