OMERS ADMINISTRATION Corp Makes New $933,000 Investment in Invitation Home $INVH

OMERS ADMINISTRATION Corp acquired a new stake in shares of Invitation Home (NYSE:INVH) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 30,885 shares of the company’s stock, valued at approximately $933,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. M&T Bank Corp bought a new position in shares of Invitation Home in the fourth quarter worth about $1,756,000. Legal & General Group Plc lifted its position in shares of Invitation Home by 6.6% during the 4th quarter. Legal & General Group Plc now owns 5,735,955 shares of the company’s stock valued at $159,402,000 after buying an additional 355,825 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Invitation Home by 4.6% during the 1st quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock valued at $73,478,000 after acquiring an additional 129,202 shares during the period. Algebris UK Ltd. bought a new position in shares of Invitation Home during the 4th quarter valued at approximately $15,370,000. Finally, BNP Paribas Financial Markets increased its holdings in Invitation Home by 79.6% in the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after acquiring an additional 2,004,728 shares in the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Stock Down 2.2%

Shares of INVH opened at $29.23 on Friday. The business’s 50 day moving average is $29.95 and its 200 day moving average is $28.13. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 12-month low of $24.25 and a 12-month high of $31.33. The company has a market capitalization of $17.26 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 4.27 and a beta of 0.83.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. During the same period last year, the firm posted $0.48 EPS. The company’s revenue was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Research analysts expect that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors 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 dividend yield of 4.1%. Invitation Home’s dividend payout ratio is currently 110.09%.

Analyst Upgrades and Downgrades

INVH has been the topic of several analyst reports. Weiss Ratings raised shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Oppenheimer increased their price objective on shares of Invitation Home from $31.00 to $33.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Royal Bank Of Canada raised their price objective on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. Mizuho lifted their target price on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. Finally, Compass Point raised shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $32.53.

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.