Jupiter Topco LLC Makes New $4.24 Million Investment in Invitation Home $INVH

Key Points

• Jupiter Topco LLC acquired 140,383 shares of Invitation Home in the second quarter, valued at approximately $4.24 million. Institutional investors collectively own 96.79% of the company.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $32.53, compared with the stock’s quoted price of $29.12.
• Invitation Home exceeded quarterly earnings and revenue expectations, reporting $0.51 EPS and $747.55 million in revenue, while maintaining a quarterly dividend of $0.30 per share, equivalent to a 4.1% annualized yield.

Jupiter Topco LLC bought a new stake in Invitation Home (NYSE:INVH - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 140,383 shares of the company's stock, valued at approximately $4,243,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its position in Invitation Home by 2.4% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,257 shares of the company's stock worth $563,000 after acquiring an additional 484 shares during the last quarter. LPL Financial LLC increased 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 valued at $2,047,000 after buying an additional 503 shares during the period. Commonwealth Equity Services LLC increased 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 valued at $294,000 after buying an additional 516 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Invitation Home by 21.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,171 shares of the company's stock valued at $93,000 after buying an additional 564 shares during the last quarter. Finally, SCS Capital Management LLC raised its holdings in Invitation Home by 3.4% in the 4th quarter. SCS Capital Management LLC now owns 17,908 shares of the company's stock valued at $498,000 after buying an additional 582 shares during the last quarter. Institutional investors own 96.79% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on INVH shares. Raymond James Financial upgraded shares of Invitation Home from a "market perform" rating to an "outperform" rating and set a $32.00 price objective for the company in a research report on Monday, May 18th. JPMorgan Chase & Co. boosted their target price on shares of Invitation Home from $33.00 to $34.00 and gave the company an "overweight" rating in a report on Tuesday, August 25th. Keefe, Bruyette & Woods upped their price target on shares of Invitation Home from $29.00 to $31.00 and gave the company a "market perform" rating in a research report on Wednesday, August 5th. Citigroup reiterated a "buy" rating on shares of Invitation Home in a report on Thursday, August 6th. Finally, BMO Capital Markets lifted their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a "market perform" rating in a research report on Monday, June 15th. Ten investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $32.53.

Invitation Home Trading Down 0.1%

Shares of Invitation Home stock opened at $29.12 on Wednesday. The company has a market capitalization of $17.20 billion, a P/E ratio of 26.72, a price-to-earnings-growth ratio of 4.16 and a beta of 0.83. The stock has a fifty day simple moving average of $29.98 and a 200 day simple moving average of $28.18. Invitation Home has a 12-month low of $24.25 and a 12-month high of $31.16. 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 (NYSE:INVH - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.34. The company had revenue of $747.55 million for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, sell-side analysts anticipate that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders 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 4.1%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home's payout ratio is presently 110.09%.

Invitation Home Profile

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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