OP Asset Management Ltd Takes Position in Invitation Home $INVH

OP Asset Management Ltd purchased a new position in shares of Invitation Home (NYSE:INVH) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 58,637 shares of the company’s stock, valued at approximately $1,457,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in INVH. Norges Bank acquired a new stake in Invitation Home in the fourth quarter valued at $1,438,952,000. UBS Group AG grew its holdings in Invitation Home by 101.4% during the 3rd 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 holdings in Invitation Home by 169.0% during the 3rd 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 in the last quarter. BNP Paribas Financial Markets increased its position in shares of Invitation Home by 79.6% in the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after purchasing an additional 2,004,728 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Invitation Home by 53.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after purchasing an additional 1,884,188 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on INVH shares. Evercore reaffirmed an “outperform” rating and set a $32.00 price target on shares of Invitation Home in a research report on Friday, May 1st. Compass Point assumed coverage on Invitation Home in a report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price objective for the company. Barclays upped their price objective on Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Scotiabank increased their target price on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. Finally, Wall Street Zen upgraded Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Invitation Home currently has a consensus rating of “Hold” and an average target price of $32.11.

Invitation Home Trading Up 0.3%

NYSE INVH opened at $30.54 on Tuesday. Invitation Home has a one year low of $24.25 and a one year high of $33.21. The company has a 50-day simple moving average of $28.79 and a 200-day simple moving average of $27.21. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The firm has a market capitalization of $18.14 billion, a PE ratio of 32.15, a price-to-earnings-growth ratio of 3.57 and a beta of 0.85.

Invitation Home (NYSE:INVH) last released its quarterly earnings data 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 firm had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.91 million. During the same quarter in the prior year, the business earned $0.48 earnings per share. Invitation Home’s quarterly revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, June 25th. Invitation Home’s dividend payout ratio is presently 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.