27,141 Shares in Invitation Home $INVH Purchased by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. acquired a new position in shares of Invitation Home (NYSE:INVH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 27,141 shares of the company’s stock, valued at approximately $820,000.

Other hedge funds also recently bought and sold shares of the company. Sequoia Financial Advisors LLC boosted its holdings 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 period. LPL Financial LLC boosted its holdings in shares of Invitation Home by 0.7% during the fourth quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock worth $2,047,000 after purchasing an additional 503 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Invitation Home by 5.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company’s stock worth $294,000 after purchasing an additional 516 shares during the period. Northwestern Mutual Wealth Management Co. grew its position 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 purchasing an additional 564 shares in the last quarter. Finally, SCS Capital Management LLC grew its position in Invitation Home by 3.4% during the fourth quarter. SCS Capital Management LLC now owns 17,908 shares of the company’s stock valued at $498,000 after purchasing an additional 582 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on INVH shares. UBS Group increased their target price on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Barclays boosted their price target on shares of Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Jefferies Financial Group raised shares of Invitation Home to a “hold” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada increased their price objective on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Finally, Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $31.00 to $33.00 in a research report on Wednesday, June 24th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $32.68.

Invitation Home Trading Up 1.1%

NYSE:INVH opened at $30.45 on Tuesday. The company has a market capitalization of $17.98 billion, a P/E ratio of 27.94, a P/E/G ratio of 4.30 and a beta of 0.83. The stock’s 50 day moving average price is $29.88 and its 200 day moving average price is $28.06. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.38.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The firm had revenue of $747.55 million during the quarter, compared to analysts’ expectations of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, research analysts forecast that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were issued 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 dividend yield of 3.9%. Invitation Home’s dividend payout ratio (DPR) is currently 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.