Rakuten Investment Management Inc. Takes $2.72 Million Position in Invitation Home $INVH

Rakuten Investment Management Inc. purchased a new stake in shares of Invitation Home (NYSE:INVH) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 88,985 shares of the company’s stock, valued at approximately $2,722,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC bought a new position in Invitation Home in the second quarter worth $28,000. Caitong International Asset Management Co. Ltd boosted its holdings 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 valued at $40,000 after buying an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc bought a new stake in shares of Invitation Home during the 4th quarter valued at $42,000. AdvisorNet Financial Inc grew its position in shares of Invitation Home by 7,687.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after buying an additional 1,845 shares during the period. Finally, Essential Partners LLC grew its position in shares of Invitation Home by 353.7% in the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock worth $47,000 after buying an additional 1,468 shares during the period. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on INVH. Cfra lowered shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their price target for the stock from $29.00 to $27.00 in a research note on Wednesday, May 27th. BMO Capital Markets raised their target price on shares of Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Scotiabank lifted their target price on shares of Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th. Jefferies Financial Group raised Invitation Home to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research note on Monday, May 18th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Invitation Home presently has a consensus rating of “Hold” and a consensus target price of $32.53.

Invitation Home Stock Performance

Shares of INVH stock opened at $29.30 on Monday. Invitation Home has a one year low of $24.25 and a one year high of $31.33. The company’s 50-day moving average is $29.96 and its 200 day moving average is $28.15. The company has a market capitalization of $17.31 billion, a price-to-earnings ratio of 26.88, a price-to-earnings-growth ratio of 4.17 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The business had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. Invitation Home’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Sell-side 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, July 17th. Investors of record on Thursday, June 25th were given 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 4.1%. Invitation Home’s dividend payout ratio (DPR) is 110.09%.

About Invitation Home

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.