Krilogy Financial LLC Acquires 21,887 Shares of Invitation Home $INVH

Krilogy Financial LLC increased its holdings in Invitation Home (NYSE:INVH) by 234.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,231 shares of the company’s stock after acquiring an additional 21,887 shares during the period. Krilogy Financial LLC’s holdings in Invitation Home were worth $834,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Invitation Home during the 2nd quarter worth approximately $1,866,973,000. Dimensional Fund Advisors LP lifted its holdings in shares of Invitation Home by 1.6% in the first quarter. Dimensional Fund Advisors LP now owns 8,379,282 shares of the company’s stock valued at $208,225,000 after purchasing an additional 132,006 shares in the last quarter. Deutsche Bank AG bought a new position in shares of Invitation Home in the second quarter valued at approximately $193,539,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Invitation Home by 74,699.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,971,242 shares of the company’s stock valued at $180,391,000 after purchasing an additional 5,963,259 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in shares of Invitation Home during the second quarter valued at approximately $140,427,000. Institutional investors own 96.79% of the company’s stock.

Invitation Home Stock Up 1.0%

INVH stock traded up $0.27 during trading on Friday, reaching $27.07. The stock had a trading volume of 4,495,843 shares, compared to its average volume of 5,672,789. Invitation Home has a one year low of $24.25 and a one year high of $30.89. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44. The company’s 50 day moving average is $28.02 and its two-hundred day moving average is $28.47. The company has a market capitalization of $15.99 billion, a price-to-earnings ratio of 24.83, a P/E/G ratio of 3.99 and a beta of 0.82.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.17 by $0.34. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The firm had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. During the same quarter last year, the business posted $0.48 EPS. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Equities research analysts forecast that Invitation Home will post 1.90 EPS for the current year.

Invitation Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, September 24th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.20 annualized dividend and a dividend yield of 4.4%. Invitation Home’s dividend payout ratio is currently 110.09%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on INVH. Wells Fargo & Company raised Invitation Home from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $31.00 to $33.00 in a research report on Wednesday, June 24th. UBS Group lowered their price target on Invitation Home from $35.00 to $31.00 and set a “buy” rating for the company in a research report on Monday. Oppenheimer raised their price objective on Invitation Home from $31.00 to $33.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Barclays cut their price objective on shares of Invitation Home from $36.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Citigroup reaffirmed a “buy” rating on shares of Invitation Home in a report on Thursday, August 6th. Eleven equities research 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. Based on data from MarketBeat, Invitation Home has a consensus rating of “Hold” and a consensus target price of $32.15.

Invitation Home Profile

Invitation Homes Inc (NYSE: INVH) is a real estate investment trust that owns, leases and operates single-family homes in the United States. The company provides professionally managed rental housing, offering residents access to detached homes with services that generally include leasing, property management, maintenance and resident support.

Invitation Homes serves communities across a broad group of U.S. markets, with a significant presence in the Sun Belt and other high-growth metropolitan areas.