Invitation Home $INVH Holdings Boosted by Odyssean LLC

Odyssean LLC raised its stake in Invitation Home (NYSE:INVH) by 76.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,162 shares of the company’s stock after acquiring an additional 43,490 shares during the period. Odyssean LLC’s holdings in Invitation Home were worth $3,026,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in INVH. BlackRock Inc. bought a new stake in shares of Invitation Home in the 2nd quarter worth approximately $1,866,973,000. Norges Bank bought a new position in Invitation Home during the 4th quarter worth $1,438,952,000. State Street Corp increased its position in Invitation Home by 1.3% in the third quarter. State Street Corp now owns 36,621,403 shares of the company’s stock worth $1,084,514,000 after buying an additional 462,379 shares during the period. Geode Capital Management LLC increased its position in Invitation Home by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock worth $468,997,000 after buying an additional 203,474 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in Invitation Home by 8.8% in the third quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after buying an additional 1,168,113 shares during the last quarter. 96.79% of the stock is owned by institutional investors.

Invitation Home Trading Down 0.8%

Shares of NYSE:INVH opened at $30.23 on Wednesday. The company has a 50 day moving average of $29.90 and a 200-day moving average of $28.08. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. The firm has a market cap of $17.85 billion, a P/E ratio of 27.73, a P/E/G ratio of 4.35 and a beta of 0.83. Invitation Home has a twelve month low of $24.25 and a twelve month high of $31.33.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. During the same quarter last year, the business earned $0.48 earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given a dividend of $0.30 per share. 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 110.09%.

Analyst Ratings Changes

Several research firms have recently commented on INVH. UBS Group upped their price target 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. JPMorgan Chase & Co. lifted their price objective on shares of Invitation Home from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday. Compass Point raised shares of Invitation Home to a “hold” rating in a research note on Thursday, July 9th. Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research report on Monday, May 18th. Finally, Mizuho lifted their price target on Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $32.53.

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.