InvenTrust Properties Corp. (NYSE:IVT) Given Consensus Recommendation of “Buy” by Brokerages

InvenTrust Properties Corp. (NYSE:IVT) has earned a consensus rating of “Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $34.7143.

Several research firms recently issued reports on IVT. BTIG Research reaffirmed a “buy” rating and issued a $37.00 price objective on shares of InvenTrust Properties in a research note on Friday, June 12th. Jefferies Financial Group raised shares of InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Bank of America increased their target price on shares of InvenTrust Properties from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Wells Fargo & Company restated an “overweight” rating and set a $36.00 target price (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th. Finally, Weiss Ratings raised InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday.

Institutional Investors Weigh In On InvenTrust Properties

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

InvenTrust Properties Price Performance

Shares of IVT opened at $36.72 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $2.86 billion, a PE ratio of 26.04, a PEG ratio of 3.00 and a beta of 0.78. The firm’s 50 day moving average price is $34.11 and its 200 day moving average price is $31.79. InvenTrust Properties has a twelve month low of $26.81 and a twelve month high of $37.22.

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

InvenTrust Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 70.92%.

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.