Swiss National Bank Buys 113,300 Shares of Invitation Home $INVH

Swiss National Bank lifted its stake in shares of Invitation Home (NYSE:INVH) by 7.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,709,116 shares of the company’s stock after purchasing an additional 113,300 shares during the quarter. Swiss National Bank’s holdings in Invitation Home were worth $42,472,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in INVH. Norges Bank purchased a new position in Invitation Home during the 4th quarter valued at about $1,438,952,000. State Street Corp boosted its position in shares of Invitation Home by 1.3% in the third quarter. State Street Corp now owns 36,621,403 shares of the company’s stock valued at $1,084,514,000 after acquiring an additional 462,379 shares during the period. Geode Capital Management LLC boosted its position in shares of Invitation Home by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after acquiring an additional 203,474 shares during the period. Daiwa Securities Group Inc. grew its stake in Invitation Home by 8.8% during the third quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after acquiring an additional 1,168,113 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Invitation Home by 7.5% during the third quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock valued at $370,227,000 after acquiring an additional 877,491 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

INVH stock opened at $29.53 on Thursday. The firm has a 50 day simple moving average of $29.49 and a two-hundred day simple moving average of $27.55. The stock has a market cap of $17.54 billion, a PE ratio of 31.08, a P/E/G ratio of 3.50 and a beta of 0.84. Invitation Home has a one year low of $24.25 and a one year high of $32.67. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share 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 for the quarter, compared to analysts’ expectations of $689.91 million. During the same quarter last year, the company posted $0.48 EPS. 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, analysts predict that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

Analyst Ratings Changes

INVH has been the topic of a number of analyst reports. UBS Group upped their target price on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Compass Point upgraded shares of Invitation Home to a “hold” rating in a research report on Thursday, July 9th. Barclays upped their price target on shares of Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Finally, Cfra lowered Invitation Home from a “hold” rating to a “sell” rating and dropped their price objective for the company from $29.00 to $27.00 in a research note on Wednesday, May 27th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $32.47.

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.