Manning & Napier Advisors LLC Acquires New Holdings in Invitation Home $INVH

Manning & Napier Advisors LLC purchased a new stake in Invitation Home (NYSE:INVH) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 100,000 shares of the company’s stock, valued at approximately $3,021,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of INVH. BlackRock Inc. bought a new position in shares of Invitation Home during the 2nd quarter worth approximately $1,866,973,000. Norges Bank acquired a new stake in Invitation Home in the fourth quarter valued at approximately $1,438,952,000. State Street Corp grew its holdings in Invitation Home by 1.3% in the third quarter. State Street Corp now owns 36,621,403 shares of the company’s stock worth $1,084,514,000 after purchasing an additional 462,379 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Invitation Home by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock worth $468,997,000 after purchasing an additional 203,474 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of Invitation Home by 8.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after purchasing an additional 1,168,113 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Upgrades and Downgrades

INVH has been the subject of a number of recent analyst reports. Scotiabank raised their price objective on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Oppenheimer upped their target price on Invitation Home from $31.00 to $33.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Royal Bank Of Canada increased their price target on Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. UBS Group raised their price target on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Finally, Keefe, Bruyette & Woods boosted their price target on Invitation Home from $29.00 to $31.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Invitation Home presently has a consensus rating of “Hold” and an average price target of $32.53.

Invitation Home Trading Down 0.8%

Invitation Home stock opened at $30.23 on Wednesday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.33. The stock has a 50-day moving average price of $29.90 and a 200 day moving average price of $28.08. The company has a market capitalization of $17.85 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 4.35 and a beta of 0.83.

Invitation Home (NYSE:INVH) last issued its 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 firm had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. During the same quarter in the prior year, the business earned $0.48 earnings per share. The company’s revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Sell-side analysts anticipate that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) 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.