Invitation Home $INVH is AlphaCentric Advisors LLC’s 7th Largest Position

AlphaCentric Advisors LLC lowered its holdings in shares of Invitation Home (NYSE:INVH) by 18.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,000 shares of the company’s stock after selling 17,000 shares during the period. Invitation Home accounts for 1.8% of AlphaCentric Advisors LLC’s investment portfolio, making the stock its 7th largest holding. AlphaCentric Advisors LLC’s holdings in Invitation Home were worth $1,814,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. SEB Asset Management AB purchased a new position in Invitation Home in the 1st quarter valued at $2,746,000. Swiss National Bank grew its position in Invitation Home by 7.1% during the first quarter. Swiss National Bank now owns 1,709,116 shares of the company’s stock worth $42,472,000 after buying an additional 113,300 shares during the period. Heartland Bank & Trust Co acquired a new stake in shares of Invitation Home in the 1st quarter worth approximately $296,000. Assetmark Inc. grew its holdings in Invitation Home by 36.8% in the first quarter. Assetmark Inc. now owns 8,032 shares of the company’s stock valued at $200,000 after purchasing an additional 2,160 shares during the last quarter. Finally, Bessemer Group Inc. grew its stake in Invitation Home by 1.8% in the 1st quarter. Bessemer Group Inc. now owns 132,469 shares of the company’s stock valued at $3,291,000 after acquiring an additional 2,353 shares during the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on INVH. Keefe, Bruyette & Woods raised their price target 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. UBS Group boosted their target price on shares of Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Scotiabank upped their price target on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Wells Fargo & Company raised shares of Invitation Home from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $31.00 to $33.00 in a research report on Wednesday, June 24th. Finally, BMO Capital Markets raised their target price on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $32.47.

Invitation Home Trading Down 0.1%

Shares of NYSE INVH opened at $30.09 on Monday. The stock’s 50 day moving average price is $29.42 and its two-hundred day moving average price is $27.51. Invitation Home has a 52-week low of $24.25 and a 52-week high of $32.67. The stock has a market capitalization of $17.88 billion, a P/E ratio of 31.68, a PEG ratio of 3.53 and a beta of 0.84. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $689.91 million. During the same quarter in the previous year, the firm earned $0.48 earnings per share. The firm’s revenue for the quarter 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, analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Invitation Home’s payout ratio 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.