Northwestern Mutual Wealth Management Co. Purchases 198,389 Shares of Invitation Home $INVH

Northwestern Mutual Wealth Management Co. raised its position in shares of Invitation Home (NYSE:INVH) by 6,256.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,560 shares of the company’s stock after acquiring an additional 198,389 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invitation Home were worth $5,601,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. CIBC Asset Management Inc boosted its holdings in Invitation Home by 446.4% during the third quarter. CIBC Asset Management Inc now owns 452,675 shares of the company’s stock valued at $13,277,000 after acquiring an additional 369,831 shares during the period. Aurora Investment Managers LLC. bought a new stake in Invitation Home during the fourth quarter valued at about $2,740,000. NEOS Investment Management LLC boosted its holdings in Invitation Home by 67.6% during the third quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock valued at $3,802,000 after acquiring an additional 52,296 shares during the period. Swiss Life Asset Management Ltd boosted its holdings in Invitation Home by 189.8% during the third quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock valued at $4,056,000 after acquiring an additional 90,554 shares during the period. Finally, Jefferies Financial Group Inc. bought a new stake in Invitation Home during the third quarter valued at about $1,549,000. 96.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on INVH shares. Barclays increased their target price on shares of Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Royal Bank Of Canada increased their target price on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Wells Fargo & Company reduced their target price on shares of Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. Morgan Stanley reduced their target price on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Monday, March 9th. Finally, Evercore reiterated an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a research note on Friday, May 1st. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $31.59.

Invitation Home Stock Up 1.1%

NYSE INVH opened at $29.34 on Friday. 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 50-day simple moving average of $26.71 and a 200 day simple moving average of $26.96. Invitation Home has a twelve month low of $24.25 and a twelve month high of $34.25. The stock has a market cap of $17.43 billion, a PE ratio of 30.88, a PEG ratio of 3.44 and a beta of 0.85.

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

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders 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 yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

About Invitation Home

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.