Louisiana State Employees Retirement System Invests $713,000 in Invitation Home $INVH

Louisiana State Employees Retirement System purchased a new position in Invitation Home (NYSE:INVH) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,700 shares of the company’s stock, valued at approximately $713,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Cromwell Holdings LLC boosted its position in Invitation Home by 2,463.5% in the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after buying an additional 1,281 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after acquiring an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc bought a new stake in shares of Invitation Home during the fourth quarter valued at approximately $42,000. MUFG Securities EMEA plc purchased a new stake in shares of Invitation Home in the second quarter valued at approximately $55,000. Finally, AdvisorNet Financial Inc grew its stake in Invitation Home by 7,687.5% in the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after purchasing an additional 1,845 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Up 1.5%

Invitation Home stock traded up $0.46 during trading hours on Tuesday, reaching $30.48. The stock had a trading volume of 79,114 shares, compared to its average volume of 6,481,515. The company has a market cap of $18.11 billion, a price-to-earnings ratio of 32.08, a PEG ratio of 3.58 and a beta of 0.84. The business’s 50 day moving average price is $29.12 and its 200-day moving average price is $27.34. Invitation Home has a 52 week low of $24.25 and a 52 week high of $32.67. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.91 million. During the same quarter in the previous year, the business posted $0.48 EPS. Invitation Home’s revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts anticipate that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

Wall Street Analyst Weigh In

INVH has been the subject of a number of research analyst reports. UBS Group decreased their target price on Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Weiss Ratings raised Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. BMO Capital Markets raised their price target on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Compass Point began coverage on Invitation Home in a report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price objective for the company. Finally, Scotiabank increased their target price on shares of Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $32.11.

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.