Weiss Asset Management LP Takes Position in Invitation Home $INVH

Weiss Asset Management LP purchased a new stake in Invitation Home (NYSE:INVH) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 27,755 shares of the company’s stock, valued at approximately $690,000.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new stake in Invitation Home in the fourth quarter worth about $1,438,952,000. UBS Group AG increased its stake 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 buying an additional 2,505,909 shares during the period. Amundi increased its stake in Invitation Home by 169.0% during the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after buying an additional 2,071,407 shares during the period. BNP Paribas Financial Markets raised its position 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 buying an additional 2,004,728 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Invitation Home by 53.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after buying an additional 1,884,188 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on INVH shares. BMO Capital Markets lifted their target price on Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a report on Monday, June 15th. Royal Bank Of Canada upped their price target on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Barclays raised their price objective on shares of Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Finally, Mizuho boosted their target price on shares of Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $32.47.

Invitation Home Trading Down 0.5%

Invitation Home stock opened at $29.64 on Tuesday. Invitation Home has a 12 month low of $24.25 and a 12 month high of $32.04. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. The stock has a market cap of $17.61 billion, a P/E ratio of 31.20, a P/E/G ratio of 3.49 and a beta of 0.84. The company’s fifty day simple moving average is $29.56 and its 200-day simple moving average is $27.59.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. The business had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.91 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, sell-side analysts forecast that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) 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.