Ethic Inc. Has $1.23 Million Stake in Invitation Home $INVH

Ethic Inc. boosted its holdings in shares of Invitation Home (NYSE:INVH) by 31.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,571 shares of the company’s stock after purchasing an additional 9,093 shares during the period. Ethic Inc.’s holdings in Invitation Home were worth $1,229,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Horizon Investments LLC increased its holdings in Invitation Home by 5.0% during the 1st quarter. Horizon Investments LLC now owns 8,182 shares of the company’s stock valued at $285,000 after purchasing an additional 386 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Invitation Home by 2.5% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock valued at $561,000 after purchasing an additional 399 shares in the last quarter. New England Research & Management Inc. increased its holdings in Invitation Home by 0.9% during the 2nd quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock valued at $1,516,000 after purchasing an additional 400 shares in the last quarter. Commerce Bank increased its holdings in Invitation Home by 4.2% during the 1st quarter. Commerce Bank now owns 10,197 shares of the company’s stock valued at $355,000 after purchasing an additional 414 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Invitation Home by 49.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after purchasing an additional 421 shares in the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Invitation Home Stock Down 0.1%

Shares of Invitation Home stock opened at $28.87 on Monday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. Invitation Home has a 12 month low of $27.71 and a 12 month high of $35.80. The business has a fifty day simple moving average of $29.54 and a 200 day simple moving average of $31.70. The stock has a market cap of $17.70 billion, a PE ratio of 32.81, a price-to-earnings-growth ratio of 2.89 and a beta of 0.81.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The business had revenue of $681.40 million during the quarter, compared to analysts’ expectations of $675.01 million. During the same period in the previous year, the firm earned $0.47 earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. Research analysts predict that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Thursday, September 25th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s payout ratio is 131.82%.

Analyst Ratings Changes

Several equities research analysts have recently commented on INVH shares. JPMorgan Chase & Co. raised Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 target price for the company in a research note on Friday, October 17th. Keefe, Bruyette & Woods lowered their target price on Invitation Home from $37.00 to $33.00 and set a “market perform” rating for the company in a research note on Wednesday, August 6th. Mizuho lowered their target price on Invitation Home from $32.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, October 21st. Royal Bank Of Canada lowered their target price on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Invitation Home in a research note on Saturday. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $35.97.

Invitation Home Company Profile

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.