Invitation Home $INVH Shares Purchased by First Trust Advisors LP

First Trust Advisors LP increased its stake in Invitation Home (NYSE:INVH) by 2.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 1,454,904 shares of the company’s stock after acquiring an additional 38,837 shares during the quarter. First Trust Advisors LP’s holdings in Invitation Home were worth $36,154,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Cromwell Holdings LLC lifted its holdings in Invitation Home by 2,463.5% during the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after purchasing an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after purchasing an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc acquired a new position in shares of Invitation Home during the 4th quarter worth about $42,000. AdvisorNet Financial Inc raised its position in shares of Invitation Home by 7,687.5% during the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after purchasing an additional 1,845 shares during the last quarter. Finally, Aventus Investment Advisors Inc. purchased a new position in Invitation Home in the 1st quarter valued at about $50,000. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Invitation Home Stock Performance

NYSE:INVH opened at $29.64 on Tuesday. The company’s 50-day moving average price is $29.56 and its 200-day moving average price is $27.59. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50. The company has a market cap of $17.61 billion, a P/E ratio of 31.20, a P/E/G ratio of 3.49 and a beta of 0.84. Invitation Home has a twelve month low of $24.25 and a twelve month high of $32.04.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $579.00 million for the quarter, compared to analyst estimates of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. Invitation Home’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, sell-side analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s dividend payout ratio is 126.32%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on INVH shares. Wells Fargo & Company upgraded Invitation Home from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $31.00 to $33.00 in a report on Wednesday, June 24th. Raymond James Financial raised Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, May 18th. Evercore restated an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a research report on Friday, May 1st. Compass Point raised Invitation Home to a “hold” rating in a research note on Thursday, July 9th. Finally, Scotiabank lifted their price target on Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $32.47.

Invitation Home Company 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.