Vanguard Group Inc. Sells 486,439 Shares of Invitation Home $INVH

Vanguard Group Inc. lessened its position in Invitation Home (NYSE:INVH) by 0.5% in the third quarter, HoldingsChannel reports. The fund owned 94,539,827 shares of the company’s stock after selling 486,439 shares during the quarter. Vanguard Group Inc. owned approximately 0.15% of Invitation Home worth $2,772,853,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. grew its position in Invitation Home by 1,695.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock valued at $33,000 after purchasing an additional 1,068 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Invitation Home by 59.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after buying an additional 466 shares in the last quarter. Mather Group LLC. acquired a new position in shares of Invitation Home during the third quarter valued at about $42,000. IFP Advisors Inc increased its position in shares of Invitation Home by 3,219.5% during the second quarter. IFP Advisors Inc now owns 1,361 shares of the company’s stock worth $45,000 after acquiring an additional 1,320 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Invitation Home in the 2nd quarter worth about $49,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

Shares of NYSE:INVH opened at $26.86 on Thursday. The company’s 50-day moving average is $27.00 and its 200 day moving average is $28.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.03 and a current ratio of 0.03. The company has a market capitalization of $16.47 billion, a P/E ratio of 28.28, a price-to-earnings-growth ratio of 2.96 and a beta of 0.83. Invitation Home has a fifty-two week low of $25.29 and a fifty-two week high of $35.80.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.48. The business had revenue of $685.25 million during the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.47 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities research analysts forecast that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 23rd were issued a $0.30 dividend. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.5%. Invitation Home’s payout ratio is presently 126.32%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on INVH shares. Evercore cut their price target on Invitation Home from $34.00 to $33.00 and set an “outperform” rating for the company in a research note on Friday, October 31st. Barclays reaffirmed an “overweight” rating and set a $33.00 target price on shares of Invitation Home in a research report on Tuesday, January 13th. Scotiabank lowered their price target on Invitation Home from $31.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Invitation Home in a report on Monday, December 29th. Finally, Oppenheimer set a $38.00 target price on shares of Invitation Home and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.70.

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.