Wealthfront Advisers LLC Acquires New Holdings in Invitation Home $INVH

Wealthfront Advisers LLC bought a new position in Invitation Home (NYSE:INVH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 228,816 shares of the company’s stock, valued at approximately $6,913,000.

A number of other large investors have also added to or reduced their stakes in INVH. Clearstead Trust LLC purchased a new stake in Invitation Home during the 2nd quarter valued at $28,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Invitation Home by 136,000.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after buying an additional 1,360 shares during the last quarter. Prosperity Bancshares Inc bought a new stake in shares of Invitation Home in the fourth quarter worth $42,000. AdvisorNet Financial Inc grew its holdings in shares of Invitation Home by 7,687.5% in the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after acquiring an additional 1,845 shares during the period. Finally, Essential Partners LLC increased its position in Invitation Home by 353.7% during the first quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock valued at $47,000 after acquiring an additional 1,468 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. UBS Group raised their target price on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada increased their price objective on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. BMO Capital Markets raised their price objective on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a report on Monday, June 15th. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Jefferies Financial Group raised shares of Invitation Home to a “hold” rating in a report on Wednesday, July 22nd. Ten investment 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $32.68.

Invitation Home Price Performance

NYSE INVH opened at $30.19 on Thursday. The business’s fifty day moving average is $29.83 and its 200 day moving average is $27.97. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $31.38. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. The company has a market capitalization of $17.83 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 4.25 and a beta of 0.83.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business had revenue of $747.55 million during the quarter, compared to analysts’ expectations of $731.13 million. During the same quarter in the prior year, the business posted $0.48 earnings per share. The business’s quarterly revenue was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Sell-side analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s payout ratio is 110.09%.

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.