Lighthouse Investment Partners LLC Reduces Position in Invitation Home $INVH

robot
Abstract generation in progress

Lighthouse Investment Partners LLC has reduced its stake in Invitation Home (NYSE:INVH) by 32.9% in the third quarter, now owning 230,000 shares valued at $6.75 million. Despite this reduction by one firm, other institutional investors like Vanguard Group Inc., Norges Bank, and State Street Corp have increased their holdings, indicating varying institutional confidence in the company. Analysts have issued mixed ratings for Invitation Home, with a consensus of “Moderate Buy” and an average price target of $32.88, while the company recently missed EPS estimates but saw a 4.0% year-over-year revenue increase.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin