Deprince Race & Zollo Inc. Sells 237,344 Shares of InvenTrust Properties Corp. $IVT

Deprince Race & Zollo Inc. reduced its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 24.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 717,682 shares of the company’s stock after selling 237,344 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in InvenTrust Properties were worth $21,861,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in shares of InvenTrust Properties by 44.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after acquiring an additional 418 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of InvenTrust Properties by 82.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after purchasing an additional 621 shares in the last quarter. Danske Bank A S raised its stake in shares of InvenTrust Properties by 220.0% during the 4th quarter. Danske Bank A S now owns 1,600 shares of the company’s stock valued at $45,000 after purchasing an additional 1,100 shares during the period. Prosperity Bancshares Inc bought a new stake in shares of InvenTrust Properties during the 4th quarter valued at $47,000. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of InvenTrust Properties by 208.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,696 shares of the company’s stock valued at $49,000 after purchasing an additional 1,146 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

InvenTrust Properties Trading Up 1.8%

InvenTrust Properties stock opened at $35.55 on Friday. The stock has a market cap of $2.77 billion, a P/E ratio of 25.21, a PEG ratio of 2.86 and a beta of 0.78. InvenTrust Properties Corp. has a fifty-two week low of $26.52 and a fifty-two week high of $36.27. The firm’s fifty day moving average price is $33.34 and its 200-day moving average price is $31.27. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $82.58 million during the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts forecast that InvenTrust Properties Corp. will post 1.99 earnings per share for the current fiscal year.

InvenTrust Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. InvenTrust Properties’s dividend payout ratio (DPR) is presently 70.92%.

Analyst Ratings Changes

Several brokerages have commented on IVT. Wells Fargo & Company restated an “overweight” rating and issued a $36.00 target price (up from $34.00) on shares of InvenTrust Properties in a research note on Tuesday, May 26th. JPMorgan Chase & Co. upped their price target on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research report on Wednesday, May 6th. Weiss Ratings upgraded InvenTrust Properties from a “buy (b)” rating to a “buy (a-)” rating in a research report on Wednesday, June 17th. Wall Street Zen raised shares of InvenTrust Properties from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Jefferies Financial Group upgraded shares of InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $34.71.

InvenTrust Properties 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.