Candriam S.C.A. Has $1 Million Stock Holdings in Invitation Home $INVH

Candriam S.C.A. increased its stake in Invitation Home (NYSE:INVH) by 29.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,553 shares of the company’s stock after acquiring an additional 6,940 shares during the quarter. Candriam S.C.A.’s holdings in Invitation Home were worth $1,002,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. CWM LLC lifted its position in shares of Invitation Home by 10.8% in the 1st quarter. CWM LLC now owns 6,509 shares of the company’s stock worth $227,000 after purchasing an additional 635 shares during the period. Wealthfront Advisers LLC raised its stake in Invitation Home by 21.8% during the first quarter. Wealthfront Advisers LLC now owns 23,522 shares of the company’s stock worth $820,000 after buying an additional 4,215 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Invitation Home by 1,313.8% in the first quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock valued at $32,000 after buying an additional 854 shares during the period. Teachers Retirement System of The State of Kentucky boosted its position in Invitation Home by 4.4% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 43,987 shares of the company’s stock valued at $1,533,000 after acquiring an additional 1,874 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in Invitation Home by 69.1% during the 1st quarter. Allianz Asset Management GmbH now owns 846,422 shares of the company’s stock worth $29,498,000 after acquiring an additional 345,982 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Wall Street Analyst Weigh In

INVH has been the topic of a number of recent analyst reports. Evercore ISI dropped their price objective on Invitation Home from $34.00 to $33.00 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Barclays reduced their price objective on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, August 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Invitation Home in a research report on Wednesday, October 8th. 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 report on Monday, November 10th. Finally, JPMorgan Chase & Co. upgraded Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 target price for the company in a research note on Friday, October 17th. Nine equities 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 has a consensus rating of “Moderate Buy” and a consensus price target of $35.15.

Invitation Home Trading Down 1.2%

NYSE:INVH opened at $28.05 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.03. The firm has a 50-day moving average of $28.79 and a 200-day moving average of $31.11. The company has a market cap of $17.19 billion, a PE ratio of 29.52, a PEG ratio of 2.93 and a beta of 0.81. Invitation Home has a one year low of $27.38 and a one year high of $35.80.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The firm had revenue of $688.17 million during the quarter, compared to the consensus estimate of $679.41 million. During the same period in the prior year, the business posted $0.47 earnings per share. The company’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. As a group, equities research analysts expect that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Dividend Announcement

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

Invitation Home Company 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.