First National Bank of Omaha purchased a new position in Invitation Home (NYSE:INVH – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund purchased 428,055 shares of the company’s stock, valued at approximately $13,032,000.
A number of other hedge funds also recently bought and sold shares of INVH. Clearstead Trust LLC bought a new stake in Invitation Home during the 2nd quarter valued at about $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after buying an additional 1,360 shares during the last quarter. Prosperity Bancshares Inc bought a new position in shares of Invitation Home in the fourth quarter worth approximately $42,000. MUFG Securities EMEA plc bought a new position in shares of Invitation Home in the second quarter worth approximately $55,000. Finally, AdvisorNet Financial Inc grew its holdings in shares of Invitation Home by 7,687.5% during the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after buying an additional 1,845 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently weighed in on INVH. Wall Street Zen raised shares of Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Barclays upped their price objective on Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. UBS Group lifted their target price on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Wells Fargo & Company upgraded Invitation Home from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $31.00 to $33.00 in a research note on Wednesday, June 24th. Finally, Weiss Ratings raised Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $32.68.
Invitation Home Price Performance
Shares of Invitation Home stock opened at $29.77 on Wednesday. Invitation Home has a one year low of $24.25 and a one year high of $31.38. The stock’s fifty day moving average is $29.82 and its 200 day moving average is $27.95. The stock has a market cap of $17.58 billion, a P/E ratio of 27.31, a P/E/G ratio of 4.33 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02.
Invitation Home (NYSE:INVH – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The company had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. During the same period in the previous year, the business earned $0.48 earnings per share. Invitation Home’s quarterly revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Sell-side analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.
Invitation Home Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s payout ratio is presently 110.09%.
About Invitation Home
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.
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