Washington Trust Advisors Inc. Cuts Stock Holdings in Invitation Home $INVH

Washington Trust Advisors Inc. lowered its position in Invitation Home (NYSE:INVH) by 13.9% in the second quarter, Holdings Channel.com reports. The firm owned 203,826 shares of the company’s stock after selling 32,818 shares during the quarter. Washington Trust Advisors Inc.’s holdings in Invitation Home were worth $6,158,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Clearstead Trust LLC acquired a new position in Invitation Home during the 2nd quarter worth approximately $28,000. Raiffeisen Bank International AG raised its stake 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 buying an additional 827 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after buying an additional 1,360 shares during the period. Prosperity Bancshares Inc acquired a new stake in shares of Invitation Home in the 4th quarter valued at approximately $42,000. Finally, AdvisorNet Financial Inc boosted its stake in shares of Invitation Home by 7,687.5% in the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after buying an additional 1,845 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on INVH shares. Oppenheimer upped their price objective on Invitation Home from $31.00 to $33.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Cfra lowered shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their target price for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. BMO Capital Markets upped their price target on Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a report on Monday, June 15th. UBS Group upped their target price on Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a research report on Monday, May 18th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $32.53.

Invitation Home Trading Down 0.0%

Shares of INVH opened at $28.38 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a 1-year low of $24.25 and a 1-year high of $30.89. The stock has a market cap of $16.76 billion, a price-to-earnings ratio of 26.04, a price-to-earnings-growth ratio of 4.05 and a beta of 0.83. The firm has a 50 day simple moving average of $29.90 and a 200-day simple moving average of $28.21.

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 for the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.Invitation Home’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Equities 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 given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio is currently 110.09%.

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.