ProShare Advisors LLC Acquires 21,992 Shares of Invitation Home $INVH

ProShare Advisors LLC raised its holdings in shares of Invitation Home (NYSE:INVH) by 13.7% during the fourth quarter, HoldingsChannel reports. The fund owned 182,966 shares of the company’s stock after purchasing an additional 21,992 shares during the quarter. ProShare Advisors LLC’s holdings in Invitation Home were worth $5,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in INVH. Hantz Financial Services Inc. increased its holdings in shares of Invitation Home by 1,695.2% in the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Home by 59.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the period. Cromwell Holdings LLC increased its holdings in shares of Invitation Home by 2,463.5% in the fourth 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 period. Caitong International Asset Management Co. Ltd increased its holdings in shares of Invitation Home by 136,000.0% in 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. Finally, Avalon Trust Co bought a new position in shares of Invitation Home in the third quarter worth $53,000. Institutional investors own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Citigroup decreased their price target on shares of Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Wall Street Zen raised shares of Invitation Home from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Evercore reaffirmed an “outperform” rating and issued a $32.00 price target on shares of Invitation Home in a report on Friday, May 1st. KeyCorp decreased their price target on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Finally, 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 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $31.59.

Invitation Home Stock Up 1.1%

Shares of NYSE:INVH opened at $29.34 on Friday. Invitation Home has a 52-week low of $24.25 and a 52-week high of $34.25. The firm has a fifty day moving average of $26.71 and a 200 day moving average of $26.96. The firm has a market capitalization of $17.43 billion, a PE ratio of 30.88, a price-to-earnings-growth ratio of 3.44 and a beta of 0.85. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last announced its earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (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 company had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.92 million. During the same period in the previous year, the business earned $0.48 earnings per share. The firm’s quarterly 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, research analysts anticipate that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were given a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 annualized dividend and a yield of 4.1%. Invitation Home’s payout ratio is 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.