InvenTrust Properties Corp. $IVT Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its position in shares of InvenTrust Properties Corp. (NYSE:IVT) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,146,555 shares of the company’s stock after selling 127,303 shares during the period. Vanguard Group Inc. owned approximately 0.14% of InvenTrust Properties worth $314,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in InvenTrust Properties by 1.3% in the 3rd quarter. Principal Financial Group Inc. now owns 4,732,791 shares of the company’s stock valued at $135,453,000 after purchasing an additional 60,395 shares during the last quarter. Vision Capital Corp increased its holdings in InvenTrust Properties by 11.8% in the 3rd quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock valued at $31,650,000 after purchasing an additional 116,402 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in InvenTrust Properties by 5.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,008,310 shares of the company’s stock valued at $28,858,000 after purchasing an additional 49,336 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in InvenTrust Properties by 111.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 968,157 shares of the company’s stock valued at $26,528,000 after purchasing an additional 509,518 shares during the last quarter. Finally, Deprince Race & Zollo Inc. acquired a new stake in InvenTrust Properties in the 4th quarter valued at approximately $26,941,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on IVT. Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a research note on Wednesday. Wall Street Zen raised InvenTrust Properties from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. JPMorgan Chase & Co. lifted their target price on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research report on Wednesday. KeyCorp initiated coverage on shares of InvenTrust Properties in a research note on Friday, March 6th. They set an “overweight” rating and a $35.00 target price on the stock. Finally, Wells Fargo & Company raised their price target on shares of InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, InvenTrust Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.20.

InvenTrust Properties Stock Performance

Shares of IVT stock opened at $31.67 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. InvenTrust Properties Corp. has a 52 week low of $26.52 and a 52 week high of $33.19. The stock has a market capitalization of $2.47 billion, a PE ratio of 22.46, a P/E/G ratio of 2.64 and a beta of 0.80. The firm has a 50 day moving average of $31.45 and a two-hundred day moving average of $29.74.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. The business had revenue of $82.58 million during the quarter, compared to analysts’ expectations of $78.79 million. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. On average, research analysts predict that InvenTrust Properties Corp. will post 1.97 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.25 per share. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.2%. InvenTrust Properties’s dividend payout ratio is presently 70.92%.

About InvenTrust Properties

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.