Investment firms have shown significant interest in Invitation Homes (INVH). GAMMA Investing, Mather Group, BTC Capital Management, Nomura Holdings, Kapitalo Investimentos, and Cohen & Steers Inc. have made substantial investments. There has, however, been some selling activity from firms like PNC Financial Services and Vanguard Group. Notable insider trading included President & COO Charles Young and Director Cohen Barbe selling shares of the company. Despite missing earning expectations in the third quarter of 2022, Invitation Homes reported growth in both revenue and net income by Q3 2023.
Invitation Homes has announced plans to acquire around 500 new homes, expanding their portfolio. The company will also take over management of 8,500 Starwood Homes, marking significant growth. Goldman Sachs Group Inc and Gray Foundation made significant share acquisitions and Sei Investments Co. purchased over 473k shares. Invitation Homes has made leadership changes in preparation for growth.
Analytical insights on the company are mixed; while its credit rating was upgraded by Moody’s, its price target has been lowered by several brokerage firms. INVH's dividend analysis is positive and the company announced plans for quarterly dividends. With resilient performance despite rate hikes, INVH appears as a viable investment option.
Invitation Homes INVH News Analytics from Tue, 27 Jun 2023 07:00:00 GMT to Sun, 23 Jun 2024 18:05:41 GMT - Rating 3 - Innovation 6 - Information 8 - Rumor 3