The Rhumbline Advisers and Rothschild Investment LLC has increased their shareholding in Invitation Homes by purchasing more shares. In addition, the company has experienced a rating upgrade from Citigroup to Buy due to its optimistic outlook and a surge in stock price. This development led to Citigroup and Scotiabank raising their price target for the stock. The Toronto Dominion Bank and Deutsche Bank AG have also purchased significant numbers of shares.
Furthermore, the company announced the launch of its Developer Lending Program and an $200 million joint venture while retaining the capacity to expand its portfolio with a $100M investment in new homes. The Financial Services LLC, GAMMA Investing LLC and Voloridge Investment Management LLC have adjusted their holdings in INVH. Invitation Homes has reported strong first, third and fourth quarter results for 2024 and 2025 with the former exceeding earnings estimates. Despite facing supply headwinds, as indicated in a SWOT analysis, Invitation Homes has a favourable risk/return profile while experiencing increased stake from several investment management companies.
Invitation Homes INVH News Analytics from Mon, 09 Sep 2024 07:00:00 GMT to Sat, 07 Jun 2025 17:45:36 GMT - Rating 8 - Innovation 3 - Information 7 - Rumor 1
