42,000 Shares in Invitation Home $INVH Purchased by Employees Retirement System of Texas

Employees Retirement System of Texas purchased a new stake in shares of Invitation Home (NYSE:INVH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 42,000 shares of the company’s stock, valued at approximately $1,167,000.

Several other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its stake in 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 during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after acquiring an additional 466 shares during the last quarter. Cromwell Holdings LLC boosted its position in shares of Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after acquiring an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after purchasing an additional 1,360 shares in the last quarter. Finally, Avalon Trust Co purchased a new position in shares of Invitation Home in the third quarter valued at $53,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Oppenheimer decreased their price target on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Compass Point initiated coverage on shares of Invitation Home in a research report on Tuesday, April 28th. They set a “neutral” rating and a $30.00 target price on the stock. Morgan Stanley lowered their price target on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Citizens Jmp reduced their price objective on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Finally, Citigroup decreased their price objective on Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Invitation Home has a consensus rating of “Hold” and an average target price of $31.33.

Invitation Home Stock Performance

Invitation Home stock opened at $29.39 on Thursday. 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 $17.46 billion, a P/E ratio of 30.94, a price-to-earnings-growth ratio of 3.46 and a beta of 0.85. Invitation Home has a 1-year low of $24.25 and a 1-year high of $34.25. The company’s 50-day moving average is $26.97 and its 200 day moving average is $26.97.

Invitation Home (NYSE:INVH) last released 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. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.92 million. During the same quarter in the prior year, the firm posted $0.48 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts forecast that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, March 26th. Invitation Home’s dividend payout ratio is 126.32%.

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.