Centiva Capital LP Invests $1.57 Million in Invitation Home $INVH

Centiva Capital LP purchased a new stake in Invitation Home (NYSE:INVH) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 53,469 shares of the company’s stock, valued at approximately $1,568,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in Invitation Home during the 2nd quarter worth about $1,693,992,000. UBS Group AG grew its holdings in Invitation Home by 101.4% during the 3rd quarter. UBS Group AG now owns 4,976,669 shares of the company’s stock valued at $145,966,000 after buying an additional 2,505,909 shares in the last quarter. Amundi grew its holdings in Invitation Home by 169.0% during the 3rd quarter. Amundi now owns 3,296,876 shares of the company’s stock valued at $93,038,000 after buying an additional 2,071,407 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Invitation Home by 2,205.3% during the second quarter. AQR Capital Management LLC now owns 1,715,777 shares of the company’s stock valued at $56,277,000 after buying an additional 1,641,351 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Invitation Home by 28.3% during the third quarter. JPMorgan Chase & Co. now owns 6,884,278 shares of the company’s stock valued at $201,920,000 after buying an additional 1,516,886 shares during the period. 96.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods cut their price objective on shares of Invitation Home from $31.00 to $28.00 and set a “market perform” rating for the company in a research report on Wednesday, February 25th. KeyCorp decreased their target price on shares of Invitation Home from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Oppenheimer lowered their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Morgan Stanley cut their price target on shares of Invitation Home from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Finally, Raymond James Financial restated a “market perform” rating on shares of Invitation Home in a research report on Friday, February 27th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.88.

Invitation Home Stock Down 0.5%

Shares of NYSE INVH opened at $24.98 on Friday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average of $26.51 and a 200-day moving average of $27.79. The firm has a market capitalization of $15.22 billion, a price-to-earnings ratio of 26.02, a PEG ratio of 2.66 and a beta of 0.83. Invitation Home has a 12 month low of $24.87 and a 12 month high of $35.80.

Invitation Home (NYSE:INVH) last announced its earnings results on Wednesday, February 18th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.21). Invitation Home had a net margin of 21.53% and a return on equity of 6.24%. The company had revenue of $685.25 million during the quarter, compared to analysts’ expectations of $683.00 million. During the same period in the prior year, the business earned $0.47 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. Sell-side analysts expect that Invitation Home will post 1.83 earnings per share for the current fiscal year.

Invitation Home Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, March 26th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.8%. Invitation Home’s dividend payout ratio (DPR) is 125.00%.

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.