65,733 Shares in Invitation Home $INVH Acquired by Boston Partners

Boston Partners acquired a new stake in Invitation Home (NYSE:INVH) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 65,733 shares of the company’s stock, valued at approximately $2,156,000.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. purchased a new position in shares of Invitation Home in the second quarter worth $30,000. Larson Financial Group LLC raised its position in Invitation Home by 1,313.8% in the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock worth $32,000 after buying an additional 854 shares during the last quarter. GKV Capital Management Co. Inc. bought a new position in Invitation Home during the 1st quarter valued at about $37,000. Zions Bancorporation National Association UT bought a new position in Invitation Home during the 1st quarter valued at about $40,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Invitation Home by 49.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after acquiring an additional 421 shares during the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on INVH. Oppenheimer set a $38.00 price objective on shares of Invitation Home and gave the company an “outperform” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. raised shares of Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 target price for the company in a research report on Friday, October 17th. Scotiabank decreased their target price on shares of Invitation Home from $36.00 to $31.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. Keefe, Bruyette & Woods lowered their price target on Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Finally, Wells Fargo & Company cut their price objective on Invitation Home from $33.00 to $31.00 and set an “equal weight” rating for the company in a report on Monday, October 13th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.15.

Invitation Home Trading Up 0.4%

Shares of Invitation Home stock opened at $28.38 on Friday. Invitation Home has a 1-year low of $27.38 and a 1-year high of $35.80. The company’s fifty day simple moving average is $28.83 and its 200-day simple moving average is $31.20. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.03. The stock has a market capitalization of $17.40 billion, a PE ratio of 29.87, a P/E/G ratio of 2.92 and a beta of 0.81.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Invitation Home had a return on equity of 6.03% and a net margin of 21.70%.The firm had revenue of $688.17 million during the quarter, compared to analyst estimates of $679.41 million. During the same period in the prior year, the business posted $0.47 EPS. Invitation Home’s revenue was up 4.2% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. As a group, equities analysts anticipate that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were paid a $0.29 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is 122.11%.

Invitation Home Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.