Invitation Home $INVH Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund raised its stake in Invitation Home (NYSE:INVH) by 406.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 644,728 shares of the company’s stock after purchasing an additional 517,538 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Invitation Home were worth $16,021,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Invitation Home during the fourth quarter valued at about $1,438,952,000. State Street Corp boosted its position in shares of Invitation Home by 1.3% during the 3rd quarter. State Street Corp now owns 36,621,403 shares of the company’s stock worth $1,084,514,000 after purchasing an additional 462,379 shares during the period. Geode Capital Management LLC boosted its position in shares of Invitation Home by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock worth $468,997,000 after purchasing an additional 203,474 shares during the period. Daiwa Securities Group Inc. raised its position in Invitation Home by 8.8% in the third quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after purchasing an additional 1,168,113 shares during the period. Finally, Invesco Ltd. lifted its stake in Invitation Home by 7.5% during the third quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock worth $370,227,000 after purchasing an additional 877,491 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of INVH opened at $29.64 on Tuesday. Invitation Home has a 1 year low of $24.25 and a 1 year high of $32.04. The stock has a market capitalization of $17.61 billion, a PE ratio of 31.20, a PEG ratio of 3.49 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The stock has a 50-day simple moving average of $29.56 and a 200-day simple moving average of $27.59.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.91 million. During the same period in the prior year, the firm earned $0.48 earnings per share. The business’s quarterly 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, analysts predict that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Scotiabank lifted their price objective on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Mizuho lifted their target price on Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research note on Monday, May 18th. Wall Street Zen raised shares of Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Barclays lifted their price objective on shares of Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, 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.