Nykredit A S Invests $3.58 Million in Invitation Home $INVH

Nykredit A S acquired a new position in Invitation Home (NYSE:INVHFree Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 118,386 shares of the company’s stock, valued at approximately $3,576,000.

Several other hedge funds have also recently bought and sold shares of INVH. Sequoia Financial Advisors LLC increased its stake in shares of Invitation Home by 2.4% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company’s stock valued at $563,000 after purchasing an additional 484 shares during the period. LPL Financial LLC boosted its position in shares of Invitation Home by 0.7% during the fourth quarter. LPL Financial LLC now owns 73,676 shares of the company’s stock worth $2,047,000 after buying an additional 503 shares during the period. Commonwealth Equity Services LLC grew its holdings in Invitation Home by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company’s stock worth $294,000 after buying an additional 516 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Invitation Home by 21.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock worth $93,000 after buying an additional 564 shares in the last quarter. Finally, SCS Capital Management LLC increased its position in Invitation Home by 3.4% in the 4th quarter. SCS Capital Management LLC now owns 17,908 shares of the company’s stock valued at $498,000 after acquiring an additional 582 shares during the period. 96.79% of the stock is currently owned by institutional investors.

Invitation Home Trading Down 0.0%

Shares of Invitation Home stock opened at $28.38 on Monday. The business has a fifty day simple moving average of $29.90 and a 200-day simple moving average of $28.21. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $30.89. The firm has a market cap of $16.76 billion, a price-to-earnings ratio of 26.04, a price-to-earnings-growth ratio of 4.05 and a beta of 0.83. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44.

Invitation Home (NYSE:INVHGet Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The firm had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. During the same period in the previous year, the company earned $0.48 earnings per share. Invitation Home’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 analysts forecast that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, June 25th. Invitation Home’s payout ratio is presently 110.09%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays lifted their target price on Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Invitation Home in a report on Thursday, August 27th. Citigroup restated a “buy” rating on shares of Invitation Home in a research note on Thursday, August 6th. BMO Capital Markets upped their price objective on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. increased their target price on shares of Invitation Home from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, August 25th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Invitation Home has an average rating of “Hold” and a consensus price target of $32.53.

Read Our Latest Stock Report on INVH

Invitation Home Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invitation Home (NYSE:INVH)

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