Apollon Wealth Management LLC bought a new position in Invitation Home (NYSE:INVH – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 26,482 shares of the company’s stock, valued at approximately $736,000.
A number of other institutional investors have also bought and sold shares of INVH. AQR Capital Management LLC lifted its stake in Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after purchasing an additional 29,962 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after buying an additional 1,290 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Invitation Home during the 2nd quarter worth approximately $287,000. Cetera Investment Advisers increased its holdings in shares of Invitation Home by 8.5% during the 2nd quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $637,000 after buying an additional 1,528 shares during the last quarter. Finally, Cresset Asset Management LLC increased its holdings in shares of Invitation Home by 5.5% during the 2nd quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after buying an additional 809 shares during the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on INVH. Scotiabank cut their price target on shares of Invitation Home from $28.00 to $27.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. Evercore set a $31.00 price target on shares of Invitation Home in a report on Friday, February 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Invitation Home in a report on Friday, March 27th. Citigroup cut their price target on shares of Invitation Home from $36.50 to $31.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. Finally, Citizens Jmp cut their price target on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating for the company in a report on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $32.88.
Invitation Home Stock Down 0.7%
Shares of NYSE INVH opened at $26.30 on Thursday. The firm has a market cap of $15.76 billion, a price-to-earnings ratio of 27.39, a PEG ratio of 3.80 and a beta of 0.82. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44. Invitation Home has a 52-week low of $24.25 and a 52-week high of $35.80. The business’s 50 day moving average is $25.80 and its two-hundred day moving average is $27.02.
Invitation Home (NYSE:INVH – Get Free Report) last announced its 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). The firm had revenue of $685.25 million during the quarter, compared to analysts’ expectations of $683.00 million. Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts predict that Invitation Home will post 1.83 EPS for the current year.
Invitation Home Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, March 26th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a yield of 4.6%. Invitation Home’s payout ratio is presently 125.00%.
Invitation Home 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.
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