Centersquare Investment Management LLC Raises Stake in InvenTrust Properties Corp. $IVT

Centersquare Investment Management LLC raised its stake in InvenTrust Properties Corp. (NYSE:IVT) by 600.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,287,805 shares of the company’s stock after buying an additional 1,103,911 shares during the period. Centersquare Investment Management LLC’s holdings in InvenTrust Properties were worth $36,329,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its holdings in InvenTrust Properties by 44.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after buying an additional 418 shares in the last quarter. Lazard Asset Management LLC grew its holdings in InvenTrust Properties by 1.0% in the 2nd quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock valued at $1,298,000 after buying an additional 465 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in InvenTrust Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,269 shares of the company’s stock valued at $64,000 after buying an additional 570 shares in the last quarter. International Assets Investment Management LLC grew its holdings in InvenTrust Properties by 7.5% in the 4th quarter. International Assets Investment Management LLC now owns 8,138 shares of the company’s stock valued at $230,000 after buying an additional 571 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after buying an additional 621 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Up 0.6%

Shares of NYSE:IVT opened at $34.98 on Friday. The business has a 50-day moving average price of $32.31 and a 200 day moving average price of $30.57. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 2.84 and a beta of 0.80. InvenTrust Properties Corp. has a 12-month low of $26.52 and a 12-month high of $35.54.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 earnings per share (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 firm 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. Sell-side analysts expect that InvenTrust Properties Corp. will post 1.99 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on IVT shares. 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 report on Tuesday, May 26th. KeyCorp started coverage on InvenTrust Properties in a report on Friday, March 6th. They set an “overweight” rating and a $35.00 price target for the company. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Finally, Bank of America raised their price objective on InvenTrust Properties from $36.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.17.

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.