Plato Investment Management Ltd Buys Shares of 73,502 Invitation Home $INVH

Key Points

• Plato Investment Management initiated a 73,502-share stake in Invitation Home during the second quarter, valued at approximately $2.21 million. Institutional investors collectively own 96.79% of the company.
• Analyst sentiment is mixed, with 10 Buy, 10 Hold, and 1 Sell rating; the stock has an average target price of $32.68 versus its recent price of $29.75.
• Invitation Home exceeded quarterly expectations, reporting $0.51 in EPS and $747.55 million in revenue, up 9.7% year over year. The company also pays a quarterly dividend of $0.30, representing a 4.0% annualized yield.

Plato Investment Management Ltd bought a new stake in shares of Invitation Home (NYSE:INVH - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 73,502 shares of the company's stock, valued at approximately $2,208,000.

A number of other hedge funds have also recently made changes to their positions in INVH. Clearstead Trust LLC bought a new position in Invitation Home during the 2nd quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company's stock worth $40,000 after acquiring an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in shares of Invitation Home in the fourth quarter worth $42,000. AdvisorNet Financial Inc grew its stake in shares of Invitation Home by 7,687.5% in the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company's stock worth $46,000 after acquiring an additional 1,845 shares during the last quarter. Finally, Essential Partners LLC increased its holdings in shares of Invitation Home by 353.7% during the first quarter. Essential Partners LLC now owns 1,883 shares of the company's stock valued at $47,000 after acquiring an additional 1,468 shares in the last quarter. 96.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on INVH shares. Citigroup reissued a "buy" rating on shares of Invitation Home in a research report on Thursday, August 6th. Royal Bank Of Canada lifted their target price on shares of Invitation Home from $28.00 to $30.00 and gave the stock a "sector perform" rating in a report on Friday, May 1st. Jefferies Financial Group upgraded shares of Invitation Home to a "hold" rating in a research note on Wednesday, July 22nd. Oppenheimer increased their price target on shares of Invitation Home from $31.00 to $33.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Finally, Mizuho raised their price target on shares of Invitation Home from $26.00 to $31.00 and gave the company a "neutral" rating in a research report on Wednesday, June 17th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $32.68.

Invitation Home Trading Down 1.8%

Invitation Home stock opened at $29.75 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a one year low of $24.25 and a one year high of $31.38. The stock has a market capitalization of $17.57 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 4.33 and a beta of 0.83. The business's fifty day moving average is $29.82 and its 200 day moving average is $27.92.

Invitation Home (NYSE:INVH - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.17 by $0.34. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The company had revenue of $747.55 million during the quarter, compared to the consensus estimate of $731.13 million. During the same period last year, the company earned $0.48 EPS. Invitation Home's revenue for the quarter was up 9.7% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, sell-side analysts predict that Invitation Home will post 1.89 EPS for the current year.

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.0%. Invitation Home's payout ratio is currently 110.09%.

Invitation Home Company 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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