2,218,739 Shares in Invitation Home $INVH Acquired by Wellington Management Group LLP

Wellington Management Group LLP bought a new stake in Invitation Home (NYSE:INVH) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,218,739 shares of the company’s stock, valued at approximately $67,028,000. Wellington Management Group LLP owned about 0.38% of Invitation Home as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of INVH. Sequoia Financial Advisors LLC lifted its position in shares of Invitation Home by 2.4% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock worth $563,000 after buying an additional 484 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invitation Home by 0.7% in the fourth quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock worth $2,047,000 after buying an additional 503 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Invitation Home by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company’s stock worth $294,000 after acquiring an additional 516 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Invitation Home by 21.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock valued at $93,000 after acquiring an additional 564 shares during the period. Finally, SCS Capital Management LLC lifted its position in shares of Invitation Home by 3.4% during the 4th quarter. SCS Capital Management LLC now owns 17,908 shares of the company’s stock worth $498,000 after purchasing an additional 582 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on INVH shares. Citigroup reaffirmed a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th. Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research report on Monday, May 18th. Barclays upped their target price on shares of Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. raised their price target on shares of Invitation Home from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 25th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Invitation Home from $29.00 to $31.00 and gave the stock a “market perform” rating in a report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $32.53.

Invitation Home Trading Down 1.0%

Shares of INVH stock opened at $28.84 on Thursday. Invitation Home has a 52-week low of $24.25 and a 52-week high of $30.89. The stock has a market cap of $17.03 billion, a price-to-earnings ratio of 26.46, a P/E/G ratio of 4.15 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. The firm has a fifty day moving average of $29.96 and a 200-day moving average of $28.19.

Invitation Home (NYSE:INVH) last issued 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 net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. During the same period in the previous year, the business earned $0.48 EPS. The firm’s revenue was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is 110.09%.

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.