BTC Capital Management Inc. Grows Stake in Invitation Home $INVH

BTC Capital Management Inc. raised its position in Invitation Home (NYSE:INVH) by 51.2% during the first quarter, Holdings Channel reports. The fund owned 208,553 shares of the company’s stock after acquiring an additional 70,611 shares during the period. BTC Capital Management Inc.’s holdings in Invitation Home were worth $5,181,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. OP Asset Management Ltd bought a new stake in shares of Invitation Home during the 1st quarter valued at about $1,457,000. AdvisorNet Financial Inc lifted its stake in shares of Invitation Home by 7,687.5% in the 1st quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock worth $46,000 after purchasing an additional 1,845 shares during the period. SG Americas Securities LLC lifted its stake in shares of Invitation Home by 127.8% in the 1st quarter. SG Americas Securities LLC now owns 2,743,929 shares of the company’s stock worth $68,187,000 after purchasing an additional 1,539,466 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of Invitation Home by 122.1% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 58,850 shares of the company’s stock worth $1,462,000 after buying an additional 32,353 shares during the last quarter. Finally, Aventus Investment Advisors Inc. purchased a new position in shares of Invitation Home in the first quarter worth approximately $50,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Home Stock Performance

INVH stock opened at $29.62 on Thursday. Invitation Home has a twelve month low of $24.25 and a twelve month high of $33.94. The business’s fifty day simple moving average is $28.56 and its two-hundred day simple moving average is $27.13. The firm has a market cap of $17.60 billion, a price-to-earnings ratio of 31.18, a PEG ratio of 3.41 and a beta of 0.85. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The company had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $689.91 million. During the same period in the previous year, the company earned $0.48 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Analysts predict that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, June 25th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, June 25th. Invitation Home’s payout ratio is presently 126.32%.

Wall Street Analyst Weigh In

INVH has been the subject of a number of recent research reports. Keefe, Bruyette & Woods boosted their price objective on shares of Invitation Home from $28.00 to $29.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Mizuho increased their price objective on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. BMO Capital Markets raised their price objective on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research report on Monday, June 15th. UBS Group cut their target price 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, Weiss Ratings upgraded shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $32.11.

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.