Pallas Capital Advisors LLC Invests $742,000 in Invitation Home $INVH

Pallas Capital Advisors LLC acquired a new stake in Invitation Home (NYSE:INVH) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 24,558 shares of the company’s stock, valued at approximately $742,000.

Other large investors have also made changes to their positions in the company. Deutsche Bank AG purchased a new stake in Invitation Home during the 2nd quarter worth about $193,539,000. Commerzbank Aktiengesellschaft FI purchased a new position in Invitation Home in the 2nd quarter valued at about $1,040,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Invitation Home in the 2nd quarter valued at about $53,517,000. Plato Investment Management Ltd purchased a new position in Invitation Home in the 2nd quarter valued at about $2,208,000. Finally, Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of Invitation Home during the 2nd quarter worth about $18,393,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on INVH. Scotiabank boosted their price objective on shares of Invitation Home from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Citigroup restated a “buy” rating on shares of Invitation Home in a research report on Thursday, August 6th. Keefe, Bruyette & Woods lifted their target price on shares of Invitation Home from $29.00 to $31.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 5th. Evercore reiterated an “outperform” rating and issued a $32.00 price target on shares of Invitation Home in a report on Friday, May 1st. Finally, Wall Street Zen raised Invitation Home from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. 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 company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $32.68.

Invitation Home Stock Up 0.3%

INVH opened at $29.77 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.02 and a quick ratio of 0.02. The stock has a market capitalization of $17.58 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 4.33 and a beta of 0.83. The business has a 50-day moving average of $29.82 and a two-hundred day moving average of $27.95. Invitation Home has a 12 month low of $24.25 and a 12 month high of $31.38.

Invitation Home (NYSE:INVH) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.34. The company 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 company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.48 EPS. Invitation Home has set its FY 2026 guidance at 1.920-1.980 EPS. On average, research analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business 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. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.20 annualized dividend and a yield of 4.0%. Invitation Home’s dividend payout ratio is 110.09%.

Invitation Home Company 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.