Invitation Home $INVH Shares Bought by Baird Financial Group Inc.

Baird Financial Group Inc. raised its holdings in shares of Invitation Home (NYSE:INVH - Free Report) by 73.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,095 shares of the company's stock after purchasing an additional 12,742 shares during the quarter. Baird Financial Group Inc.'s holdings in Invitation Home were worth $1,049,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Deutsche Bank AG grew its stake in shares of Invitation Home by 27.5% during the fourth quarter. Deutsche Bank AG now owns 1,696,345 shares of the company's stock worth $54,232,000 after acquiring an additional 366,308 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in shares of Invitation Home by 413.3% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 570,995 shares of the company's stock worth $18,255,000 after purchasing an additional 459,757 shares during the period. Focus Partners Wealth acquired a new stake in shares of Invitation Home during the fourth quarter worth about $1,663,000. Gotham Asset Management LLC lifted its holdings in Invitation Home by 177.6% in the fourth quarter. Gotham Asset Management LLC now owns 45,702 shares of the company's stock valued at $1,461,000 after acquiring an additional 29,241 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Invitation Home by 0.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109,180 shares of the company's stock valued at $3,490,000 after acquiring an additional 512 shares during the period. Hedge funds and other institutional investors own 96.79% of the company's stock.

Invitation Home Trading Down 1.4%

NYSE:INVH traded down $0.42 during trading hours on Friday, hitting $30.20. The company had a trading volume of 4,652,180 shares, compared to its average volume of 3,427,846. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average of $31.06 and a 200 day moving average of $32.70. The company has a market cap of $18.51 billion, a P/E ratio of 34.32, a P/E/G ratio of 3.06 and a beta of 0.82. Invitation Home has a 1 year low of $29.37 and a 1 year high of $37.24.

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

Invitation Home Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, September 25th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $1.16 annualized dividend and a yield of 3.8%. Invitation Home's dividend payout ratio is presently 131.82%.

Analyst Ratings Changes

INVH has been the subject of a number of analyst reports. Keefe, Bruyette & Woods decreased their price target on Invitation Home from $37.00 to $33.00 and set a "market perform" rating for the company in a report on Wednesday, August 6th. Royal Bank Of Canada cut their price objective 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. Wells Fargo & Company cut their price objective on Invitation Home from $34.00 to $33.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 27th. Scotiabank cut their price objective on 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. Finally, Citigroup upgraded Invitation Home from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $35.00 to $38.50 in a research report on Friday, June 6th. Eight analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Invitation Home presently has an average rating of "Hold" and an average price target of $36.85.

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.