Elo Mutual Pension Insurance Co Has $3.38 Million Stake in Invitation Home $INVH

Elo Mutual Pension Insurance Co raised its position in Invitation Home (NYSE:INVH) by 51.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,061 shares of the company’s stock after acquiring an additional 39,243 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Invitation Home were worth $3,375,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its stake 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 last quarter. Smartleaf Asset Management LLC raised its stake in 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 during the period. Mather Group LLC. acquired a new stake in shares of Invitation Home in the third quarter valued at approximately $42,000. CYBER HORNET ETFs LLC bought a new position in shares of Invitation Home during the 2nd quarter worth approximately $49,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Invitation Home during the 2nd quarter worth approximately $55,000. Institutional investors own 96.79% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price target on Invitation Home from $38.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, November 18th. Mizuho restated a “neutral” rating and set a $27.00 target price (down from $30.00) on shares of Invitation Home in a research note on Thursday, January 8th. Raymond James Financial reaffirmed a “market perform” rating on shares of Invitation Home in a report on Friday, February 27th. Citizens Jmp lowered their price target on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Invitation Home in a report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.35.

Invitation Home Trading Up 0.6%

INVH stock opened at $26.31 on Wednesday. Invitation Home has a 52 week low of $25.21 and a 52 week high of $35.80. The company has a market capitalization of $16.03 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 2.83 and a beta of 0.83. The company’s 50-day simple moving average is $26.81 and its 200 day simple moving average is $28.04. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03.

Invitation Home (NYSE:INVH) last announced its earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). Invitation Home had a return on equity of 6.24% and a net margin of 21.53%.The business had revenue of $685.25 million for the quarter, compared to analyst estimates of $683.00 million. During the same quarter in the previous year, the company earned $0.47 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, sell-side analysts anticipate that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $1.20 annualized dividend and a yield of 4.6%. This is a boost from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s payout ratio is presently 125.00%.

Invitation Home Company 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.