Neuberger Berman Group LLC Raises Stock Holdings in Invitation Home $INVH

Neuberger Berman Group LLC boosted its stake in shares of Invitation Home (NYSE:INVH) by 4.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,473,994 shares of the company’s stock after acquiring an additional 66,133 shares during the quarter. Neuberger Berman Group LLC’s holdings in Invitation Home were worth $43,232,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in INVH. AQR Capital Management LLC raised its stake in shares of Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock valued at $2,589,000 after acquiring an additional 29,962 shares during the period. Empowered Funds LLC boosted its position in shares of Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock worth $464,000 after purchasing an additional 1,290 shares during the period. Sivia Capital Partners LLC acquired a new stake in Invitation Home in the 2nd quarter valued at approximately $287,000. Assetmark Inc. raised its position in Invitation Home by 43.2% in the second quarter. Assetmark Inc. now owns 3,614 shares of the company’s stock valued at $119,000 after purchasing an additional 1,090 shares during the period. Finally, Huntington National Bank raised its position in Invitation Home by 26.3% in the second quarter. Huntington National Bank now owns 2,481 shares of the company’s stock valued at $81,000 after purchasing an additional 516 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Invitation Home Trading Down 0.8%

NYSE:INVH opened at $26.21 on Friday. Invitation Home has a 12-month low of $25.21 and a 12-month high of $35.80. The firm has a market cap of $15.97 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.83. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. The stock has a fifty day moving average price of $26.76 and a 200 day moving average price of $27.99.

Invitation Home (NYSE:INVH) last posted its quarterly 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). The company had revenue of $685.25 million during the quarter, compared to analyst estimates of $683.00 million. Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. Invitation Home’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Increases Dividend

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

Wall Street Analysts Forecast Growth

INVH has been the subject of several research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Invitation Home in a research report on Monday, December 29th. Wells Fargo & Company decreased their target price on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Thursday. Wall Street Zen cut Invitation Home from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Royal Bank Of Canada dropped their target price on Invitation Home from $30.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, February 20th. Finally, Barclays reduced their price target on shares of Invitation Home from $33.00 to $31.00 and set an “overweight” rating on the stock in a research report on Friday. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Invitation Home currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.00.

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.