Northwestern Mutual Wealth Management Co. Sells 1,864 Shares of Invitation Home $INVH

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of Invitation Home (NYSE:INVH) by 36.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,204 shares of the company’s stock after selling 1,864 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invitation Home were worth $112,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. AlphaQuest LLC boosted its stake in Invitation Home by 5,432.1% during the first quarter. AlphaQuest LLC now owns 14,494 shares of the company’s stock worth $505,000 after acquiring an additional 14,232 shares in the last quarter. 1832 Asset Management L.P. boosted its stake in Invitation Home by 114.5% during the first quarter. 1832 Asset Management L.P. now owns 131,795 shares of the company’s stock worth $4,593,000 after acquiring an additional 70,340 shares in the last quarter. Norinchukin Bank The raised its holdings in Invitation Home by 9.8% in the first quarter. Norinchukin Bank The now owns 55,652 shares of the company’s stock worth $1,939,000 after buying an additional 4,969 shares during the last quarter. Credit Agricole S A raised its holdings in Invitation Home by 8.4% in the first quarter. Credit Agricole S A now owns 164,335 shares of the company’s stock worth $5,727,000 after buying an additional 12,703 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Invitation Home by 2.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock worth $561,000 after buying an additional 399 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of NYSE INVH opened at $30.21 on Friday. The firm has a 50 day moving average of $31.30 and a 200 day moving average of $32.75. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $18.52 billion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 3.03 and a beta of 0.82. Invitation Home has a 12-month low of $29.37 and a 12-month high of $37.24.

Invitation Home (NYSE:INVH) last announced its earnings results on Wednesday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The company had revenue of $681.40 million during the quarter, compared to analyst estimates of $675.01 million. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, research analysts anticipate that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Thursday, June 26th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.8%. The ex-dividend date was Thursday, June 26th. Invitation Home’s payout ratio is 131.82%.

Analyst Ratings Changes

Several research analysts have issued reports on INVH shares. Barclays decreased their target price on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, August 12th. Scotiabank decreased their target price on shares of Invitation Home from $38.00 to $36.00 and set a “sector performer” rating for the company in a report on Thursday, August 28th. Keefe, Bruyette & Woods decreased their target price on shares of Invitation Home from $37.00 to $33.00 and set a “market perform” rating for the company in a report on Wednesday, August 6th. Royal Bank Of Canada decreased their target price on shares of Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Finally, Wells Fargo & Company decreased their target price on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $36.85.

Insider Transactions at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the business’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $33.41, for a total transaction of $4,969,704.09. Following the completion of the sale, the chief executive officer directly owned 642,973 shares in the company, valued at approximately $21,481,727.93. The trade was a 18.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.29% of the company’s stock.

Invitation Home Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.