Sterling Capital Management LLC Sells 19,295 Shares of Invitation Home $INVH

Sterling Capital Management LLC cut its stake in shares of Invitation Home (NYSE:INVHFree Report) by 19.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 78,677 shares of the company’s stock after selling 19,295 shares during the quarter. Sterling Capital Management LLC’s holdings in Invitation Home were worth $1,955,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in INVH. Aurora Investment Managers LLC. bought a new position in shares of Invitation Home during the fourth quarter worth about $2,740,000. Swiss Life Asset Management Ltd boosted its holdings in Invitation Home by 189.8% in the third quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock valued at $4,056,000 after acquiring an additional 90,554 shares during the last quarter. Tudor Investment Corp ET AL boosted its holdings in Invitation Home by 570.5% in the third quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock valued at $3,842,000 after acquiring an additional 111,461 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Invitation Home during the 3rd quarter valued at approximately $1,549,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Invitation Home by 3.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,413,502 shares of the company’s stock valued at $67,071,000 after purchasing an additional 74,029 shares during the period. Institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Up 0.3%

Shares of INVH stock opened at $30.54 on Tuesday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $33.21. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. The stock has a 50 day simple moving average of $28.79 and a two-hundred day simple moving average of $27.21. The company has a market cap of $18.14 billion, a P/E ratio of 32.15, a PEG ratio of 3.57 and a beta of 0.85.

Invitation Home (NYSE:INVHGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.91 million. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $1.20 annualized dividend and a yield of 3.9%. Invitation Home’s dividend payout ratio is currently 126.32%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on INVH shares. Wall Street Zen upgraded shares of Invitation Home from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Cfra cut shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. Evercore reissued an “outperform” rating and set a $32.00 target price on shares of Invitation Home in a research note on Friday, May 1st. BMO Capital Markets lifted their target price on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “market perform” rating in a research note on Monday, June 15th. Finally, Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a report on Monday, May 18th. Ten investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $32.11.

View Our Latest Stock Analysis on Invitation Home

About Invitation Home

(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.

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

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