Swedbank AB Reduces Position in Invitation Home $INVH

Swedbank AB trimmed its holdings in Invitation Home (NYSE:INVH) by 29.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 425,679 shares of the company’s stock after selling 175,000 shares during the period. Swedbank AB’s holdings in Invitation Home were worth $10,578,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Praxis Investment Management Inc. acquired a new position in Invitation Home during the first quarter worth about $386,000. QRG Capital Management Inc. acquired a new stake in Invitation Home in the 1st quarter valued at about $262,000. IRON Financial LLC purchased a new position in Invitation Home in the 1st quarter worth approximately $213,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Invitation Home by 35.4% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 143,535 shares of the company’s stock worth $3,567,000 after purchasing an additional 37,500 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its holdings in shares of Invitation Home by 363.6% during the 1st quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 9,322 shares of the company’s stock worth $232,000 after purchasing an additional 7,311 shares during the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

INVH has been the subject of several recent research reports. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a report on Monday, May 18th. UBS Group boosted their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Barclays raised their target price on Invitation Home from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Scotiabank boosted their price target on shares of Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Invitation Home currently has an average rating of “Hold” and an average target price of $32.26.

Invitation Home Trading Up 0.9%

Shares of INVH stock traded up $0.25 on Friday, hitting $29.62. The stock had a trading volume of 2,964,155 shares, compared to its average volume of 5,614,177. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a market capitalization of $17.60 billion, a P/E ratio of 31.18, a P/E/G ratio of 3.44 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’s 50 day moving average price is $29.28 and its 200-day moving average price is $27.41.

Invitation Home (NYSE:INVH) last announced its 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 for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the business posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, June 25th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

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.