InvenTrust Properties (NYSE:IVT) Stock Rating Lowered by Wall Street Zen

InvenTrust Properties (NYSE:IVT) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Tuesday.

A number of other equities research analysts have also recently commented on the company. Jefferies Financial Group reissued a “buy” rating and issued a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. KeyCorp started coverage on InvenTrust Properties in a report on Friday, March 6th. They issued an “overweight” rating and a $35.00 target price on the stock. Wells Fargo & Company lifted their price target on shares of InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, InvenTrust Properties currently has an average rating of “Moderate Buy” and an average target price of $32.33.

InvenTrust Properties Trading Up 0.0%

NYSE:IVT opened at $30.46 on Tuesday. InvenTrust Properties has a 12 month low of $25.21 and a 12 month high of $32.63. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.88 and a beta of 0.83. The firm has a fifty day simple moving average of $30.54 and a two-hundred day simple moving average of $29.16.

InvenTrust Properties (NYSE:IVT) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The company had revenue of $77.38 million for the quarter, compared to analyst estimates of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Analysts expect that InvenTrust Properties will post 1.79 EPS for the current fiscal year.

Institutional Investors Weigh In On InvenTrust Properties

A number of institutional investors have recently added to or reduced their stakes in IVT. Comerica Bank boosted its stake in InvenTrust Properties by 80.5% in the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after acquiring an additional 1,001 shares during the last quarter. Amundi raised its holdings in shares of InvenTrust Properties by 9.8% in the 1st quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after purchasing an additional 4,018 shares during the period. AQR Capital Management LLC lifted its stake in InvenTrust Properties by 29.3% in the first quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock valued at $302,000 after purchasing an additional 2,331 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in InvenTrust Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock valued at $1,355,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in InvenTrust Properties by 66.0% during the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after purchasing an additional 276,474 shares during the period. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Company Profile

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.