Avanza Fonder AB Acquires New Stake in Invitation Home $INVH

Avanza Fonder AB bought a new position in Invitation Home (NYSE:INVH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,335 shares of the company’s stock, valued at approximately $871,000.

Other large investors have also made changes to their positions in the company. CIBC Asset Management Inc increased its holdings in Invitation Home by 446.4% during the third quarter. CIBC Asset Management Inc now owns 452,675 shares of the company’s stock valued at $13,277,000 after buying an additional 369,831 shares during the last quarter. PGGM Investments boosted its stake in shares of Invitation Home by 13.0% during the 3rd quarter. PGGM Investments now owns 5,672,720 shares of the company’s stock worth $166,381,000 after acquiring an additional 653,539 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Invitation Home by 5.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,339,473 shares of the company’s stock valued at $68,617,000 after acquiring an additional 128,561 shares during the period. NEOS Investment Management LLC grew its position in shares of Invitation Home by 67.6% during the 3rd quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock valued at $3,802,000 after acquiring an additional 52,296 shares during the period. Finally, Aurora Investment Managers LLC. purchased a new stake in shares of Invitation Home in the 4th quarter worth $2,740,000. 96.79% of the stock is currently owned by institutional investors.

Invitation Home Stock Up 1.0%

INVH opened at $25.01 on Wednesday. The stock has a market cap of $15.24 billion, a price-to-earnings ratio of 26.05, a price-to-earnings-growth ratio of 2.65 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03. The firm’s fifty day moving average is $26.25 and its 200 day moving average is $27.48. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $35.80.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.The business had revenue of $685.25 million during the quarter, compared to analysts’ expectations of $683.00 million. During the same quarter in the previous year, the company posted $0.47 EPS. 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 fiscal year.

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, March 26th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.8%. Invitation Home’s dividend payout ratio (DPR) is currently 125.00%.

Analyst Ratings Changes

A number of equities analysts recently commented on INVH shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Invitation Home in a report on Friday, February 27th. UBS Group set a $40.00 price target on Invitation Home in a research report on Wednesday, January 21st. Morgan Stanley decreased their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Scotiabank lowered their price objective on Invitation Home from $28.00 to $27.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Finally, Evercore set a $31.00 price objective on Invitation Home in a research note on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.88.

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.