19,051 Shares in Invitation Home $INVH Bought by Evolve Private Wealth LLC

Evolve Private Wealth LLC acquired a new position in Invitation Home (NYSE:INVH) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 19,051 shares of the company’s stock, valued at approximately $581,000.

Several other large investors have also recently bought and sold shares of INVH. Clearstead Trust LLC purchased a new stake in shares of Invitation Home during the 2nd quarter worth $28,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Invitation Home by 136,000.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock worth $40,000 after purchasing an additional 1,360 shares during the period. Prosperity Bancshares Inc acquired a new position in shares of Invitation Home during the 4th quarter worth $42,000. MUFG Securities EMEA plc purchased a new position in shares of Invitation Home in the 2nd quarter valued at about $55,000. Finally, AdvisorNet Financial Inc increased its holdings 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 valued at $46,000 after purchasing an additional 1,845 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Up 1.1%

NYSE:INVH opened at $30.45 on Tuesday. The company has a market capitalization of $17.98 billion, a PE ratio of 27.94, a price-to-earnings-growth ratio of 4.30 and a beta of 0.83. The company has a quick ratio of 0.02, a current 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 $31.38. The stock has a fifty day simple moving average of $29.88 and a 200-day simple moving average of $28.06.

Invitation Home (NYSE:INVH) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The firm had revenue of $747.55 million for the quarter, compared to analysts’ expectations of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts expect that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, June 25th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s dividend payout ratio is 110.09%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on INVH shares. Barclays boosted their price objective on shares of Invitation Home from $32.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. UBS Group increased their target price on shares of Invitation Home from $32.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Evercore reiterated an “outperform” rating and set a $32.00 price target on shares of Invitation Home in a research report on Friday, May 1st. Oppenheimer boosted their price target on Invitation Home from $31.00 to $33.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Compass Point raised Invitation Home to a “hold” rating in a research note on Thursday, July 9th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $32.68.

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.