301,739 Shares in Invitation Home $INVH Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new stake in shares of Invitation Home (NYSE:INVH - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 301,739 shares of the company's stock, valued at approximately $9,116,000. The Manufacturers Life Insurance Company owned approximately 0.05% of Invitation Home as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in INVH. Clearstead Trust LLC bought a new stake in Invitation Home in the 2nd quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd grew its position in Invitation Home by 136,000.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company's stock valued at $40,000 after acquiring an additional 1,360 shares during the last quarter. Prosperity Bancshares Inc bought a new position in Invitation Home during the fourth quarter valued at approximately $42,000. AdvisorNet Financial Inc raised its stake in shares of Invitation Home by 7,687.5% during the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company's stock worth $46,000 after acquiring an additional 1,845 shares in the last quarter. Finally, Essential Partners LLC raised its stake in shares of Invitation Home by 353.7% during the first quarter. Essential Partners LLC now owns 1,883 shares of the company's stock worth $47,000 after acquiring an additional 1,468 shares in the last quarter. Institutional investors own 96.79% of the company's stock.

Invitation Home Stock Performance

Shares of NYSE:INVH opened at $29.30 on Friday. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $29.96 and a 200-day moving average price of $28.14. The company has a market cap of $17.31 billion, a price-to-earnings ratio of 26.88, a price-to-earnings-growth ratio of 4.17 and a beta of 0.83. Invitation Home has a 12 month low of $24.25 and a 12 month high of $31.33.

Invitation Home (NYSE:INVH - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping 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 company had revenue of $747.55 million for the quarter, compared to analysts' expectations of $731.13 million. During the same period last year, the firm earned $0.48 earnings per share. Invitation Home's quarterly revenue was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, equities analysts anticipate that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, June 25th. Invitation Home's dividend payout ratio (DPR) is currently 110.09%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Invitation Home from $33.00 to $34.00 and gave the company an "overweight" rating in a research note on Tuesday, August 25th. UBS Group boosted their price target on shares of Invitation Home from $32.00 to $35.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. Mizuho boosted their price target on shares of Invitation Home from $26.00 to $31.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 17th. 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. Finally, Cfra downgraded Invitation Home from a "hold" rating to a "sell" rating and decreased their price objective for the stock from $29.00 to $27.00 in a report on Wednesday, May 27th. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock 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.

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