Invitation Home $INVH Position Boosted by Pacer Advisors Inc.

Pacer Advisors Inc. grew its holdings in shares of Invitation Home (NYSE:INVH) by 72.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,720 shares of the company’s stock after purchasing an additional 32,740 shares during the period. Pacer Advisors Inc.’s holdings in Invitation Home were worth $2,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in INVH. CIBC Asset Management Inc boosted its holdings in shares of Invitation Home by 446.4% in the third quarter. CIBC Asset Management Inc now owns 452,675 shares of the company’s stock worth $13,277,000 after buying an additional 369,831 shares during the period. Aurora Investment Managers LLC. acquired a new position in shares of Invitation Home in the fourth quarter worth about $2,740,000. PGGM Investments boosted its holdings in shares of Invitation Home by 13.0% in the third quarter. PGGM Investments now owns 5,672,720 shares of the company’s stock worth $166,381,000 after buying an additional 653,539 shares during the period. NEOS Investment Management LLC boosted its holdings in shares of Invitation Home by 67.6% in the third quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock worth $3,802,000 after buying an additional 52,296 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Invitation Home by 5.8% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,339,473 shares of the company’s stock worth $68,617,000 after buying an additional 128,561 shares during the period. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

INVH stock opened at $28.49 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The stock has a market cap of $16.92 billion, a P/E ratio of 29.99, a P/E/G ratio of 3.34 and a beta of 0.86. The firm has a 50 day simple moving average of $26.38 and a 200 day simple moving average of $26.92. Invitation Home has a 52 week low of $24.25 and a 52 week high of $34.58.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08. The business had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.92 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the company posted $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, March 26th. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Oppenheimer decreased their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. KeyCorp decreased their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Mizuho decreased their target price on shares of Invitation Home from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Compass Point assumed coverage on shares of Invitation Home in a report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 target price for the company. Finally, Citizens Jmp decreased their target price on shares of Invitation Home from $40.00 to $35.00 and set a “market outperform” rating for the company in a report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $31.94.

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.