Independent Financial Group LLC Purchases Shares of 19,626 InvenTrust Properties Corp. $IVT

Independent Financial Group LLC acquired a new position in shares of InvenTrust Properties Corp. (NYSE:IVT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,626 shares of the company’s stock, valued at approximately $598,000.

A number of other large investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in shares of InvenTrust Properties by 0.5% during the first quarter. Bank of New York Mellon Corp now owns 338,102 shares of the company’s stock valued at $10,299,000 after buying an additional 1,592 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of InvenTrust Properties by 24.9% in the 1st quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company’s stock worth $235,438,000 after acquiring an additional 1,539,672 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in InvenTrust Properties by 38.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 35,116 shares of the company’s stock valued at $1,070,000 after acquiring an additional 9,781 shares in the last quarter. Fifth Third Bancorp bought a new position in InvenTrust Properties in the 1st quarter valued at about $78,000. Finally, Hsbc Holdings PLC boosted its stake in InvenTrust Properties by 10.7% during the 1st quarter. Hsbc Holdings PLC now owns 144,211 shares of the company’s stock valued at $4,394,000 after purchasing an additional 13,952 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Stock Performance

IVT stock opened at $36.12 on Thursday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. The firm has a market cap of $2.82 billion, a PE ratio of 25.62, a P/E/G ratio of 2.99 and a beta of 0.78. The business has a 50 day moving average of $34.42 and a 200-day moving average of $31.98. InvenTrust Properties Corp. has a 12-month low of $26.81 and a 12-month high of $37.22.

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

InvenTrust Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s payout ratio is presently 70.92%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price objective (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th. Jefferies Financial Group raised InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Weiss Ratings raised InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a report on Wednesday, May 6th. Finally, BTIG Research reissued a “buy” rating and set a $37.00 price target on shares of InvenTrust Properties in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $34.71.

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.