Algert Global LLC Has $11.04 Million Holdings in Invitation Home $INVH

Algert Global LLC trimmed its position in shares of Invitation Home (NYSE:INVH - Free Report) by 21.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 365,400 shares of the company's stock after selling 99,714 shares during the quarter. Algert Global LLC owned 0.06% of Invitation Home worth $11,039,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Sequoia Financial Advisors LLC boosted its stake in Invitation Home by 2.4% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company's stock valued at $563,000 after purchasing an additional 484 shares during the last quarter. LPL Financial LLC raised its stake in shares of Invitation Home by 0.7% in the fourth quarter. LPL Financial LLC now owns 73,676 shares of the company's stock worth $2,047,000 after purchasing an additional 503 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invitation Home by 5.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,575 shares of the company's stock worth $294,000 after purchasing an additional 516 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invitation Home by 21.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company's stock valued at $93,000 after purchasing an additional 564 shares in the last quarter. Finally, SCS Capital Management LLC lifted its holdings in shares of Invitation Home by 3.4% in the fourth quarter. SCS Capital Management LLC now owns 17,908 shares of the company's stock valued at $498,000 after purchasing an additional 582 shares in the last quarter. 96.79% of the stock is owned by institutional investors.

Invitation Home Stock Performance

Shares of Invitation Home stock opened at $30.23 on Wednesday. The business's fifty day simple moving average is $29.90 and its 200 day simple moving average is $28.08. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.44. Invitation Home has a 12 month low of $24.25 and a 12 month high of $31.33. The firm has a market capitalization of $17.85 billion, a P/E ratio of 27.73, a price-to-earnings-growth ratio of 4.35 and a beta of 0.83.

Invitation Home (NYSE:INVH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.34. The firm had revenue of $747.55 million during the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business's revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, analysts anticipate that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home's dividend payout ratio (DPR) is 110.09%.

Wall Street Analysts Forecast Growth

INVH has been the subject of several recent research reports. Wells Fargo & Company upgraded Invitation Home from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $31.00 to $33.00 in a report on Wednesday, June 24th. Keefe, Bruyette & Woods lifted their price objective on shares of Invitation Home from $29.00 to $31.00 and gave the stock a "market perform" rating in a report on Wednesday, August 5th. Citigroup reiterated a "buy" rating on shares of Invitation Home in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Invitation Home from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, June 1st. Finally, Cfra lowered shares of Invitation Home from a "hold" rating to a "sell" rating and dropped their price target for the company from $29.00 to $27.00 in a research report on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $32.53.

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.

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