Invitation Home $INVH Stake Boosted by Geode Capital Management LLC

Geode Capital Management LLC increased its position in shares of Invitation Home (NYSE:INVH) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 16,934,620 shares of the company’s stock after purchasing an additional 203,474 shares during the period. Geode Capital Management LLC’s holdings in Invitation Home were worth $468,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in INVH. Hantz Financial Services Inc. lifted its stake in Invitation Home by 1,695.2% during the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Invitation Home by 59.1% during 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 lifted its stake in Invitation Home by 2,463.5% during 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 lifted its stake in Invitation Home by 136,000.0% during the third 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 last quarter. Finally, Avalon Trust Co bought a new position in Invitation Home during the third quarter worth $53,000. 96.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

INVH has been the topic of several research analyst reports. Morgan Stanley reduced their price objective 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. Wall Street Zen upgraded Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Cfra cut Invitation Home from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $29.00 to $27.00 in a research note on Wednesday. Royal Bank Of Canada raised their price objective 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. Finally, Citizens Jmp reduced their price objective 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. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $31.33.

Invitation Home Trading Up 0.0%

Invitation Home stock opened at $29.25 on Monday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average price of $27.13 and a two-hundred day moving average price of $26.99. The firm has a market capitalization of $17.38 billion, a price-to-earnings ratio of 30.79, a PEG ratio of 3.44 and a beta of 0.85. Invitation Home has a 52-week low of $24.25 and a 52-week high of $34.25.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS 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 company had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.92 million. During the same quarter last year, the business earned $0.48 earnings per share. Invitation Home’s revenue 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. Sell-side analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

Invitation Home 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.