Northwestern Mutual Wealth Management Co. Acquires 198,389 Shares of Invitation Home $INVH

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invitation Home (NYSE:INVH) by 6,256.4% in the fourth quarter, Holdings Channel reports. The firm owned 201,560 shares of the company’s stock after purchasing an additional 198,389 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invitation Home were worth $5,601,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INVH. Hantz Financial Services Inc. lifted its stake in Invitation Home by 1,695.2% during the third quarter. Hantz Financial Services Inc. now owns 1,131 shares of the company’s stock worth $33,000 after purchasing an additional 1,068 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Invitation Home by 59.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock worth $36,000 after buying an additional 466 shares in the last quarter. Cromwell Holdings LLC increased its holdings in shares of Invitation Home by 2,463.5% during the fourth quarter. Cromwell Holdings LLC now owns 1,333 shares of the company’s stock worth $37,000 after buying an additional 1,281 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after buying an additional 1,360 shares in the last quarter. Finally, Avalon Trust Co acquired a new stake in shares of Invitation Home during the third quarter worth approximately $53,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Performance

Shares of Invitation Home stock opened at $29.34 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The firm has a market cap of $17.43 billion, a P/E ratio of 30.88, a P/E/G ratio of 3.44 and a beta of 0.85. The firm has a 50 day simple moving average of $26.71 and a 200 day simple moving average of $26.96. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $34.25.

Invitation Home (NYSE:INVH) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.92 million. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. Invitation Home’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts predict that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is currently 126.32%.

Analyst Ratings Changes

Several analysts have recently weighed in on INVH shares. Oppenheimer dropped their price objective on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a report on Monday, May 18th. Citigroup dropped their price objective on shares of Invitation Home from $36.50 to $31.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. UBS Group dropped their price objective on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Finally, Barclays raised their price objective on shares of Invitation Home from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.59.

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.