Wealthfront Advisers LLC Has $2.79 Million Stock Holdings in Invitation Home $INVH

Wealthfront Advisers LLC boosted its position in Invitation Home (NYSE:INVH) by 706.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,174 shares of the company’s stock after acquiring an additional 98,268 shares during the period. Wealthfront Advisers LLC’s holdings in Invitation Home were worth $2,788,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cromwell Holdings LLC raised its holdings in Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after purchasing an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after purchasing an additional 1,360 shares during the period. Prosperity Bancshares Inc bought a new position in shares of Invitation Home in the 4th quarter valued at about $42,000. MUFG Securities EMEA plc bought a new position in shares of Invitation Home in the 2nd quarter valued at about $55,000. Finally, AdvisorNet Financial Inc grew its position in shares of Invitation Home by 7,687.5% during the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after buying an additional 1,845 shares during the period. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INVH has been the subject of a number of recent research reports. Wall Street Zen raised shares of Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Keefe, Bruyette & Woods raised their price objective on shares of Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Compass Point raised shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Wells Fargo & Company raised shares of Invitation Home from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $31.00 to $33.00 in a report on Wednesday, June 24th. Finally, Mizuho upped their target price on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Invitation Home presently has a consensus rating of “Hold” and an average price target of $32.47.

Invitation Home Price Performance

Shares of INVH opened at $30.09 on Monday. The stock has a market cap of $17.88 billion, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 3.53 and a beta of 0.84. Invitation Home has a 1 year low of $24.25 and a 1 year high of $32.67. The stock’s 50-day moving average price is $29.42 and its two-hundred day moving average price is $27.51. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The company had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.91 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.Invitation Home’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. Invitation Home’s payout ratio is currently 126.32%.

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.