Private Management Group Inc. Purchases New Holdings in Invitation Home $INVH

Private Management Group Inc. acquired a new position in Invitation Home (NYSE:INVH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 103,872 shares of the company’s stock, valued at approximately $3,138,000.

Several other institutional investors have also added to or reduced their stakes in INVH. AQR Capital Management LLC raised its holdings in shares of Invitation Home by 67.4% in the first quarter. AQR Capital Management LLC now owns 74,426 shares of the company’s stock worth $2,589,000 after buying an additional 29,962 shares during the period. Empowered Funds LLC boosted its holdings in Invitation Home by 10.7% during the 1st quarter. Empowered Funds LLC now owns 13,324 shares of the company’s stock valued at $464,000 after acquiring an additional 1,290 shares during the period. Sivia Capital Partners LLC purchased a new position in Invitation Home during the 2nd quarter valued at $287,000. Cetera Investment Advisers boosted its holdings in Invitation Home by 8.5% during the 2nd quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock valued at $637,000 after acquiring an additional 1,528 shares during the period. Finally, Cresset Asset Management LLC grew its position in Invitation Home by 5.5% in the 2nd quarter. Cresset Asset Management LLC now owns 15,646 shares of the company’s stock valued at $515,000 after acquiring an additional 809 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. UBS Group increased their target price on Invitation Home from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. BMO Capital Markets boosted their target price on shares of Invitation Home from $32.00 to $35.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Wells Fargo & Company upgraded shares of Invitation Home from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $31.00 to $33.00 in a report on Wednesday, June 24th. JPMorgan Chase & Co. raised their price target on shares of Invitation Home from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 25th. Finally, Cfra lowered shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their price objective for the company from $29.00 to $27.00 in a report on Wednesday, May 27th. Ten research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Invitation Home presently has a consensus rating of “Hold” and a consensus target price of $32.53.

Invitation Home Trading Up 0.2%

INVH opened at $29.30 on Friday. The stock’s fifty day moving average is $29.96 and its two-hundred day moving average is $28.14. The company has a market capitalization of $17.31 billion, a P/E ratio of 26.88, a PEG ratio of 4.17 and a beta of 0.83. Invitation Home has a 52 week low of $24.25 and a 52 week high of $31.33. 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 issued its 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 business had revenue of $747.55 million during the quarter, compared to analyst estimates of $731.13 million. During the same period in the previous year, the company posted $0.48 EPS. Invitation Home’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. Analysts forecast that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. Invitation Home’s dividend payout ratio (DPR) is currently 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.