Legal & General Group Plc Buys 355,825 Shares of Invitation Home $INVH

Legal & General Group Plc grew its stake in Invitation Home (NYSE:INVH) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,735,955 shares of the company’s stock after acquiring an additional 355,825 shares during the period. Legal & General Group Plc’s holdings in Invitation Home were worth $159,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Aurora Investment Managers LLC. bought a new position in shares of Invitation Home in the fourth quarter worth about $2,740,000. NEOS Investment Management LLC raised its stake in shares of Invitation Home by 67.6% during the third quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock worth $3,802,000 after buying an additional 52,296 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in shares of Invitation Home by 189.8% during the third quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock worth $4,056,000 after buying an additional 90,554 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Invitation Home during the third quarter worth approximately $1,549,000. Finally, Tudor Investment Corp ET AL raised its stake in shares of Invitation Home by 570.5% during the third quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock worth $3,842,000 after buying an additional 111,461 shares during the last quarter. 96.79% of the stock is owned by institutional investors.

Invitation Home Trading Down 0.0%

INVH opened at $29.39 on Thursday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $34.25. 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 company has a market cap of $17.46 billion, a price-to-earnings ratio of 30.94, a price-to-earnings-growth ratio of 3.46 and a beta of 0.85. The firm has a 50 day simple moving average of $26.97 and a 200 day simple moving average of $26.97.

Invitation Home (NYSE:INVH) last issued its earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The firm had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.92 million. During the same quarter in the prior year, the firm earned $0.48 earnings per share. The business’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. On average, sell-side analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were paid 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 presently 126.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on INVH shares. KeyCorp dropped their price target on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Invitation Home in a research note on Friday, March 27th. Scotiabank boosted their price target on shares of Invitation Home from $27.00 to $29.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Evercore reissued an “outperform” rating and set a $32.00 price target on shares of Invitation Home in a research note on Friday, May 1st. Finally, Morgan Stanley dropped 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 research note on Monday, March 9th. Nine investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Invitation Home has a consensus rating of “Hold” and an average price target of $31.33.

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.