Rakuten Investment Management Inc. Takes Position in Invitation Home $INVH

Key Points

• Rakuten Investment Management acquired 88,985 Invitation Home shares worth approximately $2.72 million during the second quarter. Institutional investors collectively own 96.79% of the company.
• Invitation Home reported quarterly EPS of $0.51, exceeding the $0.17 consensus estimate, while revenue rose 9.7% year over year to $747.55 million.
• The company pays a quarterly dividend of $0.30, equivalent to a 4.1% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $32.53, compared with a share price of $29.30.

Rakuten Investment Management Inc. bought a new position in Invitation Home (NYSE:INVH - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 88,985 shares of the company's stock, valued at approximately $2,722,000.

Several other hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in Invitation Home during the 2nd quarter valued at $28,000. Caitong International Asset Management Co. Ltd grew its holdings in Invitation Home by 136,000.0% in the 3rd 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 during the last quarter. Prosperity Bancshares Inc purchased a new position in shares of Invitation Home in the fourth quarter valued at about $42,000. MUFG Securities EMEA plc purchased a new position in shares of Invitation Home in the second quarter valued at about $55,000. Finally, AdvisorNet Financial Inc increased its position 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 valued at $46,000 after acquiring an additional 1,845 shares during the period. 96.79% of the stock is owned by hedge funds and other institutional investors.

Invitation Home Stock Up 0.2%

Shares of Invitation Home stock opened at $29.30 on Monday. 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 has a 12-month low of $24.25 and a 12-month high of $31.33. The company has a market cap of $17.31 billion, a P/E ratio of 26.88, a PEG ratio of 4.17 and a beta of 0.83. The company's fifty day simple moving average is $29.96 and its two-hundred day simple moving average is $28.15.

Invitation Home (NYSE:INVH - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.17 by $0.34. The firm had revenue of $747.55 million during the quarter, compared to analysts' expectations of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the company posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. Research analysts anticipate 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. Investors of record on Thursday, June 25th were paid a $0.30 dividend. 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 dividend payout ratio is presently 110.09%.

Analysts Set New Price Targets

INVH has been the subject of a number of analyst reports. Mizuho increased their target price on shares of Invitation Home from $26.00 to $31.00 and gave the stock a "neutral" rating in a report on Wednesday, June 17th. Oppenheimer boosted their price target on Invitation Home from $31.00 to $33.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. UBS Group upped their price target on Invitation Home from $32.00 to $35.00 and gave the company a "buy" rating in a research report on Wednesday, July 8th. BMO Capital Markets increased their price objective on Invitation Home from $32.00 to $35.00 and gave the stock a "market perform" rating in a report on Monday, June 15th. Finally, Raymond James Financial upgraded Invitation Home from a "market perform" rating to an "outperform" rating and set a $32.00 price objective for the company in a report on Monday, May 18th. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Invitation Home presently has a consensus rating of "Hold" and a consensus price target of $32.53.

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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