Corsair Capital Management L.P. Acquires New Shares in Invitation Home $INVH

Corsair Capital Management L.P. bought a new position in Invitation Home (NYSE:INVH) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 26,000 shares of the company’s stock, valued at approximately $646,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Invitation Home during the fourth quarter valued at about $1,438,952,000. UBS Group AG boosted its position in shares of Invitation Home by 101.4% in the third quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock valued at $145,966,000 after acquiring an additional 2,505,909 shares during the period. Amundi boosted its position in shares of Invitation Home by 169.0% in the third quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after acquiring an additional 2,071,407 shares during the period. BNP Paribas Financial Markets grew 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 valued at $125,737,000 after acquiring an additional 2,004,728 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Invitation Home by 53.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,377,502 shares of the company’s stock worth $149,441,000 after purchasing an additional 1,884,188 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Trading Down 0.0%

INVH stock opened at $29.77 on Monday. The company has a market capitalization of $17.68 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 3.49 and a beta of 0.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02. Invitation Home has a one year low of $24.25 and a one year high of $32.27. The company’s 50 day moving average price is $29.55 and its two-hundred day moving average price is $27.58.

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

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were issued a $0.30 dividend. The ex-dividend date was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. Invitation Home’s payout ratio is currently 126.32%.

Analysts Set New Price Targets

Several research analysts have commented on INVH shares. Compass Point raised shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Mizuho upped their price target on shares of Invitation Home from $26.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. Raymond James Financial upgraded Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a research report on Monday, May 18th. Jefferies Financial Group raised Invitation Home to a “hold” rating in a research note on Wednesday, July 22nd. Finally, UBS Group boosted their target price on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $32.47.

About Invitation Home

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.