Invitation Homes, one of the largest real estate investment trusts, has experienced a series of significant events as noted across recent announcements. The company's stock underwent three
upgrades to Outperform, and its
quarterly dividend value was raised to
$0.29. The firm promoted
Tim Lobner, a established industry leader as it's new
Chief Operating Officer. Several institutional investors, including
Zurcher Kantonalbank, Vestcor Inc and
Charles Schwab Investment Management, recently increased their stakes in the company. However, significant sell-offs were also reported from
Amundi and
PNC Financial Services Group Inc. INVH reported its
third-quarter 2024 results, announcing the pricing of its
$500M 4.875% Senior Notes due in
2035 and invesment of
$595,000 by
OFI Invest Asset Management. Although facing potential growth challenges, it continues to utilise technology to enhance the resident experience. Despite recent issues with the Federal Trade Commission (FTC), which led to a
$48 million fine over undisclosed fees, the company maintains an Above-Average REIT status with a below-average valuation.
Invitation Homes INVH News Analytics from Thu, 05 Jan 2023 08:00:00 GMT to Sat, 15 Mar 2025 22:38:30 GMT -
