Corient Private Wealth LP Acquires New Holdings in Invitation Home $INVH

Corient Private Wealth LP acquired a new position in Invitation Home (NYSE:INVH - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 40,164 shares of the company's stock, valued at approximately $1,213,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INVH. Jupiter Topco LLC acquired a new position in shares of Invitation Home during the 2nd quarter worth $4,243,000. M&T Bank Corp acquired a new stake in shares of Invitation Home in the fourth quarter valued at about $1,756,000. Legal & General Group Plc grew its stake in shares of Invitation Home by 6.6% in the fourth quarter. Legal & General Group Plc now owns 5,735,955 shares of the company's stock worth $159,402,000 after acquiring an additional 355,825 shares during the last quarter. Bank of America Corp DE raised its stake in Invitation Home by 4.6% during the 1st quarter. Bank of America Corp DE now owns 2,956,870 shares of the company's stock valued at $73,478,000 after purchasing an additional 129,202 shares during the last quarter. Finally, Algebris UK Ltd. acquired a new position in shares of Invitation Home during the fourth quarter valued at about $15,370,000. 96.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on INVH. Barclays upped their price objective on Invitation Home from $32.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, July 14th. Citigroup restated a "buy" rating on shares of Invitation Home in a report on Thursday, August 6th. Jefferies Financial Group upgraded shares of Invitation Home to a "hold" rating in a research report on Wednesday, July 22nd. Oppenheimer lifted their target price on Invitation Home from $31.00 to $33.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Finally, UBS Group lifted their target price on shares of Invitation Home from $32.00 to $35.00 and gave the stock a "buy" rating in a report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $32.53.

Invitation Home Price Performance

Shares of NYSE INVH opened at $28.38 on Friday. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $30.89. The business has a fifty day moving average price of $29.90 and a two-hundred day moving average price of $28.20. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. The stock has a market capitalization of $16.76 billion, a PE ratio of 26.04, a P/E/G ratio of 4.06 and a beta of 0.83.

Invitation Home (NYSE:INVH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.34. The company had revenue of $747.55 million for the quarter, compared to analyst estimates of $731.13 million. Invitation Home had a net margin of 23.13% and a return on equity of 7.22%. The firm's revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. As a group, equities analysts predict that Invitation Home will post 1.89 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home's dividend payout ratio is presently 110.09%.

Invitation Home Company Profile

Invitation Homes NYSE: INVH is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.

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