SEB Asset Management AB Makes New $2.75 Million Investment in Invitation Home $INVH

SEB Asset Management AB bought a new position in shares of Invitation Home (NYSE:INVH) during the first quarter, Holdings Channel.com reports. The firm bought 110,484 shares of the company’s stock, valued at approximately $2,746,000.

Several other hedge funds have also modified their holdings of INVH. Swiss National Bank increased its holdings in shares of Invitation Home by 7.1% in the first quarter. Swiss National Bank now owns 1,709,116 shares of the company’s stock valued at $42,472,000 after purchasing an additional 113,300 shares in the last quarter. Heartland Bank & Trust Co acquired a new position in Invitation Home during the 1st quarter worth $296,000. Assetmark Inc. boosted its position in Invitation Home by 36.8% in the 1st quarter. Assetmark Inc. now owns 8,032 shares of the company’s stock valued at $200,000 after buying an additional 2,160 shares during the last quarter. Bessemer Group Inc. boosted its position in Invitation Home by 1.8% in the 1st quarter. Bessemer Group Inc. now owns 132,469 shares of the company’s stock valued at $3,291,000 after buying an additional 2,353 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its stake in shares of Invitation Home by 706.7% in the 1st quarter. Wealthfront Advisers LLC now owns 112,174 shares of the company’s stock valued at $2,788,000 after buying an additional 98,268 shares during the period. 96.79% of the stock is owned by institutional investors.

Invitation Home Price Performance

Shares of INVH stock opened at $29.45 on Friday. 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 has a 12-month low of $24.25 and a 12-month high of $32.45. The firm has a fifty day moving average of $29.51 and a 200-day moving average of $27.56. The firm has a market capitalization of $17.50 billion, a price-to-earnings ratio of 31.00, a price-to-earnings-growth ratio of 3.46 and a beta of 0.84.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.91 million. During the same quarter last year, the business posted $0.48 EPS. The firm’s revenue 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, equities research analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, June 25th. Invitation Home’s payout ratio is 126.32%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Compass Point upgraded shares of Invitation Home to a “hold” rating in a research report on Thursday, July 9th. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, May 18th. Keefe, Bruyette & Woods increased their price target on Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada lifted their price objective on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $32.47.

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.