Invitation Home $INVH Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its holdings in Invitation Home (NYSE:INVH) by 0.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,994,475 shares of the company’s stock after selling 20,729 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invitation Home were worth $74,413,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cromwell Holdings LLC lifted its position in shares of Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after buying an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position 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 acquiring an additional 1,360 shares during the period. Prosperity Bancshares Inc purchased a new position in Invitation Home during the fourth quarter valued at $42,000. AdvisorNet Financial Inc lifted its holdings in Invitation Home by 7,687.5% during the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after purchasing an additional 1,845 shares in the last quarter. Finally, Aventus Investment Advisors Inc. acquired a new stake in shares of Invitation Home in the first quarter valued at about $50,000. 96.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on INVH shares. Scotiabank boosted their target price on shares of Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Wall Street Zen raised shares of Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Mizuho lifted their price objective on Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. Wells Fargo & Company upgraded Invitation Home from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $31.00 to $33.00 in a research note on Wednesday, June 24th. Finally, Barclays increased their target price on Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $32.47.

Invitation Home Trading Down 0.8%

Shares of INVH opened at $29.83 on Wednesday. Invitation Home has a 52-week low of $24.25 and a 52-week high of $32.67. The stock has a market cap of $17.72 billion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 3.53 and a beta of 0.84. The firm’s fifty day moving average is $29.47 and its two-hundred day moving average is $27.54. 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 (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were issued a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. 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.