BTC Capital Management Inc. Has $5.18 Million Stock Position in Invitation Home $INVH

BTC Capital Management Inc. raised its stake in shares of Invitation Home (NYSE:INVH) by 51.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 208,553 shares of the company’s stock after purchasing an additional 70,611 shares during the period. BTC Capital Management Inc.’s holdings in Invitation Home were worth $5,181,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in Invitation Home in the 4th quarter worth about $1,438,952,000. State Street Corp grew its stake in shares of Invitation Home by 1.3% during the 3rd quarter. State Street Corp now owns 36,621,403 shares of the company’s stock worth $1,084,514,000 after acquiring an additional 462,379 shares during the period. Geode Capital Management LLC increased its stake in shares of Invitation Home by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock worth $468,997,000 after purchasing an additional 203,474 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Invitation Home by 8.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after buying an additional 1,168,113 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Invitation Home by 7.5% in the third quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock valued at $370,227,000 after purchasing an additional 877,491 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

Shares of NYSE INVH opened at $29.62 on Thursday. The company has a 50 day simple moving average of $28.56 and a two-hundred day simple moving average of $27.13. The company has a market capitalization of $17.60 billion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 3.41 and a beta of 0.85. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $33.94. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping 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 business had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.91 million. During the same period in the previous year, the company posted $0.48 earnings per share. The company’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. Analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, June 25th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date is Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. UBS Group reduced their price objective on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. Wells Fargo & Company upgraded Invitation Home from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $31.00 to $33.00 in a research report on Wednesday. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Mizuho lifted their price target on Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 17th. Finally, Morgan Stanley lowered their price objective 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. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $32.11.

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.