SG Americas Securities LLC Increases Holdings in Invitation Home $INVH

SG Americas Securities LLC increased its stake in Invitation Home (NYSE:INVH) by 86.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 189,479 shares of the company’s stock after acquiring an additional 87,692 shares during the period. SG Americas Securities LLC’s holdings in Invitation Home were worth $5,557,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in INVH. Harbor Capital Advisors Inc. bought a new stake in shares of Invitation Home in the 2nd quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB raised its holdings in Invitation Home by 49.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after buying an additional 421 shares during the period. IFP Advisors Inc lifted its position in Invitation Home by 3,219.5% in the second quarter. IFP Advisors Inc now owns 1,361 shares of the company’s stock worth $45,000 after buying an additional 1,320 shares during the last quarter. Mather Group LLC. bought a new stake in Invitation Home in the third quarter worth $42,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Invitation Home during the second quarter worth $49,000. 96.79% of the stock is owned by institutional investors.

Invitation Home Trading Down 0.6%

INVH stock opened at $26.49 on Friday. Invitation Home has a 12 month low of $25.29 and a 12 month high of $35.80. The firm’s 50-day moving average is $27.58 and its 200 day moving average is $29.38. The company has a market capitalization of $16.24 billion, a PE ratio of 27.89, a P/E/G ratio of 2.50 and a beta of 0.83. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.03 and a quick ratio of 0.03.

Invitation Home (NYSE:INVH) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $688.17 million during the quarter, compared to analysts’ expectations of $679.41 million. Invitation Home had a net margin of 21.70% and a return on equity of 6.03%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. On average, research analysts anticipate that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio (DPR) is 126.32%.

Analysts Set New Price Targets

INVH has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price on shares of Invitation Home from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Monday, October 13th. Keefe, Bruyette & Woods cut their price target on shares of Invitation Home from $33.00 to $31.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Mizuho reissued a “neutral” rating and issued a $27.00 price objective (down from $30.00) on shares of Invitation Home in a research report on Thursday. Scotiabank decreased their price objective on shares of Invitation Home from $36.00 to $31.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. Finally, Royal Bank Of Canada dropped their target price on Invitation Home from $33.00 to $32.00 and set a “sector perform” rating for the company in a research report on Friday, October 31st. Eight analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $34.53.

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.