Carlyle Group Inc. Takes Position in Invitation Home $INVH

Carlyle Group Inc. bought a new stake in Invitation Home (NYSE:INVH) in the second quarter, Holdings Channel reports. The institutional investor bought 662,900 shares of the company’s stock, valued at approximately $20,026,000. Invitation Home accounts for approximately 0.2% of Carlyle Group Inc.’s portfolio, making the stock its 4th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of INVH. M&T Bank Corp acquired a new stake in shares of Invitation Home during the 4th quarter valued at about $1,756,000. Legal & General Group Plc increased its stake in Invitation Home by 6.6% in the fourth quarter. Legal & General Group Plc now owns 5,735,955 shares of the company’s stock valued at $159,402,000 after acquiring an additional 355,825 shares during the period. Bank of America Corp DE raised its position in Invitation Home by 4.6% in the first quarter. Bank of America Corp DE now owns 2,956,870 shares of the company’s stock worth $73,478,000 after purchasing an additional 129,202 shares in the last quarter. Algebris UK Ltd. acquired a new position in Invitation Home in the fourth quarter worth about $15,370,000. Finally, BNP Paribas Financial Markets lifted its stake in Invitation Home by 79.6% during the fourth quarter. BNP Paribas Financial Markets now owns 4,524,553 shares of the company’s stock worth $125,737,000 after purchasing an additional 2,004,728 shares during the period. 96.79% of the stock is owned by institutional investors.

Invitation Home Stock Down 1.8%

Shares of INVH opened at $29.75 on Tuesday. The company has a market capitalization of $17.57 billion, a P/E ratio of 27.29, a PEG ratio of 4.33 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. Invitation Home has a one year low of $24.25 and a one year high of $31.38. The business’s 50 day simple moving average is $29.82 and its 200-day simple moving average is $27.92.

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

Invitation Home Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.30 per share. 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 is presently 110.09%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on INVH shares. Scotiabank lifted their price objective on Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Thursday, June 18th. Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research report on Monday, May 18th. Mizuho boosted their price target on Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, June 17th. Oppenheimer upped their price target on Invitation Home from $31.00 to $33.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Citigroup reiterated a “buy” rating on shares of Invitation Home in a research note on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $32.68.

Invitation Home 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.