Cbre Investment Management Listed Real Assets LLC Decreases Stock Position in Invitation Home $INVH

Cbre Investment Management Listed Real Assets LLC lessened its position in Invitation Home (NYSE:INVH) by 48.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,719,689 shares of the company’s stock after selling 1,618,621 shares during the quarter. Cbre Investment Management Listed Real Assets LLC’s holdings in Invitation Home were worth $47,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. lifted its position in shares of Invitation Home by 12.3% in the third quarter. Assetmark Inc. now owns 4,060 shares of the company’s stock valued at $119,000 after acquiring an additional 446 shares in the last quarter. Clearstead Advisors LLC lifted its position in shares of Invitation Home by 24.9% in the third quarter. Clearstead Advisors LLC now owns 2,255 shares of the company’s stock valued at $66,000 after acquiring an additional 450 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Invitation Home by 59.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,255 shares of the company’s stock valued at $36,000 after acquiring an additional 466 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position 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 acquiring an additional 484 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Invitation Home by 21.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company’s stock valued at $93,000 after acquiring an additional 564 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

NYSE:INVH opened at $29.13 on Tuesday. Invitation Home has a 52 week low of $24.25 and a 52 week high of $34.25. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $17.30 billion, a P/E ratio of 30.66, a P/E/G ratio of 3.44 and a beta of 0.85. The stock’s fifty day moving average is $27.21 and its two-hundred day moving average is $26.99.

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

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were given a $0.30 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. Invitation Home’s payout ratio is currently 126.32%.

Analysts Set New Price Targets

INVH has been the topic of a number of analyst reports. Mizuho reduced their price objective on Invitation Home from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Evercore reiterated an “outperform” rating and set a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. Oppenheimer reduced their price objective on Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Citigroup reduced their price objective on Invitation Home from $36.50 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Finally, Morgan Stanley reduced their price objective on Invitation Home from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $31.50.

Invitation Home Profile

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.