Employees Retirement System of Texas Acquires New Shares in Invitation Home $INVH

Employees Retirement System of Texas acquired a new position in Invitation Home (NYSE:INVH) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 42,000 shares of the company’s stock, valued at approximately $1,167,000.

Other hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. grew its stake in shares of Invitation Home by 1,695.2% in the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after acquiring an additional 1,068 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Invitation Home by 59.1% in the third 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 last quarter. Cromwell Holdings LLC boosted its holdings in Invitation Home by 2,463.5% in the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after purchasing an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after purchasing an additional 1,360 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in Invitation Home in the 2nd quarter worth approximately $55,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

Shares of Invitation Home stock opened at $29.39 on Thursday. 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 has a 52 week low of $24.25 and a 52 week high of $34.25. The stock’s 50-day simple moving average is $26.97 and its 200-day simple moving average is $26.97. The company has a market capitalization of $17.46 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 3.46 and a beta of 0.85.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The company had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.92 million. During the same quarter last year, the company earned $0.48 EPS. The firm’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. As a group, analysts expect that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, March 26th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, March 26th. Invitation Home’s payout ratio is 126.32%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Evercore reissued an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a report on Friday, May 1st. Scotiabank raised their target price on Invitation Home from $27.00 to $29.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. Compass Point started coverage on Invitation Home in a research report on Tuesday, April 28th. They set a “neutral” rating and a $30.00 target price on the stock. Cfra lowered Invitation Home to a “sell” rating and set a $27.00 price target for the company. in a report on Wednesday. Finally, Mizuho reduced their price target on Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Nine research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $31.33.

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.