Invitation Home $INVH Shares Bought by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB raised its holdings in Invitation Home (NYSE:INVH) by 49.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,272 shares of the company’s stock after buying an additional 421 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Invitation Home were worth $42,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC lifted its holdings in shares of Invitation Home by 1,313.8% in the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock valued at $32,000 after purchasing an additional 854 shares during the last quarter. GKV Capital Management Co. Inc. purchased a new stake in Invitation Home in the 1st quarter valued at approximately $37,000. Zions Bancorporation National Association UT acquired a new stake in shares of Invitation Home during the 1st quarter worth $40,000. North Capital Inc. purchased a new stake in shares of Invitation Home in the first quarter worth about $41,000. Finally, SVB Wealth LLC purchased a new position in Invitation Home in the first quarter valued at about $58,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Evercore ISI dropped their price target on Invitation Home from $36.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, September 15th. Keefe, Bruyette & Woods reduced their price objective on Invitation Home from $37.00 to $33.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Royal Bank Of Canada decreased their target price on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Wells Fargo & Company cut their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Wednesday, August 27th. Finally, Barclays cut their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, August 12th. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Invitation Home currently has an average rating of “Moderate Buy” and an average price target of $36.47.

Invitation Home Price Performance

Shares of NYSE INVH opened at $29.60 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a fifty-two week low of $29.28 and a fifty-two week high of $36.75. The stock has a market capitalization of $18.15 billion, a PE ratio of 33.64, a P/E/G ratio of 2.96 and a beta of 0.82. The business has a fifty day moving average price of $30.79 and a two-hundred day moving average price of $32.55.

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

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, September 25th will be issued a $0.29 dividend. The ex-dividend date is Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 3.9%. Invitation Home’s payout ratio is currently 131.82%.

About Invitation Home

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.