BI Asset Management Fondsmaeglerselskab A S Has $1.46 Million Holdings in Invitation Home $INVH

BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Invitation Home (NYSE:INVH) by 122.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,850 shares of the company’s stock after purchasing an additional 32,353 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Invitation Home were worth $1,462,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Aurora Investment Managers LLC. acquired a new stake in Invitation Home during the 4th quarter worth about $2,740,000. Swiss Life Asset Management Ltd increased its holdings in shares of Invitation Home by 189.8% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock valued at $4,056,000 after purchasing an additional 90,554 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of Invitation Home in the 3rd quarter valued at about $1,549,000. Tudor Investment Corp ET AL lifted its position in shares of Invitation Home by 570.5% in the third quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock worth $3,842,000 after purchasing an additional 111,461 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Invitation Home by 3.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,413,502 shares of the company’s stock worth $67,071,000 after buying an additional 74,029 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of NYSE INVH opened at $29.62 on Thursday. The firm has a market capitalization of $17.60 billion, a price-to-earnings ratio of 31.18, a PEG ratio of 3.41 and a beta of 0.85. Invitation Home has a one year low of $24.25 and a one year high of $33.94. The business has a fifty day simple moving average of $28.56 and a 200 day simple moving average of $27.13. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.50.

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, topping analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $579.00 million for the quarter, compared to the consensus estimate of $689.91 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts expect that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, June 25th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, June 25th. Invitation Home’s payout ratio is presently 126.32%.

Analyst Upgrades and Downgrades

INVH has been the topic of a number of recent research reports. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 1st. Citigroup dropped their price objective on Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Keefe, Bruyette & Woods raised their price objective on shares of Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. 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, Evercore reiterated an “outperform” rating and issued a $32.00 target price on shares of Invitation Home in a research note on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $32.11.

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.