9,431 Shares in Invitation Home $INVH Purchased by Jump Financial LLC

Key Points

• Jump Financial LLC acquired 9,431 shares of Invitation Home, increasing its investment in the company valued at approximately $329,000 in the first quarter.
• Analysts have mixed outlooks for Invitation Home, with target prices ranging from $36.00 to $43.00, while the stock has an average rating of "Hold" and a consensus target of $36.85.
• Invitation Home announced a quarterly dividend of $0.29, which represents an annualized yield of 3.8% and has a high payout ratio of 131.82%.

Jump Financial LLC acquired a new stake in shares of Invitation Home (NYSE:INVH - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,431 shares of the company's stock, valued at approximately $329,000.

Other institutional investors also recently made changes to their positions in the company. Toronto Dominion Bank grew its stake in shares of Invitation Home by 6.6% during the 4th quarter. Toronto Dominion Bank now owns 306,352 shares of the company's stock valued at $9,794,000 after buying an additional 19,084 shares during the period. GF Fund Management CO. LTD. purchased a new stake in shares of Invitation Home during the 4th quarter valued at $338,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Invitation Home by 9.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company's stock valued at $520,000 after buying an additional 1,268 shares during the period. 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 purchasing an additional 134,012 shares during the period. Finally, FORA Capital LLC purchased a new stake in Invitation Home during the 4th quarter worth $265,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

INVH has been the subject of a number of research reports. Citigroup raised shares of Invitation Home from a "neutral" rating to a "buy" rating and upped their price target for the stock from $35.00 to $38.50 in a research report on Friday, June 6th. 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. Royal Bank Of Canada decreased their price target on shares of 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 decreased their price target on shares of 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. Finally, Barclays decreased their price target on shares of Invitation Home from $40.00 to $37.00 and set an "overweight" rating for the company in a research report on Tuesday, August 12th. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $36.85.

Invitation Home Stock Down 0.5%

NYSE:INVH traded down $0.14 on Friday, reaching $30.21. The stock had a trading volume of 5,418,732 shares, compared to its average volume of 3,487,321. The stock has a market cap of $18.52 billion, a P/E ratio of 34.33, a price-to-earnings-growth ratio of 3.02 and a beta of 0.82. The company has a 50-day moving average of $31.30 and a 200 day moving average of $32.77. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.47. Invitation Home has a 12-month low of $29.37 and a 12-month high of $37.24.

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

Invitation Home Dividend Announcement

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

Insider Activity

In other news, CEO Dallas B. Tanner sold 148,749 shares of the company's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $33.41, for a total value of $4,969,704.09. Following the sale, the chief executive officer owned 642,973 shares in the company, valued at approximately $21,481,727.93. This represents a 18.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.29% of the company's stock.

About Invitation Home

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.