Lasalle Investment Management Securities LLC Raises Stake in Invitation Home $INVH

Lasalle Investment Management Securities LLC grew its stake in Invitation Home (NYSE:INVH) by 10.3% in the first quarter, Holdings Channel reports. The fund owned 668,065 shares of the company’s stock after purchasing an additional 62,577 shares during the period. Lasalle Investment Management Securities LLC’s holdings in Invitation Home were worth $16,601,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of INVH. Cromwell Holdings LLC boosted its holdings 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 purchasing an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in 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 worth $40,000 after purchasing an additional 1,360 shares during the period. Prosperity Bancshares Inc acquired a new stake in Invitation Home during the 4th quarter worth approximately $42,000. MUFG Securities EMEA plc acquired a new stake in shares of Invitation Home in the second quarter valued at $55,000. Finally, AdvisorNet Financial Inc grew its stake in 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 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 Performance

NYSE INVH opened at $29.53 on Thursday. The company has a fifty day moving average of $29.49 and a two-hundred day moving average of $27.55. The company has a market capitalization of $17.54 billion, a PE ratio of 31.08, a P/E/G ratio of 3.50 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 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 earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.91 million. During the same quarter in the previous year, the firm earned $0.48 earnings per share. The business’s revenue was up 8.8% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. As a group, analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Analyst Upgrades and Downgrades

Several research analysts have commented on INVH shares. UBS Group boosted their price target on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Evercore reiterated an “outperform” rating and issued a $32.00 price objective on shares of Invitation Home in a report on Friday, May 1st. Wall Street Zen raised Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Cfra lowered shares of Invitation Home from a “hold” rating to a “sell” rating and dropped their price target for the company from $29.00 to $27.00 in a research note on Wednesday, May 27th. Finally, BMO Capital Markets increased their price target on shares of Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Invitation Home currently has a consensus rating of “Hold” and an average price target of $32.47.

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.