KBC Group NV Sells 31,035 Shares of Invitation Home $INVH

KBC Group NV lowered its stake in shares of Invitation Home (NYSE:INVH) by 23.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 100,792 shares of the company’s stock after selling 31,035 shares during the period. KBC Group NV’s holdings in Invitation Home were worth $2,504,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of INVH. Norges Bank purchased a new stake in Invitation Home in the fourth quarter worth about $1,438,952,000. UBS Group AG boosted its position in Invitation Home by 101.4% during the 3rd quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock valued at $145,966,000 after acquiring an additional 2,505,909 shares in the last quarter. Amundi grew its holdings in shares of Invitation Home by 169.0% during the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock worth $93,038,000 after acquiring an additional 2,071,407 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Invitation Home by 79.6% during the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after acquiring an additional 2,004,728 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Invitation Home by 53.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after acquiring an additional 1,884,188 shares in the last quarter. 96.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. UBS Group raised their target price on Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research note on Monday, May 18th. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Scotiabank raised their price objective on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Finally, Cfra lowered Invitation Home from a “hold” rating to a “sell” rating and lowered their price objective for the company from $29.00 to $27.00 in a research report on Wednesday, May 27th. Ten investment 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 data from MarketBeat.com, Invitation Home presently has a consensus rating of “Hold” and an average target price of $32.47.

Invitation Home Price Performance

Shares of INVH opened at $29.77 on Friday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $32.27. The firm’s 50-day simple moving average is $29.55 and its two-hundred day simple moving average is $27.58. The stock has a market cap of $17.68 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 3.45 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last released its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.91 million. During the same period last year, the business earned $0.48 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Invitation Home’s payout ratio is presently 126.32%.

Invitation Home Company 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.