Caisse de depot et placement du Quebec Takes Position in Invitation Home $INVH

Caisse de depot et placement du Quebec bought a new position in shares of Invitation Home (NYSE:INVH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 799,487 shares of the company’s stock, valued at approximately $24,153,000. Caisse de depot et placement du Quebec owned approximately 0.14% of Invitation Home at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC lifted its holdings in Invitation Home by 67.4% in the 1st quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after buying an additional 29,962 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Invitation Home by 10.7% during the first quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after acquiring an additional 1,290 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Invitation Home during the second quarter worth about $287,000. Cetera Investment Advisers lifted its stake in shares of Invitation Home by 8.5% in the second quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $637,000 after acquiring an additional 1,528 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its stake in shares of Invitation Home by 5.5% in the second quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock worth $515,000 after acquiring an additional 809 shares in the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Invitation Home Price Performance

Shares of INVH opened at $29.30 on Friday. The firm has a market cap of $17.31 billion, a price-to-earnings ratio of 26.88, a PEG ratio of 4.17 and a beta of 0.83. The stock has a 50 day moving average of $29.96 and a 200-day moving average of $28.14. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.33.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. During the same period in the prior year, the company posted $0.48 EPS. The business’s revenue was up 9.7% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, analysts forecast that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 annualized dividend and a yield of 4.1%. Invitation Home’s payout ratio is presently 110.09%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Barclays raised their price objective on Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. BMO Capital Markets increased their target price on Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Cfra downgraded shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their price target for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. Weiss Ratings raised shares of Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Finally, Scotiabank lifted their price target on shares of Invitation Home from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $32.53.

Invitation Home Company 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.