Barclays PLC Buys 1,321,292 Shares of Invitation Home $INVH

Barclays PLC grew its stake in Invitation Home (NYSE:INVH) by 98.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,657,290 shares of the company’s stock after purchasing an additional 1,321,292 shares during the period. Barclays PLC owned about 0.43% of Invitation Home worth $77,938,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in INVH. AQR Capital Management LLC increased its holdings in Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after buying an additional 29,962 shares during the period. Empowered Funds LLC raised its stake in shares of Invitation Home by 10.7% in the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after buying an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Invitation Home during the 2nd quarter worth about $287,000. Assetmark Inc. lifted its holdings in shares of Invitation Home by 43.2% during the 2nd quarter. Assetmark Inc. now owns 3,614 shares of the company’s stock worth $119,000 after acquiring an additional 1,090 shares during the period. Finally, Huntington National Bank boosted its position 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 valued at $81,000 after acquiring an additional 516 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Down 0.8%

Shares of NYSE:INVH opened at $26.21 on Monday. Invitation Home has a one year low of $25.21 and a one year high of $35.80. The company has a 50 day moving average of $26.76 and a 200-day moving average of $27.96. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.03 and a quick ratio of 0.03. The stock has a market cap of $15.97 billion, a price-to-earnings ratio of 27.30, a P/E/G ratio of 2.82 and a beta of 0.83.

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 business had revenue of $685.25 million during the quarter, compared to analyst estimates of $683.00 million. During the same quarter in the prior year, the company earned $0.47 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, sell-side analysts forecast that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd were given a $0.30 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.6%. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio is 125.00%.

Wall Street Analyst Weigh In

INVH has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lowered their target price on shares of Invitation Home from $31.00 to $28.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 25th. Wells Fargo & Company cut their price target on shares of Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a research note on Thursday. Bank of America decreased their price objective on Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. Raymond James Financial reiterated a “market perform” rating on shares of Invitation Home in a research note on Friday, February 27th. Finally, Wall Street Zen cut Invitation Home from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Nine equities research analysts have rated the stock with a Buy rating and nine have given 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 price target of $33.00.

About Invitation Home

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.