Vestcor Inc Has $415,000 Stock Holdings in Invitation Home $INVH

Vestcor Inc decreased its holdings in shares of Invitation Home (NYSE:INVH) by 91.9% in the 4th quarter, HoldingsChannel reports. The firm owned 14,933 shares of the company’s stock after selling 168,371 shares during the period. Vestcor Inc’s holdings in Invitation Home were worth $415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in INVH. Norges Bank acquired a new stake in Invitation Home during the 4th quarter valued at $1,438,952,000. UBS Group AG increased its position in Invitation Home by 101.4% during the 3rd quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock worth $145,966,000 after buying an additional 2,505,909 shares during the period. Amundi increased its position in Invitation Home by 169.0% during the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock worth $93,038,000 after buying an additional 2,071,407 shares during the period. BNP Paribas Financial Markets increased its position in Invitation Home by 79.6% during the 4th quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after buying an additional 2,004,728 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Invitation Home by 53.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after buying an additional 1,884,188 shares during the period. Institutional investors and hedge funds own 96.79% of the company’s stock.

Invitation Home Stock Up 1.4%

Shares of NYSE INVH opened at $29.78 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. 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 $17.69 billion, a P/E ratio of 31.35, a PEG ratio of 3.45 and a beta of 0.85. The stock’s fifty day moving average is $27.78 and its 200 day moving average is $27.05.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping 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 company had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.92 million. During the same quarter last year, the business earned $0.48 earnings per share. Invitation Home’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. Sell-side analysts forecast that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were given a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

Wall Street Analysts Forecast Growth

INVH has been the topic of several recent research reports. Evercore reiterated an “outperform” rating and set a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. Morgan Stanley lowered their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Oppenheimer lowered their price objective on Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Cfra cut Invitation Home from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. Finally, Compass Point initiated coverage on Invitation Home in a research report on Tuesday, April 28th. They set a “neutral” rating and a $30.00 price objective on the stock. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Invitation Home currently has a consensus rating of “Hold” and a consensus price target of $31.50.

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.