UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Boosts Stock Position in Invitation Home $INVH

Key Points

• UBS AM significantly increased its stake in Invitation Home by 1,019.8% during the first quarter, now owning over 6 million shares valued at approximately $214.4 million.
• Several institutional investors have also boosted their holdings in Invitation Home, with 96.79% of the stock currently owned by hedge funds and other institutional investors.
• The stock has a consensus rating of "Hold" from analysts, with a target price cut from $40.00 to $36.00 by Scotiabank, reflecting a cautious outlook despite recent earnings meeting expectations.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Invitation Home (NYSE:INVH - Free Report) by 1,019.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,152,508 shares of the company's stock after acquiring an additional 5,603,077 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.00% of Invitation Home worth $214,415,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Snowden Capital Advisors LLC raised its stake in Invitation Home by 2.6% during the 4th 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 Invitation Home by 5.0% during the 1st 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 Invitation Home by 2.5% during the 1st 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 1st quarter. Commerce Bank now owns 10,197 shares of the company's stock worth $355,000 after buying an additional 414 shares in the last quarter. Finally, GF Fund Management CO. LTD. raised its stake in shares of Invitation Home by 4.2% during the 1st quarter. GF Fund Management CO. LTD. now owns 11,023 shares of the company's stock worth $384,000 after buying an additional 448 shares in the last quarter. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on INVH shares. Scotiabank cut their target price on Invitation Home from $38.00 to $36.00 and set a "sector performer" rating for the company in a research note on Thursday, August 28th. Barclays cut their target price on Invitation Home from $40.00 to $37.00 and set an "overweight" rating for the company in a research note on Tuesday, August 12th. Wells Fargo & Company cut their target price on 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. Royal Bank Of Canada cut their target price on Invitation Home from $35.00 to $34.00 and set a "sector perform" rating for the company in a research note on Friday, August 1st. Finally, Citigroup raised Invitation Home from a "neutral" rating to a "buy" rating and increased their target price for the stock from $35.00 to $38.50 in a research note on Friday, June 6th. Eight investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $36.85.

Invitation Home Stock Performance

INVH opened at $30.61 on Friday. The stock has a market cap of $18.76 billion, a P/E ratio of 34.78, a P/E/G ratio of 3.00 and a beta of 0.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.02 and a quick ratio of 0.02. The stock's 50 day simple moving average is $31.11 and its 200 day simple moving average is $32.71. Invitation Home has a 1-year low of $29.37 and a 1-year high of $37.24.

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

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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