Corsair Capital Management L.P. Acquires Shares of 26,000 Invitation Home $INVH

Corsair Capital Management L.P. acquired a new stake in shares of Invitation Home (NYSE:INVH) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,000 shares of the company’s stock, valued at approximately $646,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Invitation Home in the fourth quarter worth $1,438,952,000. State Street Corp raised its holdings in Invitation Home by 1.3% during the 3rd quarter. State Street Corp now owns 36,621,403 shares of the company’s stock valued at $1,084,514,000 after buying an additional 462,379 shares during the last quarter. Geode Capital Management LLC boosted its position in Invitation Home by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 16,934,620 shares of the company’s stock valued at $468,997,000 after buying an additional 203,474 shares during the period. Daiwa Securities Group Inc. boosted its position in Invitation Home by 8.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 14,487,603 shares of the company’s stock valued at $424,922,000 after buying an additional 1,168,113 shares during the period. Finally, Invesco Ltd. grew its holdings in Invitation Home by 7.5% in the 3rd quarter. Invesco Ltd. now owns 12,622,824 shares of the company’s stock worth $370,227,000 after acquiring an additional 877,491 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

Shares of INVH stock opened at $29.77 on Monday. The stock has a market cap of $17.68 billion, a price-to-earnings ratio of 31.33, a PEG ratio of 3.49 and a beta of 0.84. The business’s fifty day moving average is $29.55 and its 200 day moving average is $27.58. Invitation Home has a twelve month low of $24.25 and a twelve month high of $32.27. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50.

Invitation Home (NYSE:INVH) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a return on equity of 6.29% and a net margin of 20.88%.The business had revenue of $579.00 million during the quarter, compared to analyst estimates of $689.91 million. During the same quarter last year, the firm posted $0.48 earnings per share. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Research analysts expect that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, June 25th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is presently 126.32%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Evercore restated an “outperform” rating and issued a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. Royal Bank Of Canada increased their target price on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Keefe, Bruyette & Woods raised their target price on Invitation Home from $28.00 to $29.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Weiss Ratings upgraded Invitation Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 1st. Finally, Compass Point raised Invitation Home to a “hold” rating in a research report on Thursday, July 9th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $32.47.

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.