Invitation Home $INVH is PGGM Investments’ 9th Largest Position

PGGM Investments lifted its stake in shares of Invitation Home (NYSE:INVH) by 3.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,868,534 shares of the company’s stock after acquiring an additional 195,814 shares during the quarter. Invitation Home makes up about 2.6% of PGGM Investments’ investment portfolio, making the stock its 9th biggest position. PGGM Investments’ holdings in Invitation Home were worth $163,087,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. CIBC Asset Management Inc lifted its position in shares of Invitation Home by 446.4% during the 3rd quarter. CIBC Asset Management Inc now owns 452,675 shares of the company’s stock worth $13,277,000 after buying an additional 369,831 shares during the last quarter. Aurora Investment Managers LLC. purchased a new stake in shares of Invitation Home during the 4th quarter worth approximately $2,740,000. NEOS Investment Management LLC lifted its position in shares of Invitation Home by 67.6% during the 3rd quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock worth $3,802,000 after buying an additional 52,296 shares during the last quarter. Swiss Life Asset Management Ltd raised its position in Invitation Home by 189.8% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock valued at $4,056,000 after purchasing an additional 90,554 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new stake in Invitation Home in the 3rd quarter valued at $1,549,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. UBS Group reduced their price target on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Raymond James Financial upgraded shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a research report on Monday, May 18th. Wells Fargo & Company reduced their price target on shares of Invitation Home from $31.00 to $28.00 and set an “equal weight” rating for the company in a research report on Thursday, March 5th. Compass Point assumed coverage on shares of Invitation Home in a research report on Tuesday, April 28th. They issued a “neutral” rating and a $30.00 price target for the company. Finally, Morgan Stanley reduced their price target on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Invitation Home has an average rating of “Moderate Buy” and an average price target of $31.59.

Invitation Home Stock Up 0.2%

Shares of Invitation Home stock opened at $29.34 on Tuesday. The company has a market cap of $17.43 billion, a P/E ratio of 30.88, a PEG ratio of 3.44 and a beta of 0.85. 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 has a one year low of $24.25 and a one year high of $34.25. The firm has a fifty day moving average of $26.79 and a two-hundred day moving average of $26.95.

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

Invitation Home Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, March 26th were given a dividend of $0.30 per share. 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 dividend payout ratio is presently 126.32%.

About Invitation Home

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.