Invitation Homes Inc.'s COO recently sold $174,250.00 in company stock. However, the
National Bank of Canada and
Charles Schwab Investment Management increased their stakes by purchasing additional shares. The company has been downgraded due to less anticipated upside and attractiveness in valuation.
INVH is planning to acquire around 500 newly built homes, while experiencing lackluster Return on Equity. Despite this, it receives a moderate buy recommendation from analysts. Its holdings were further bolstered by Natixis Advisors L.P and Swiss National Bank. INVH announced its Q4 2023 earnings and reported Q1 2024 results. A strategic SWOT insight into the company was decoded. It undertook management of 8,500 Starwood homes and sold EVP & CFO's 10000 shares. Q3 2023 showed surge in revenue and net income. Despite the cut in annual core FFO forecast and recent stock surge, it updated FY 2024 Earnings guidance, and made a move to strengthen leadership for growth. A $800 Million Notes Offering is represented by Sidley. Despite rate hikes, the company remains resilient.
Federated Hermes Inc. and
Victory Capital Management Inc. reduced their stake, while New York State Common Retirement Fund has a holding of $16.10 Million. The company was well-positioned to weather inflation, showed upbeat rent growth outlook, and was upgraded at Oppenheimer.
Invitation Homes INVH News Analytics from Mon, 10 Jun 2019 07:00:00 GMT to Sun, 12 May 2024 21:06:57 GMT -
Rating 3
- Innovation 1
- Information 7
- Rumor -6
