24,558 Shares in Invitation Home $INVH Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC acquired a new stake in Invitation Home (NYSE:INVH) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 24,558 shares of the company’s stock, valued at approximately $742,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Clearstead Trust LLC purchased a new position in shares of Invitation Home during the 2nd quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Invitation Home by 136,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,361 shares of the company’s stock valued at $40,000 after buying an additional 1,360 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in shares of Invitation Home in the fourth quarter valued at approximately $42,000. AdvisorNet Financial Inc lifted its holdings in Invitation Home by 7,687.5% in the first quarter. AdvisorNet Financial Inc now owns 1,869 shares of the company’s stock valued at $46,000 after acquiring an additional 1,845 shares during the period. Finally, Essential Partners LLC boosted its position in shares of Invitation Home by 353.7% during the 1st quarter. Essential Partners LLC now owns 1,883 shares of the company’s stock worth $47,000 after purchasing an additional 1,468 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Invitation Home Price Performance

Invitation Home stock opened at $29.77 on Wednesday. The firm has a market capitalization of $17.58 billion, a PE ratio of 27.31, a P/E/G ratio of 4.33 and a beta of 0.83. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.38. The firm’s 50-day simple moving average is $29.82 and its 200 day simple moving average is $27.95. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.44.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.34. The firm had revenue of $747.55 million during the quarter, compared to the consensus estimate 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 for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the firm posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts predict that Invitation Home will post 1.89 EPS for the current fiscal year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were given 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 dividend payout ratio is currently 110.09%.

Analysts Set New Price Targets

INVH has been the subject of a number of research analyst reports. Mizuho increased their price target on shares of Invitation Home from $26.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, June 17th. Keefe, Bruyette & Woods boosted their price objective on shares of Invitation Home from $29.00 to $31.00 and gave the stock a “market perform” rating in a report on Wednesday, August 5th. UBS Group upped their target price on shares of Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Compass Point raised shares of Invitation Home to a “hold” rating in a report on Thursday, July 9th. Finally, Raymond James Financial raised shares of Invitation Home from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, May 18th. Ten research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target 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.