Invitation Home $INVH is PGGM Investments’ 9th Largest Position

PGGM Investments increased its stake in shares of Invitation Home (NYSE:INVH) by 3.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,868,534 shares of the company’s stock after purchasing an additional 195,814 shares during the period. Invitation Home makes up approximately 2.6% of PGGM Investments’ investment portfolio, making the stock its 9th largest position. PGGM Investments owned 0.96% of Invitation Home worth $163,087,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its position in shares of Invitation Home by 1,695.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Invitation Home by 59.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after purchasing an additional 466 shares during the period. Cromwell Holdings LLC boosted its position in shares of Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after purchasing an additional 1,281 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of Invitation Home by 136,000.0% during the 3rd 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 during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of Invitation Home in the second quarter valued at approximately $55,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Up 0.2%

NYSE INVH opened at $29.34 on Tuesday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. Invitation Home has a 52 week low of $24.25 and a 52 week high of $34.25. The stock has a market capitalization of $17.43 billion, a PE ratio of 30.88, a price-to-earnings-growth ratio of 3.44 and a beta of 0.85. The firm has a 50 day moving average of $26.79 and a two-hundred day moving average of $26.95.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping 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 company had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.92 million. During the same quarter in the previous year, the business posted $0.48 EPS. The firm’s 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. As a group, research analysts expect 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, April 17th. Shareholders of record on Thursday, March 26th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date was Thursday, March 26th. Invitation Home’s payout ratio is 126.32%.

Analysts Set New Price Targets

INVH has been the subject of a number of research reports. UBS Group dropped their price objective on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Oppenheimer dropped their price objective on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Morgan Stanley dropped their price objective on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. KeyCorp dropped their price objective on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Finally, Royal Bank Of Canada lifted their price objective on shares of Invitation Home from $28.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.59.

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.