Paralel Advisors LLC Has $1.98 Million Stock Position in Invitation Home $INVH

Paralel Advisors LLC boosted its stake in shares of Invitation Home (NYSE:INVH) by 218.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,628 shares of the company’s stock after purchasing an additional 45,000 shares during the quarter. Paralel Advisors LLC’s holdings in Invitation Home were worth $1,983,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. HB Wealth Management LLC bought a new stake in shares of Invitation Home in the second quarter valued at about $519,000. Saudi Central Bank raised its holdings in Invitation Home by 75.7% in the 2nd quarter. Saudi Central Bank now owns 37,765 shares of the company’s stock valued at $1,141,000 after acquiring an additional 16,269 shares in the last quarter. AlphaGrep UK Ltd bought a new stake in shares of Invitation Home in the 2nd quarter worth approximately $311,000. Raiffeisen Bank International AG grew its holdings in shares of Invitation Home by 174.5% during the 2nd quarter. Raiffeisen Bank International AG now owns 1,301 shares of the company’s stock worth $40,000 after purchasing an additional 827 shares in the last quarter. Finally, Premier Path Wealth Partners LLC acquired a new stake in shares of Invitation Home during the 2nd quarter worth approximately $244,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Down 0.0%

INVH opened at $28.38 on Monday. The firm’s 50-day simple moving average is $29.90 and its 200-day simple moving average is $28.21. 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 twelve month low of $24.25 and a twelve month high of $30.89. The firm has a market cap of $16.76 billion, a price-to-earnings ratio of 26.04, a PEG ratio of 4.05 and a beta of 0.83.

Invitation Home (NYSE:INVH) last announced its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $731.13 million. During the same quarter last year, the company posted $0.48 EPS. The firm’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. Equities research analysts anticipate that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 4.2%. Invitation Home’s payout ratio is 110.09%.

Analysts Set New Price Targets

INVH has been the subject of a number of recent research reports. Citigroup restated a “buy” rating on shares of Invitation Home in a research note on Thursday, August 6th. Jefferies Financial Group raised shares of Invitation Home to a “hold” rating in a report on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Invitation Home in a research report on Thursday, August 27th. Wells Fargo & Company raised shares of Invitation Home from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $31.00 to $33.00 in a research note on Wednesday, June 24th. Finally, Cfra downgraded Invitation Home from a “hold” rating to a “sell” rating and decreased their price objective for the company from $29.00 to $27.00 in a report on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $32.53.

About Invitation Home

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.