Greenland Capital Management LP Purchases Shares of 36,000 Invitation Home $INVH

Greenland Capital Management LP bought a new stake in shares of Invitation Home (NYSE:INVH) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 36,000 shares of the company’s stock, valued at approximately $1,056,000.

Other large investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its position in shares of Invitation Home by 1,695.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after acquiring an additional 1,068 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in 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. Mather Group LLC. purchased a new stake in Invitation Home in the third quarter worth $42,000. CYBER HORNET ETFs LLC bought a new position in Invitation Home in the second quarter worth $49,000. Finally, Harbor Capital Advisors Inc. lifted its position in Invitation Home by 86.2% during the third quarter. Harbor Capital Advisors Inc. now owns 1,693 shares of the company’s stock valued at $50,000 after buying an additional 784 shares during the period. Institutional investors own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on INVH. Bank of America decreased their target price on shares of Invitation Home from $37.00 to $36.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Citigroup reaffirmed a “market outperform” rating on shares of Invitation Home in a research report on Wednesday, January 21st. UBS Group set a $40.00 price objective on Invitation Home in a research note on Wednesday, January 21st. KeyCorp dropped their target price on Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Mizuho restated a “neutral” rating and set a $27.00 price target (down from $30.00) on shares of Invitation Home in a report on Thursday, January 8th. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.38.

Invitation Home Price Performance

Shares of NYSE:INVH opened at $25.64 on Tuesday. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $15.63 billion, a PE ratio of 26.71, a price-to-earnings-growth ratio of 2.77 and a beta of 0.83. The firm’s 50 day moving average price is $26.94 and its 200-day moving average price is $28.21. Invitation Home has a twelve month low of $25.23 and a twelve month high of $35.80.

Invitation Home (NYSE:INVH) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.21). The company had revenue of $685.25 million for the quarter, compared to the consensus estimate of $683.00 million. Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities research analysts expect that Invitation Home will post 1.83 EPS for the current year.

Invitation Home Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.7%. The ex-dividend date was Tuesday, December 23rd. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. Invitation Home’s dividend payout ratio is presently 125.00%.

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.