Paralel Advisors LLC Invests $1.98 Million in Invitation Home $INVH

Paralel Advisors LLC purchased a new position in shares of Invitation Home (NYSE:INVH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 65,628 shares of the company’s stock, valued at approximately $1,983,000.

Other hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in Invitation Home during the second quarter worth $221,000. B. Metzler seel. Sohn & Co. AG bought a new position in shares of Invitation Home in the 2nd quarter valued at $1,061,000. Danske Bank A S bought a new position in shares of Invitation Home in the 2nd quarter valued at $11,768,000. Wealthfront Advisers LLC acquired a new position in shares of Invitation Home during the 2nd quarter worth $6,913,000. Finally, First National Bank of Omaha acquired a new position in shares of Invitation Home during the 2nd quarter worth $13,032,000. 96.79% of the stock is owned by institutional investors.

Invitation Home Stock Performance

Invitation Home stock opened at $30.31 on Friday. The business has a 50 day moving average of $29.84 and a 200-day moving average of $28.00. The company has a market capitalization of $17.90 billion, a P/E ratio of 27.81, a P/E/G ratio of 4.31 and a beta of 0.83. Invitation Home has a 1 year low of $24.25 and a 1 year high of $31.38. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The business had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. During the same period last year, the company earned $0.48 EPS. The firm’s revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. Invitation Home’s dividend payout ratio (DPR) is presently 110.09%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on INVH. BMO Capital Markets upped their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a research report on Monday, June 15th. Compass Point upgraded Invitation Home to a “hold” rating in a research report on Thursday, July 9th. Royal Bank Of Canada boosted their target price on Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Barclays increased their target price on shares of Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Monday, May 18th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $32.68.

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.