Andra AP fonden Purchases 30,500 Shares of Invitation Home $INVH

Andra AP fonden grew its holdings in shares of Invitation Home (NYSE:INVH) by 33.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,700 shares of the company’s stock after acquiring an additional 30,500 shares during the period. Andra AP fonden’s holdings in Invitation Home were worth $3,959,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Invitation Home by 15.2% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 160,198 shares of the company’s stock worth $5,254,000 after purchasing an additional 21,132 shares during the period. Huntington National Bank boosted its holdings in shares of Invitation Home by 26.3% during the 2nd quarter. Huntington National Bank now owns 2,481 shares of the company’s stock worth $81,000 after buying an additional 516 shares in the last quarter. Machina Capital S.A.S. acquired a new stake in shares of Invitation Home during the 2nd quarter worth approximately $3,402,000. State of Michigan Retirement System grew its position in shares of Invitation Home by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock worth $5,084,000 after buying an additional 400 shares during the period. Finally, iA Global Asset Management Inc. increased its stake in shares of Invitation Home by 5,382.8% in the 2nd quarter. iA Global Asset Management Inc. now owns 31,581 shares of the company’s stock valued at $1,036,000 after acquiring an additional 31,005 shares in the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Invitation Home Stock Performance

Shares of INVH opened at $28.03 on Friday. The firm has a market capitalization of $17.18 billion, a P/E ratio of 29.50, a P/E/G ratio of 2.78 and a beta of 0.81. Invitation Home has a 52 week low of $27.38 and a 52 week high of $35.80. The stock has a 50 day moving average price of $29.03 and a two-hundred day moving average price of $31.39. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.03 and a current ratio of 0.03.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The company had revenue of $688.17 million for the quarter, compared to analyst estimates of $679.41 million. During the same quarter last year, the company earned $0.47 earnings per share. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. Equities analysts forecast that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, September 25th. Invitation Home’s payout ratio is currently 122.11%.

Analyst Upgrades and Downgrades

INVH has been the subject of several research analyst reports. Evercore ISI decreased their price target on shares of Invitation Home from $34.00 to $33.00 and set an “outperform” rating for the company in a research note on Friday, October 31st. Royal Bank Of Canada reduced their target price on Invitation Home from $33.00 to $32.00 and set a “sector perform” rating for the company in a research note on Friday, October 31st. Oppenheimer set a $38.00 target price on Invitation Home and gave the company an “outperform” rating in a research report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Invitation Home in a report on Wednesday, October 8th. Finally, Scotiabank reduced their price objective on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating for the company in a research note on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $35.47.

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.