Mutual of America Capital Management LLC Sells 882 Shares of Invitation Home $INVH

Mutual of America Capital Management LLC reduced its position in Invitation Home (NYSE:INVH) by 1.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,370 shares of the company’s stock after selling 882 shares during the period. Mutual of America Capital Management LLC’s holdings in Invitation Home were worth $2,144,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Harbor Capital Advisors Inc. purchased a new stake in shares of Invitation Home during the 2nd quarter valued at $30,000. Larson Financial Group LLC grew its stake in shares of Invitation Home by 1,313.8% during the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock worth $32,000 after acquiring an additional 854 shares during the period. GKV Capital Management Co. Inc. bought a new position in shares of Invitation Home during the 1st quarter worth $37,000. Zions Bancorporation National Association UT bought a new position in Invitation Home in the 1st quarter worth about $40,000. Finally, North Capital Inc. bought a new position in Invitation Home in the 1st quarter worth about $41,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on INVH shares. Scotiabank dropped their price target on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating for the company in a research report on Thursday, August 28th. Keefe, Bruyette & Woods lowered their price target on shares of 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. Wells Fargo & Company lowered their price target on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating for the company in a research note on Monday, October 13th. Mizuho decreased their price target on Invitation Home from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Barclays reduced their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. Nine equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Invitation Home presently has an average rating of “Moderate Buy” and a consensus price target of $35.97.

Invitation Home Stock Performance

NYSE:INVH opened at $28.87 on Friday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. Invitation Home has a 12-month low of $27.71 and a 12-month high of $35.80. The stock has a 50-day moving average price of $29.54 and a 200 day moving average price of $31.71. The stock has a market capitalization of $17.70 billion, a P/E ratio of 32.81, a P/E/G ratio of 2.89 and a beta of 0.81.

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

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 25th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Thursday, September 25th. Invitation Home’s dividend payout ratio is 131.82%.

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.