Inspire Investing LLC Raises Holdings in Invitation Home $INVH

Inspire Investing LLC lifted its stake in Invitation Home (NYSE:INVH) by 8.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,683 shares of the company’s stock after purchasing an additional 5,283 shares during the period. Inspire Investing LLC’s holdings in Invitation Home were worth $2,220,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Harbor Capital Advisors Inc. purchased a new stake in Invitation Home during the 2nd quarter worth about $30,000. Larson Financial Group LLC increased its position in Invitation Home by 1,313.8% during the 1st quarter. Larson Financial Group LLC now owns 919 shares of the company’s stock worth $32,000 after purchasing an additional 854 shares during the period. GKV Capital Management Co. Inc. acquired a new position in Invitation Home during the 1st quarter worth approximately $37,000. Zions Bancorporation National Association UT purchased a new stake in shares of Invitation Home during the 1st quarter worth approximately $40,000. Finally, North Capital Inc. purchased a new stake in shares of Invitation Home during the 1st quarter worth approximately $41,000. 96.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on INVH shares. Keefe, Bruyette & Woods reduced their target price on Invitation Home from $37.00 to $33.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 6th. Barclays cut their target price on Invitation Home from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Invitation Home in a report on Wednesday. Scotiabank lowered their price target on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating for the company in a report on Thursday, August 28th. Finally, Evercore ISI lowered their price target on Invitation Home from $36.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, September 15th. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $36.43.

Invitation Home Stock Performance

Shares of INVH stock opened at $27.96 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.02 and a current ratio of 0.02. The company’s 50-day simple moving average is $29.87 and its 200-day simple moving average is $32.04. Invitation Home has a one year low of $27.71 and a one year high of $35.80. The stock has a market capitalization of $17.14 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 2.80 and a beta of 0.81.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. The company had revenue of $681.40 million for the quarter, compared to analyst estimates of $675.01 million. During the same quarter last year, the business earned $0.47 earnings per share. Invitation Home’s revenue was up 4.3% compared to the same quarter last year. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. Equities analysts anticipate that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Thursday, September 25th will be issued a dividend of $0.29 per share. The ex-dividend date is Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 4.1%. Invitation Home’s payout ratio is presently 131.82%.

Invitation Home Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.