Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 37,500 Shares of Invitation Home $INVH

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Invitation Home (NYSE:INVH) by 35.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 143,535 shares of the company’s stock after purchasing an additional 37,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Invitation Home were worth $3,567,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in Invitation Home during the 4th quarter worth $1,438,952,000. UBS Group AG increased its position in Invitation Home by 101.4% during the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock worth $145,966,000 after acquiring an additional 2,505,909 shares during the period. Amundi increased its position in Invitation Home by 169.0% during the third quarter. Amundi now owns 3,296,876 shares of the company’s stock worth $93,038,000 after acquiring an additional 2,071,407 shares during the period. BNP Paribas Financial Markets raised its stake in Invitation Home by 79.6% in the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after purchasing an additional 2,004,728 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Invitation Home by 53.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after purchasing an additional 1,884,188 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. BMO Capital Markets increased their target price on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a research report on Monday, June 15th. Evercore reiterated an “outperform” rating and issued a $32.00 price target on shares of Invitation Home in a research note on Friday, May 1st. Scotiabank raised their price objective 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. UBS Group reduced their target price on Invitation Home from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Finally, Barclays raised their price target on Invitation Home from $31.00 to $32.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $32.11.

Invitation Home Trading Down 1.7%

Shares of Invitation Home stock opened at $30.02 on Tuesday. The firm’s 50 day moving average is $29.12 and its 200 day moving average is $27.34. The firm has a market capitalization of $17.83 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 3.58 and a beta of 0.84. Invitation Home has a 1 year low of $24.25 and a 1 year high of $32.81. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data 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 business had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.91 million. During the same quarter in the prior year, the firm earned $0.48 EPS. The firm’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. Equities research analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Thursday, June 25th. Invitation Home’s dividend payout ratio 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.