Sivia Capital Partners LLC Acquires New Shares in Invitation Home $INVH

Key Points

• Sivia Capital Partners LLC has acquired a new stake in Invitation Home (NYSE: INVH), purchasing 8,746 shares valued at approximately $287,000 during the second quarter.
• Invitation Home reported earnings of $0.48 per share for the latest quarter, meeting analysts' estimates, with revenue of $681.4 million, exceeding expectations.
• The firm will pay a quarterly dividend of $0.29 per share on October 17th, with a current dividend yield of 3.9% despite a high dividend payout ratio of 131.82%.

Sivia Capital Partners LLC acquired a new stake in shares of Invitation Home (NYSE:INVH - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,746 shares of the company's stock, valued at approximately $287,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GF Fund Management CO. LTD. acquired a new stake in shares of Invitation Home during the 4th quarter worth about $338,000. Cbre Investment Management Listed Real Assets LLC grew its stake in Invitation Home by 2.4% during 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. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invitation Home by 9.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,913 shares of the company's stock worth $520,000 after buying an additional 1,268 shares in the last quarter. Jump Financial LLC bought a new position in shares of Invitation Home in the first quarter valued at approximately $329,000. Finally, Pallas Capital Advisors LLC acquired a new position in shares of Invitation Home in the 2nd quarter worth approximately $432,000. Institutional investors and hedge funds own 96.79% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on INVH. Scotiabank cut their price objective on 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. Evercore ISI lowered their target price on Invitation Home from $36.00 to $35.00 and set an "outperform" rating for the company in a research note on Monday, September 15th. Royal Bank Of Canada reduced their price target on shares of Invitation Home from $35.00 to $34.00 and set a "sector perform" rating on the stock in a research report on Friday, August 1st. Barclays decreased their price objective on shares of Invitation Home from $40.00 to $37.00 and set an "overweight" rating on the stock in a report on Tuesday, August 12th. Finally, Wells Fargo & Company dropped their target price on shares of Invitation Home from $34.00 to $33.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 27th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Invitation Home currently has a consensus rating of "Moderate Buy" and an average price target of $36.47.

Invitation Home Trading Up 0.2%

Invitation Home stock traded up $0.05 during trading hours on Monday, reaching $29.69. 4,959,877 shares of the company's stock traded hands, compared to its average volume of 4,042,723. The firm has a market capitalization of $18.20 billion, a price-to-earnings ratio of 33.74, a PEG ratio of 2.96 and a beta of 0.82. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.02 and a current ratio of 0.02. Invitation Home has a fifty-two week low of $29.28 and a fifty-two week high of $36.75. The firm's 50 day moving average is $30.73 and its 200-day moving average is $32.51.

Invitation Home (NYSE:INVH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. Invitation Home had a net margin of 20.36% and a return on equity of 5.56%. The company had revenue of $681.40 million during the quarter, compared to analysts' expectations of $675.01 million. During the same quarter in the previous year, the company earned $0.47 EPS. Invitation Home's revenue was up 4.3% on a year-over-year basis. Invitation Home has set its FY 2025 guidance at 1.880-1.940 EPS. On average, 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 will be paid on Friday, October 17th. Shareholders of record on Thursday, September 25th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $1.16 annualized dividend and a yield of 3.9%. Invitation Home's dividend payout ratio is presently 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.