Corient Private Wealth LP Makes New $1.21 Million Investment in Invitation Home $INVH

Corient Private Wealth LP purchased a new position in shares of Invitation Home (NYSE:INVH) during the second quarter, Holdings Channel reports. The institutional investor purchased 40,164 shares of the company’s stock, valued at approximately $1,213,000.

A number of other large investors have also added to or reduced their stakes in INVH. Parallax Volatility Advisers L.P. bought a new position in shares of Invitation Home during the 2nd quarter valued at approximately $1,352,000. Bank of America Corp DE purchased a new position in shares of Invitation Home during the 2nd quarter valued at $75,411,000. Freestone Grove Partners LP bought a new position in shares of Invitation Home during the 2nd quarter worth $548,000. Caisse de depot et placement du Quebec purchased a new stake in Invitation Home in the 2nd quarter worth about $24,153,000. Finally, Gallagher Fiduciary Advisors LLC purchased a new stake in Invitation Home during the second quarter valued at about $333,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on INVH. Cfra downgraded shares of Invitation Home from a “hold” rating to a “sell” rating and cut their price objective for the stock from $29.00 to $27.00 in a report on Wednesday, May 27th. Citigroup reissued 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 note on Wednesday, July 22nd. 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. Finally, Barclays increased their price objective on Invitation Home from $32.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Ten equities 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. According to MarketBeat.com, Invitation Home currently has an average rating of “Hold” and a consensus target price of $32.53.

Invitation Home Price Performance

Shares of INVH stock opened at $28.38 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.02 and a current ratio of 0.02. Invitation Home has a fifty-two week low of $24.25 and a fifty-two week high of $30.89. The firm has a market cap of $16.76 billion, a P/E ratio of 26.04, a P/E/G ratio of 4.06 and a beta of 0.83. The business’s 50 day moving average price is $29.90 and its 200-day moving average price is $28.20.

Invitation Home (NYSE:INVH) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.34. The firm had revenue of $747.55 million for the quarter, compared to the consensus estimate of $731.13 million. Invitation Home had a return on equity of 7.22% and a net margin of 23.13%.The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, equities research analysts anticipate that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors 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 yield of 4.2%. The ex-dividend date of this dividend was Thursday, June 25th. Invitation Home’s dividend payout ratio (DPR) is 110.09%.

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.