Strs Ohio Makes New Investment in Invitation Home $INVH

Strs Ohio bought a new position in Invitation Home (NYSE:INVH) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,077,331 shares of the company’s stock, valued at approximately $37,545,000. Strs Ohio owned about 0.18% of Invitation Home as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC lifted its holdings in Invitation Home by 1,313.8% in the first quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock worth $32,000 after acquiring an additional 854 shares during the last quarter. GKV Capital Management Co. Inc. bought a new position in Invitation Home in the first quarter worth about $37,000. Zions Bancorporation National Association UT bought a new position in Invitation Home in the first quarter worth about $40,000. North Capital Inc. bought a new position in Invitation Home in the first quarter worth about $41,000. Finally, SVB Wealth LLC bought a new position in Invitation Home in the first quarter worth about $58,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

NYSE INVH opened at $30.61 on Friday. Invitation Home has a 12 month low of $29.37 and a 12 month high of $37.24. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a market capitalization of $18.76 billion, a PE ratio of 34.78, a P/E/G ratio of 3.00 and a beta of 0.82. The company’s 50 day simple moving average is $31.11 and its 200 day simple moving average is $32.71.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, meeting analysts’ consensus estimates of $0.48. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. The business had revenue of $681.40 million for the quarter, compared to analyst estimates of $675.01 million. During the same quarter last year, the business earned $0.47 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. As a group, equities research analysts forecast that Invitation Home will post 1.83 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Barclays cut their target price on shares of Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, August 12th. Royal Bank Of Canada cut their price target on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Scotiabank cut their price target on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating on the stock in a report on Thursday, August 28th. Citigroup raised Invitation Home from a “neutral” rating to a “buy” rating and lifted their price target for the company from $35.00 to $38.50 in a report on Friday, June 6th. Finally, Keefe, Bruyette & Woods cut their price target on Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a report on Wednesday, August 6th. Eight analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $36.85.

About Invitation Home

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.