Thrivent Financial for Lutherans Boosts Stake in Invitation Home $INVH

Thrivent Financial for Lutherans raised its position in Invitation Home (NYSE:INVH) by 15.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,056 shares of the company’s stock after buying an additional 18,869 shares during the period. Thrivent Financial for Lutherans’ holdings in Invitation Home were worth $3,837,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INVH. UBS Group AG boosted its position in Invitation Home by 101.4% in the 3rd quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock valued at $145,966,000 after buying an additional 2,505,909 shares during the last quarter. Amundi boosted its position in Invitation Home by 169.0% in the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after buying an additional 2,071,407 shares during the last quarter. AQR Capital Management LLC boosted its position in Invitation Home by 2,205.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,715,777 shares of the company’s stock valued at $56,277,000 after buying an additional 1,641,351 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Invitation Home by 28.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,884,278 shares of the company’s stock valued at $201,920,000 after buying an additional 1,516,886 shares during the last quarter. Finally, Barclays PLC boosted its position in Invitation Home by 98.9% in the 3rd quarter. Barclays PLC now owns 2,657,290 shares of the company’s stock valued at $77,938,000 after buying an additional 1,321,292 shares during the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Barclays upped their price objective on shares of Invitation Home from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Royal Bank Of Canada boosted their target price on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Keefe, Bruyette & Woods boosted their target price on shares of Invitation Home from $28.00 to $29.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Mizuho reduced their price target on shares of Invitation Home from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Finally, KeyCorp decreased their price target on Invitation Home from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Invitation Home presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.59.

Invitation Home Stock Up 1.1%

NYSE:INVH opened at $29.34 on Friday. The company has a market capitalization of $17.43 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 3.41 and a beta of 0.85. Invitation Home has a one year low of $24.25 and a one year high of $34.25. The stock has a 50-day simple moving average of $26.71 and a 200 day simple moving average of $26.96. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02.

Invitation Home (NYSE:INVH) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $579.00 million during the quarter, compared to the consensus estimate of $689.92 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 last year, the firm earned $0.48 earnings per share. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts predict that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

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

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.