Russell Investments Group Ltd. Has $103.89 Million Position in Invitation Home $INVH

Russell Investments Group Ltd. raised its position in Invitation Home (NYSE:INVH) by 2.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,542,137 shares of the company’s stock after buying an additional 81,556 shares during the period. Russell Investments Group Ltd.’s holdings in Invitation Home were worth $103,891,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Carnegie Lake Advisors LLC raised its holdings in Invitation Home by 1.2% in the 3rd quarter. Carnegie Lake Advisors LLC now owns 33,776 shares of the company’s stock valued at $991,000 after buying an additional 400 shares during the last quarter. Virtus Investment Advisers LLC boosted its position in Invitation Home by 9.0% during the 2nd quarter. Virtus Investment Advisers LLC now owns 5,086 shares of the company’s stock worth $167,000 after buying an additional 422 shares during the period. Rothschild Investment LLC grew its holdings in Invitation Home by 11.8% during the 2nd quarter. Rothschild Investment LLC now owns 4,127 shares of the company’s stock worth $135,000 after acquiring an additional 436 shares during the last quarter. Assetmark Inc. grew its holdings in Invitation Home by 12.3% during the 3rd quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock worth $119,000 after acquiring an additional 446 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in Invitation Home by 24.9% in the 3rd quarter. Clearstead Advisors LLC now owns 2,255 shares of the company’s stock valued at $66,000 after acquiring an additional 450 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Down 0.9%

Shares of NYSE INVH opened at $25.97 on Tuesday. The company has a market capitalization of $15.83 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 2.82 and a beta of 0.83. Invitation Home has a 52-week low of $25.21 and a 52-week high of $35.80. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.03 and a current ratio of 0.03. The company’s 50 day moving average price is $26.72 and its 200-day moving average price is $27.92.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The firm had revenue of $685.25 million during the quarter, compared to the consensus estimate of $683.00 million. During the same period in the prior year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Equities analysts forecast that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.6%. This is an increase from Invitation Home’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, December 23rd. Invitation Home’s payout ratio is currently 125.00%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on INVH shares. Citigroup dropped their price target on shares of Invitation Home from $36.50 to $31.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Evercore set a $31.00 price objective on Invitation Home in a report on Friday, February 20th. Citizens Jmp lowered their target price on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating for the company in a research report on Friday, February 20th. Wells Fargo & Company cut their target price on Invitation Home from $31.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, March 5th. Finally, Morgan Stanley reduced their price target on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Monday. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Invitation Home currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.94.

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.