Invitation Home $INVH Position Lessened by Centersquare Investment Management LLC

Centersquare Investment Management LLC lowered its stake in shares of Invitation Home (NYSE:INVH) by 7.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,375,385 shares of the company’s stock after selling 529,379 shares during the quarter. Invitation Home makes up approximately 1.9% of Centersquare Investment Management LLC’s holdings, making the stock its 17th largest position. Centersquare Investment Management LLC owned approximately 1.04% of Invitation Home worth $186,990,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Invitation Home in the second quarter valued at $1,693,992,000. AQR Capital Management LLC grew its position in shares of Invitation Home by 2,205.3% during the second quarter. AQR Capital Management LLC now owns 1,715,777 shares of the company’s stock worth $56,277,000 after acquiring an additional 1,641,351 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Invitation Home by 28.3% during the third quarter. JPMorgan Chase & Co. now owns 6,884,278 shares of the company’s stock worth $201,920,000 after acquiring an additional 1,516,886 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Invitation Home by 1,556.8% in the 2nd quarter. First Trust Advisors LP now owns 1,460,638 shares of the company’s stock worth $47,909,000 after acquiring an additional 1,372,478 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Invitation Home by 11.9% in the 2nd quarter. Invesco Ltd. now owns 11,745,333 shares of the company’s stock worth $385,247,000 after acquiring an additional 1,247,682 shares during the period. 96.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. KeyCorp reduced their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Oppenheimer decreased their price objective on Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday. Keefe, Bruyette & Woods lowered their target price on Invitation Home from $31.00 to $28.00 and set a “market perform” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. reduced their price target on Invitation Home from $38.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, November 18th. Finally, Wall Street Zen lowered Invitation Home from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Ten equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $33.35.

Invitation Home Stock Performance

Shares of NYSE INVH opened at $25.59 on Thursday. Invitation Home has a 1 year low of $25.21 and a 1 year high of $35.80. The firm has a market cap of $15.60 billion, a P/E ratio of 26.66, a PEG ratio of 2.78 and a beta of 0.83. The stock has a fifty day moving average price of $26.88 and a two-hundred day moving average price of $28.16. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.21). Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The firm had revenue of $685.25 million during the quarter, compared to analyst estimates of $683.00 million. During the same quarter last year, the company earned $0.47 EPS. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts forecast that Invitation Home will post 1.83 EPS for the current fiscal year.

Invitation Home Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.7%. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio is presently 125.00%.

Invitation Home Company Profile

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.