Ieq Capital LLC Invests $2.17 Million in Invitation Home $INVH

Ieq Capital LLC bought a new position in Invitation Home (NYSE:INVH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 71,909 shares of the company’s stock, valued at approximately $2,172,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC bought a new position in shares of Invitation Home during the 2nd quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd raised its stake in Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after purchasing an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in Invitation Home during the fourth quarter valued at $42,000. MUFG Securities EMEA plc bought a new position in Invitation Home during the second quarter valued at $55,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Invitation Home by 7,687.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after buying an additional 1,845 shares in the last quarter. 96.79% of the stock is owned by institutional investors.

Invitation Home Stock Performance

Invitation Home stock opened at $30.23 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a 1-year low of $24.25 and a 1-year high of $31.33. The firm has a market capitalization of $17.85 billion, a P/E ratio of 27.73, a price-to-earnings-growth ratio of 4.35 and a beta of 0.83. The company’s 50-day moving average is $29.90 and its 200 day moving average is $28.08.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million during the quarter, compared to the consensus estimate of $731.13 million. During the same quarter last year, the firm earned $0.48 earnings per share. The firm’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. Research analysts forecast that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid 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 dividend payout ratio (DPR) is currently 110.09%.

Analyst Ratings Changes

Several brokerages have recently issued reports on INVH. Keefe, Bruyette & Woods upped their target price on shares of Invitation Home from $29.00 to $31.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Barclays boosted their price objective on Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Cfra downgraded Invitation Home from a “hold” rating to a “sell” rating and decreased their price objective for the company from $29.00 to $27.00 in a research report on Wednesday, May 27th. UBS Group raised their price objective on Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Finally, Scotiabank lifted their target price on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. Ten 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. Based on data from MarketBeat.com, Invitation Home has an average rating of “Hold” and a consensus target price of $32.53.

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.