9,061 Shares in Invitation Home $INVH Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC acquired a new stake in Invitation Home (NYSE:INVH) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,061 shares of the company’s stock, valued at approximately $297,000.

Several other hedge funds also recently bought and sold shares of the stock. Pallas Capital Advisors LLC purchased a new position in Invitation Home in the 2nd quarter valued at approximately $432,000. Aberdeen Group plc raised its stake in shares of Invitation Home by 4.8% in the second quarter. Aberdeen Group plc now owns 1,550,283 shares of the company’s stock valued at $50,849,000 after acquiring an additional 70,924 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its holdings in Invitation Home by 2.4% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,731,189 shares of the company’s stock valued at $199,732,000 after purchasing an additional 134,012 shares during the period. Allspring Global Investments Holdings LLC grew its stake in Invitation Home by 0.8% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 63,583 shares of the company’s stock worth $2,084,000 after purchasing an additional 533 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in Invitation Home during the 1st quarter worth $329,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on INVH. Weiss Ratings reiterated a “hold (c)” rating on shares of Invitation Home in a research note on Wednesday, October 8th. Bank of America reduced their target price on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. JPMorgan Chase & Co. upgraded shares of Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 price target for the company in a report on Friday, October 17th. Scotiabank dropped their price objective on shares of Invitation Home from $36.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Monday, November 10th. Finally, Mizuho decreased their price objective on shares of Invitation Home from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Tuesday, October 21st. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Invitation Home presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.15.

Invitation Home Trading Down 1.2%

Shares of Invitation Home stock opened at $28.05 on Tuesday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.42. The company has a fifty day simple moving average of $28.79 and a 200-day simple moving average of $31.11. The stock has a market cap of $17.19 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 2.93 and a beta of 0.81. Invitation Home has a 12-month low of $27.38 and a 12-month high of $35.80.

Invitation Home (NYSE:INVH) last announced its quarterly 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 net margin of 21.70% and a return on equity of 6.03%. The firm had revenue of $688.17 million during the quarter, compared to analysts’ expectations of $679.41 million. During the same period in the previous year, the company earned $0.47 earnings per share. Invitation Home’s quarterly revenue was up 4.2% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, equities analysts forecast that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Dividend Announcement

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

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.