CIBC Asset Management Inc Raises Stake in Invitation Home $INVH

CIBC Asset Management Inc raised its holdings in Invitation Home (NYSE:INVH) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 506,204 shares of the company’s stock after purchasing an additional 53,529 shares during the quarter. CIBC Asset Management Inc’s holdings in Invitation Home were worth $14,067,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Hantz Financial Services Inc. boosted its stake in shares of Invitation Home by 1,695.2% during the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after buying an additional 1,068 shares during the period. Smartleaf Asset Management LLC increased its position in Invitation Home by 59.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after acquiring an additional 466 shares during the period. Cromwell Holdings LLC raised its stake in Invitation Home by 2,463.5% during the 4th quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock valued at $37,000 after acquiring an additional 1,281 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in 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 valued at $40,000 after acquiring an additional 1,360 shares during the last quarter. Finally, Avalon Trust Co acquired a new stake in Invitation Home during the 3rd quarter worth approximately $53,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Home Stock Performance

Shares of INVH stock opened at $29.50 on Friday. 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 stock has a 50 day simple moving average of $27.48 and a 200-day simple moving average of $27.00. The company has a market cap of $17.52 billion, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 3.41 and a beta of 0.85. Invitation Home has a 12-month low of $24.25 and a 12-month high of $34.25.

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, beating analysts’ consensus estimates of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The firm had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.92 million. During the same period in the previous year, the business earned $0.48 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, equities analysts forecast that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, March 26th. Invitation Home’s payout ratio is presently 126.32%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Citizens Jmp lowered their target price on Invitation Home from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Morgan Stanley decreased their price target on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. UBS Group dropped their price objective on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Finally, Evercore restated an “outperform” rating and set a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Invitation Home presently has an average rating of “Hold” and an average price target of $31.50.

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.