InvenTrust Properties Corp. $IVT Shares Acquired by Chilton Capital Management LLC

Chilton Capital Management LLC increased its stake in InvenTrust Properties Corp. (NYSE:IVT) by 1.3% during the 2nd quarter, Holdings Channel reports. The fund owned 251,913 shares of the company’s stock after purchasing an additional 3,249 shares during the quarter. Chilton Capital Management LLC’s holdings in InvenTrust Properties were worth $6,956,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVT. State of New Jersey Common Pension Fund D raised its position in InvenTrust Properties by 5.3% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 68,814 shares of the company’s stock valued at $1,886,000 after purchasing an additional 3,437 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in InvenTrust Properties by 3.8% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 87,263 shares of the company’s stock valued at $2,391,000 after acquiring an additional 3,182 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in InvenTrust Properties by 4.2% in the second quarter. Asset Management One Co. Ltd. now owns 170,322 shares of the company’s stock worth $4,667,000 after acquiring an additional 6,790 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in InvenTrust Properties during the 2nd quarter worth approximately $4,872,000. Finally, Moran Wealth Management LLC acquired a new position in InvenTrust Properties during the 2nd quarter worth approximately $1,444,000. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Price Performance

Shares of NYSE IVT opened at $28.90 on Friday. The stock has a market cap of $2.24 billion, a P/E ratio of 20.07, a P/E/G ratio of 3.40 and a beta of 0.86. InvenTrust Properties Corp. has a twelve month low of $25.21 and a twelve month high of $31.65. The stock has a 50 day moving average of $28.88 and a two-hundred day moving average of $28.07. The company has a current ratio of 5.26, a quick ratio of 5.26 and a debt-to-equity ratio of 0.41.

InvenTrust Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.2377 per share. This represents a $0.95 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, September 30th. InvenTrust Properties’s payout ratio is presently 65.97%.

Analysts Set New Price Targets

A number of brokerages recently commented on IVT. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research note on Tuesday, October 14th. LADENBURG THALM/SH SH began coverage on InvenTrust Properties in a research note on Tuesday, September 9th. They set a “neutral” rating and a $31.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of InvenTrust Properties in a research note on Friday, October 17th. They issued a “neutral” rating and a $30.00 price target on the stock. Finally, Wells Fargo & Company began coverage on shares of InvenTrust Properties in a research report on Tuesday, October 21st. They set an “overweight” rating and a $33.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.80.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the “Company,” “IVT,” or “InvenTrust”) is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.