Invitation Home $INVH Shares Sold by Twin Tree Management LP

Key Points

• Twin Tree Management LP significantly reduced its stake in Invitation Home (INVH) by 51.1% during the second quarter, now holding 16,624 shares valued at approximately $545,000.
• Several institutional investors increased their holdings in Invitation Home, with UBS Asset Management raising its stake by an impressive 1,019.8%, owning over 6 million shares post-purchase.
• Analysts have mixed views on the stock, with JPMorgan upgrading INVH to an "overweight" rating and establishing a price target of $38.00, while others have lowered their targets.

Twin Tree Management LP reduced its position in shares of Invitation Home (NYSE:INVH - Free Report) by 51.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,624 shares of the company's stock after selling 17,379 shares during the period. Twin Tree Management LP's holdings in Invitation Home were worth $545,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position 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 worth $3,286,595,000 after purchasing an additional 829,212 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Invitation Home by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,664,294 shares of the company's stock worth $232,251,000 after buying an additional 65,843 shares during the last quarter. Resolution Capital Ltd increased its stake in shares of Invitation Home by 24.6% in the first quarter. Resolution Capital Ltd now owns 6,456,230 shares of the company's stock worth $225,000,000 after buying an additional 1,273,244 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Invitation Home by 1,019.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,152,508 shares of the company's stock worth $214,415,000 after buying an additional 5,603,077 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC increased its stake in shares of Invitation Home by 2.4% in the first 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 last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on INVH shares. Weiss Ratings restated a "hold (c)" rating on shares of Invitation Home in a research note on Wednesday, October 8th. JPMorgan Chase & Co. upgraded shares of Invitation Home from a "neutral" rating to an "overweight" rating and set a $38.00 price target for the company in a research note on Friday. Evercore ISI dropped their price target on shares of Invitation Home from $35.00 to $34.00 and set an "outperform" rating for the company in a research note on Monday, October 13th. Wells Fargo & Company dropped their price target on shares of Invitation Home from $33.00 to $31.00 and set an "equal weight" rating for the company in a research note on Monday, October 13th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Invitation Home from $37.00 to $33.00 and set a "market perform" rating for the company in a research note on Wednesday, August 6th. Nine research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Invitation Home currently has an average rating of "Moderate Buy" and a consensus price target of $36.34.

Invitation Home Stock Up 0.2%

INVH stock opened at $28.51 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a 1-year low of $27.71 and a 1-year high of $35.80. The firm has a fifty day moving average price of $29.69 and a two-hundred day moving average price of $31.83. The firm has a market cap of $17.48 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 2.84 and a beta of 0.81.

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

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 25th were given a dividend of $0.29 per share. The ex-dividend date was Thursday, September 25th. This represents a $1.16 annualized dividend and a dividend yield of 4.1%. Invitation Home's dividend payout ratio is currently 131.82%.

Invitation Home Company 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.

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