Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Holdings in Invitation Home $INVH

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Invitation Home (NYSE:INVH) by 19.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,933 shares of the company’s stock after purchasing an additional 17,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Invitation Home were worth $3,606,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Horizon Investments LLC grew its position in shares of Invitation Home by 5.0% during the first quarter. Horizon Investments LLC now owns 8,182 shares of the company’s stock valued at $285,000 after purchasing an additional 386 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Invitation Home by 2.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company’s stock valued at $561,000 after purchasing an additional 399 shares in the last quarter. New England Research & Management Inc. grew its position in shares of Invitation Home by 0.9% during the second quarter. New England Research & Management Inc. now owns 46,214 shares of the company’s stock valued at $1,516,000 after purchasing an additional 400 shares in the last quarter. Commerce Bank grew its position in shares of Invitation Home by 4.2% during the first quarter. Commerce Bank now owns 10,197 shares of the company’s stock valued at $355,000 after purchasing an additional 414 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Invitation Home by 49.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,272 shares of the company’s stock valued at $42,000 after purchasing an additional 421 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Up 3.4%

Shares of NYSE INVH opened at $28.42 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.02 and a quick ratio of 0.02. The company has a market cap of $17.42 billion, a P/E ratio of 29.91, a PEG ratio of 2.75 and a beta of 0.81. Invitation Home has a 1 year low of $27.38 and a 1 year high of $35.80. The firm has a 50-day simple moving average of $29.37 and a two-hundred day simple moving average of $31.60.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.47. The business had revenue of $688.17 million during the quarter, compared to the consensus estimate of $679.41 million. Invitation Home had a net margin of 21.70% and a return on equity of 6.01%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 earnings per share. Invitation Home has set its FY 2025 guidance at 1.900-1.940 EPS. Research analysts anticipate that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 25th were paid a $0.29 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $1.16 annualized dividend and a yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is presently 122.11%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on INVH shares. JPMorgan Chase & Co. upgraded Invitation Home from a “neutral” rating to an “overweight” rating and set a $38.00 price objective for the company in a research report on Friday, October 17th. Royal Bank Of Canada dropped their price target on Invitation Home from $35.00 to $34.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Scotiabank dropped their price target on Invitation Home from $38.00 to $36.00 and set a “sector performer” rating for the company in a research report on Thursday, August 28th. Mizuho dropped their price target on Invitation Home from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Tuesday, October 21st. Finally, Evercore ISI dropped their price target on Invitation Home from $35.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, October 13th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.97.

About Invitation Home

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.