Danske Bank A S Makes New Investment in Invitation Home $INVH

Danske Bank A S acquired a new position in shares of Invitation Home (NYSE:INVH) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 389,550 shares of the company’s stock, valued at approximately $11,768,000. Danske Bank A S owned approximately 0.07% of Invitation Home as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INVH. Clearstead Trust LLC acquired a new position in shares of Invitation Home during the 2nd quarter valued at about $28,000. Caitong International Asset Management Co. Ltd increased its position 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 last quarter. Prosperity Bancshares Inc purchased a new position in Invitation Home during the fourth quarter worth about $42,000. AdvisorNet Financial Inc raised its stake in Invitation Home by 7,687.5% during the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after purchasing an additional 1,845 shares during the period. Finally, Essential Partners LLC boosted its holdings in Invitation Home by 353.7% in the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock valued at $47,000 after purchasing an additional 1,468 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Price Performance

Invitation Home stock opened at $30.31 on Friday. The company’s 50 day simple moving average is $29.84 and its 200-day simple moving average is $28.00. The company has a market capitalization of $17.90 billion, a price-to-earnings ratio of 27.81, a price-to-earnings-growth ratio of 4.31 and a beta of 0.83. Invitation Home has a 1 year low of $24.25 and a 1 year 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.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.34. The firm had revenue of $747.55 million during the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, equities research analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a $0.30 dividend. The ex-dividend date of this dividend 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 presently 110.09%.

Analyst Ratings Changes

INVH has been the subject of several analyst reports. Cfra cut 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. Barclays upped their price objective on Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Oppenheimer increased their price objective on Invitation Home from $31.00 to $33.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Compass Point raised Invitation Home to a “hold” rating in a research note on Thursday, July 9th. Finally, Scotiabank lifted their target price on 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 investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Invitation Home currently has a consensus rating of “Hold” and a consensus target price of $32.68.

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.