B. Metzler seel. Sohn & Co. AG Purchases 34,375 Shares of Invitation Home $INVH

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Invitation Home by 63.9%, owning a total of 88,192 shares worth approximately $3.07 million.
• The CEO, Dallas B. Tanner, sold 148,749 shares at an average price of $33.41, resulting in an 18.79% decrease in his ownership position.
• Invitation Home reported a quarterly revenue of $681.40 million, surpassing analysts' consensus estimates, and set its FY 2025 guidance at 1.880-1.940 EPS.

B. Metzler seel. Sohn & Co. AG grew its stake in shares of Invitation Home (NYSE:INVH - Free Report) by 63.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 88,192 shares of the company's stock after buying an additional 34,375 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Invitation Home were worth $3,073,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Invitation Home by 0.9% during the first quarter. Vanguard Group Inc. now owns 94,306,901 shares of the company's stock valued at $3,286,595,000 after purchasing an additional 829,212 shares in the last quarter. Northern Trust Corp raised its holdings in Invitation Home by 27.3% in the 4th quarter. Northern Trust Corp now owns 6,820,769 shares of the company's stock valued at $218,060,000 after buying an additional 1,463,236 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Invitation Home by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,664,294 shares of the company's stock valued at $232,251,000 after buying an additional 65,843 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its position in Invitation Home by 2.4% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,731,189 shares of the company's stock worth $199,732,000 after buying an additional 134,012 shares during the period. Finally, Nuveen LLC bought a new stake in Invitation Home during the 1st quarter worth approximately $148,870,000. Institutional investors and hedge funds own 96.79% of the company's stock.

Insider Buying and Selling at Invitation Home

In related news, CEO Dallas B. Tanner sold 148,749 shares of the stock in a transaction on Friday, June 13th. The shares were sold at an average price of $33.41, for a total transaction of $4,969,704.09. Following the transaction, the chief executive officer directly owned 642,973 shares of the company's stock, valued at $21,481,727.93. This represents a 18.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.29% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

INVH has been the subject of several recent research reports. Scotiabank decreased their price target on shares of Invitation Home from $38.00 to $36.00 and set a "sector performer" rating for the company in a research report on Thursday, August 28th. Citigroup raised shares of Invitation Home from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $35.00 to $38.50 in a research note on Friday, June 6th. Royal Bank Of Canada lowered their target price on Invitation Home from $35.00 to $34.00 and set a "sector perform" rating for the company in a research report on Friday, August 1st. Barclays cut their target price on Invitation Home from $40.00 to $37.00 and set an "overweight" rating on the stock in a report on Tuesday, August 12th. Finally, Raymond James Financial upped their price target on Invitation Home from $36.00 to $39.00 and gave the company an "outperform" rating in a research report on Friday, May 9th. Eight analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $36.85.

Invitation Home Trading Down 3.3%

Invitation Home stock traded down $1.04 during trading hours on Tuesday, reaching $30.26. 1,818,585 shares of the company's stock were exchanged, compared to its average volume of 3,304,848. The firm's 50 day simple moving average is $31.53 and its 200 day simple moving average is $32.81. Invitation Home has a twelve month low of $29.37 and a twelve month high of $37.80. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $18.55 billion, a PE ratio of 34.38, a PEG ratio of 3.13 and a beta of 0.82.

Invitation Home (NYSE:INVH - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. The company had revenue of $681.40 million for the quarter, compared to analyst estimates of $675.01 million. Invitation Home had a return on equity of 5.56% and a net margin of 20.36%.The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 EPS. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. Research analysts predict that Invitation Home will post 1.83 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Thursday, June 26th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $1.16 annualized dividend and a dividend yield of 3.8%. Invitation Home's dividend payout ratio (DPR) is 131.82%.

Invitation Home Profile

Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, Together with you, we make a house a home, reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.