Twin Tree Management LP Takes Position in Invitation Home $INVH

Key Points

• Twin Tree Management LP has acquired a new stake in Invitation Home, purchasing 34,003 shares valued at approximately $1,185,000 in the first quarter.
• Invitation Home's CEO, Dallas B. Tanner, sold 148,749 shares for nearly $4.97 million, reducing his ownership by 18.79% in June.
• Wall Street analysts have mixed views on the stock, with a consensus rating of "Hold" and a price target averaging around $36.85, but the firm has received multiple "Buy" ratings as well.

Twin Tree Management LP purchased a new stake in shares of Invitation Home (NYSE:INVH - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 34,003 shares of the company's stock, valued at approximately $1,185,000.

Several other large investors have also recently modified their holdings of the business. Snowden Capital Advisors LLC raised its stake in shares of Invitation Home by 2.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 12,409 shares of the company's stock valued at $400,000 after acquiring an additional 319 shares during the last quarter. Horizon Investments LLC raised its stake in shares of Invitation Home by 5.0% during the first quarter. Horizon Investments LLC now owns 8,182 shares of the company's stock valued at $285,000 after acquiring an additional 386 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of Invitation Home by 2.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 16,099 shares of the company's stock valued at $561,000 after acquiring an additional 399 shares during the last quarter. Commerce Bank raised its stake in shares of Invitation Home by 4.2% during the first quarter. Commerce Bank now owns 10,197 shares of the company's stock valued at $355,000 after acquiring an additional 414 shares during the last quarter. Finally, GF Fund Management CO. LTD. raised its stake in shares of Invitation Home by 4.2% during the first quarter. GF Fund Management CO. LTD. now owns 11,023 shares of the company's stock valued at $384,000 after acquiring an additional 448 shares during the last quarter. Institutional investors own 96.79% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Invitation Home from $37.00 to $33.00 and set a "market perform" rating for the company in a research note on Wednesday, August 6th. Citigroup raised shares of Invitation Home from a "neutral" rating to a "buy" rating and raised their price target for the company from $35.00 to $38.50 in a research note on Friday, June 6th. The Goldman Sachs Group increased their price objective on shares of Invitation Home from $39.00 to $43.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Barclays decreased their price objective 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. Finally, Wells Fargo & Company decreased their price objective 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. Eight investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $36.85.

Insider Buying and Selling

In other Invitation Home news, CEO Dallas B. Tanner sold 148,749 shares of the firm's stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 642,973 shares in the company, valued at approximately $21,481,727.93. This trade represents a 18.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.29% of the company's stock.

Invitation Home Trading Up 1.2%

INVH opened at $31.32 on Monday. Invitation Home has a twelve month low of $29.37 and a twelve month high of $37.80. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.47. The company has a fifty day moving average of $31.58 and a 200-day moving average of $32.81. The stock has a market cap of $19.20 billion, a PE ratio of 35.59, a price-to-earnings-growth ratio of 3.13 and a beta of 0.82.

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

Invitation Home Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Thursday, June 26th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Thursday, June 26th. Invitation Home's dividend payout ratio (DPR) 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.

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