Invitation Home $INVH Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its stake in shares of Invitation Home (NYSE:INVH) by 32.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 408,013 shares of the company’s stock after purchasing an additional 100,166 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Invitation Home were worth $11,967,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of INVH. New England Research & Management Inc. raised its position in shares of Invitation Home by 0.9% during the 2nd quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock worth $1,516,000 after purchasing an additional 400 shares during the last quarter. State of Michigan Retirement System boosted its holdings in Invitation Home by 0.3% in the 2nd quarter. State of Michigan Retirement System now owns 155,000 shares of the company’s stock worth $5,084,000 after buying an additional 400 shares during the last quarter. Carnegie Lake Advisors LLC increased its stake in Invitation Home by 1.2% during the 3rd quarter. Carnegie Lake Advisors LLC now owns 33,776 shares of the company’s stock worth $991,000 after buying an additional 400 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Invitation Home by 49.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after acquiring an additional 421 shares during the last quarter. Finally, Virtus Investment Advisers LLC lifted its position in shares of Invitation Home by 9.0% in the second quarter. Virtus Investment Advisers LLC now owns 5,086 shares of the company’s stock valued at $167,000 after acquiring an additional 422 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on INVH shares. Morgan Stanley lowered their price target on Invitation Home from $35.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. UBS Group lowered their target price on shares of Invitation Home from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday. Evercore ISI dropped their target price on shares of Invitation Home from $34.00 to $33.00 and set an “outperform” rating for the company in a report on Friday, October 31st. Wells Fargo & Company decreased their price target on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Monday, October 13th. Finally, Bank of America lowered their price target on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $34.53.

Invitation Home Stock Up 1.0%

Shares of INVH opened at $26.67 on Friday. Invitation Home has a 52-week low of $25.29 and a 52-week high of $35.80. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $27.61 and a two-hundred day simple moving average of $29.46. The company has a market capitalization of $16.35 billion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 2.49 and a beta of 0.83.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. The firm had revenue of $688.17 million for the quarter, compared to analysts’ expectations of $679.41 million. During the same quarter in the previous year, the company posted $0.47 EPS. The company’s revenue was up 4.2% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. As a group, equities analysts forecast that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Tuesday, December 23rd will be paid a $0.30 dividend. This is a positive change from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Tuesday, December 23rd. This represents a $1.20 annualized dividend and a dividend yield of 4.5%. Invitation Home’s dividend payout ratio is currently 126.32%.

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.