Centersquare Investment Management LLC Boosts Stake in Invitation Home $INVH

Centersquare Investment Management LLC boosted its stake in Invitation Home (NYSE:INVH) by 2.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,552,879 shares of the company’s stock after buying an additional 177,494 shares during the quarter. Invitation Home makes up about 1.8% of Centersquare Investment Management LLC’s holdings, making the stock its 18th biggest position. Centersquare Investment Management LLC owned about 1.07% of Invitation Home worth $182,105,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Assetmark Inc. lifted its stake in Invitation Home by 12.3% in the 3rd quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock valued at $119,000 after buying an additional 446 shares in the last quarter. Clearstead Advisors LLC lifted its stake in shares of Invitation Home by 24.9% during 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 period. Smartleaf Asset Management LLC lifted its stake in shares of Invitation Home by 59.1% during 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 period. Sequoia Financial Advisors LLC lifted its stake in shares of Invitation Home by 2.4% during 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 period. Finally, LPL Financial LLC lifted its stake in shares of Invitation Home by 0.7% during the 4th quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock worth $2,047,000 after purchasing an additional 503 shares during the period. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Down 0.8%

Shares of INVH opened at $29.48 on Friday. 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 market capitalization of $17.51 billion, a P/E ratio of 31.03, a price-to-earnings-growth ratio of 3.49 and a beta of 0.85. The stock’s fifty day simple moving average is $27.97 and its 200 day simple moving average is $27.07. Invitation Home has a twelve month low of $24.25 and a twelve month high of $34.25.

Invitation Home (NYSE:INVH) last issued its 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 business had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.92 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period last year, the company posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities research analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on INVH. Citizens Jmp reduced their price target on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Royal Bank Of Canada increased their price target on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Weiss Ratings raised Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Keefe, Bruyette & Woods increased their price target on Invitation Home from $28.00 to $29.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Finally, 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 note on Monday, March 9th. Nine investment 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 MarketBeat.com, Invitation Home has a consensus rating of “Hold” and an average target price of $31.50.

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.