AlphaCentric Advisors LLC Decreases Stake in Invitation Home $INVH

AlphaCentric Advisors LLC cut its holdings in Invitation Home (NYSE:INVH) by 18.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,000 shares of the company’s stock after selling 17,000 shares during the period. Invitation Home accounts for 1.8% of AlphaCentric Advisors LLC’s holdings, making the stock its 7th biggest holding. AlphaCentric Advisors LLC’s holdings in Invitation Home were worth $1,814,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. SEB Asset Management AB purchased a new position in Invitation Home during the first quarter worth $2,746,000. Swiss National Bank increased its holdings in Invitation Home by 7.1% during the first quarter. Swiss National Bank now owns 1,709,116 shares of the company’s stock valued at $42,472,000 after buying an additional 113,300 shares during the period. Heartland Bank & Trust Co bought a new position in shares of Invitation Home in the 1st quarter worth $296,000. Assetmark Inc. raised its holdings in Invitation Home by 36.8% in the first quarter. Assetmark Inc. now owns 8,032 shares of the company’s stock worth $200,000 after purchasing an additional 2,160 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in Invitation Home by 1.8% during the first quarter. Bessemer Group Inc. now owns 132,469 shares of the company’s stock valued at $3,291,000 after acquiring an additional 2,353 shares during the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Stock Performance

Shares of INVH stock opened at $30.09 on Monday. The stock has a market capitalization of $17.88 billion, a PE ratio of 31.68, a P/E/G ratio of 3.53 and a beta of 0.84. The firm has a 50 day moving average of $29.42 and a two-hundred day moving average of $27.51. Invitation Home has a 52 week low of $24.25 and a 52 week high of $32.67. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The company had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.91 million. During the same quarter last year, the company earned $0.48 EPS. Invitation Home’s revenue for the quarter was up 8.8% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, research analysts predict that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s payout ratio is presently 126.32%.

Analyst Upgrades and Downgrades

INVH has been the subject of several research analyst reports. Royal Bank Of Canada increased their price objective on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. Jefferies Financial Group raised Invitation Home to a “hold” rating in a report on Friday, June 26th. Mizuho lifted their price objective on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. Keefe, Bruyette & Woods boosted their price objective on Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Finally, Wells Fargo & Company upgraded shares of Invitation Home from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $31.00 to $33.00 in a research report on Wednesday, June 24th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $32.47.

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.