Various investment entities are changing their stakes in Invitation Homes Inc. (INVH), while the company sees several significant activities. Brokerages set a target price of $37.47 for INVH, despite some investors finding the shares too expensive. Institutional investors like Westpac Banking Corp and High Tower Advisors have reduced their holdings in INVH. In contrast, Nomura Asset Management and Mitsubishi UFJ Asset Management have increased theirs. JP Morgan Chase & Co. and Vanguard Group Inc. maintain substantial stock holdings in the company.
The company has announced a $200 Million Joint Venture and a $500 Million Senior Notes offering. It reported robust Q4 and full-year results for 2024, with a dividend announcement and promotion of Tim Lobner to Chief Operating Officer. INVH is also harnessing technology to improve resident and associate experience. Despite reported FTC fines and investigated breach of fiduciary duties, INVH received a rating upgrade from IBD and Fitch, and it's considered a valuable opportunity in the tight U.S rental market.
Invitation Homes INVH News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 05 Apr 2025 16:08:28 GMT - Rating 3 - Innovation -5 - Information 7 - Rumor -4