Whittier Trust Co. Has $895,000 Stock Position in Invitation Home $INVH

Whittier Trust Co. cut its stake in Invitation Home (NYSE:INVH) by 41.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 35,143 shares of the company’s stock after selling 25,215 shares during the period. Whittier Trust Co.’s holdings in Invitation Home were worth $895,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in INVH. AQR Capital Management LLC boosted its stake in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after purchasing an additional 29,962 shares during the last quarter. Empowered Funds LLC raised its stake in Invitation Home by 10.7% during the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after buying an additional 1,290 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Invitation Home during the second quarter worth $287,000. Cetera Investment Advisers lifted its holdings in Invitation Home by 8.5% in the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock valued at $637,000 after buying an additional 1,528 shares during the period. Finally, Cresset Asset Management LLC lifted its holdings in Invitation Home by 5.5% in the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock valued at $515,000 after buying an additional 809 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on INVH. Cfra downgraded Invitation Home from a “hold” rating to a “sell” rating and decreased their price target for the stock from $29.00 to $27.00 in a report on Wednesday, May 27th. BMO Capital Markets boosted their price objective on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Wall Street Zen upgraded Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research note on Monday, May 18th. Finally, Weiss Ratings upgraded 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 issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $32.11.

Invitation Home Price Performance

INVH stock opened at $30.20 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The company’s 50-day moving average is $29.18 and its 200-day moving average is $27.36. The stock has a market capitalization of $17.94 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 3.52 and a beta of 0.84. Invitation Home has a 1 year low of $24.25 and a 1 year high of $32.67.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.91 million. During the same period in the previous year, the company posted $0.48 EPS. The firm’s 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. Equities research analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.20 annualized dividend and a yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

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.