InvenTrust Properties Corp. (NYSE:IVT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of InvenTrust Properties Corp. (NYSE:IVT) have been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $35.00.

IVT has been the subject of several recent research reports. Wall Street Zen cut InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. BTIG Research reiterated a “buy” rating and set a $37.00 price objective on shares of InvenTrust Properties in a research note on Friday, August 28th. Weiss Ratings downgraded InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a report on Thursday, August 13th. Bank of America raised their target price on shares of InvenTrust Properties from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Finally, Wells Fargo & Company set a $38.00 target price on shares of InvenTrust Properties and gave the stock an “overweight” rating in a report on Tuesday.

Institutional Investors Weigh In On InvenTrust Properties

A number of institutional investors and hedge funds have recently modified their holdings of the company. 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 worth $66,000 after purchasing an additional 1,001 shares during the period. Amundi raised its stake in InvenTrust Properties by 9.8% in the first quarter. Amundi now owns 45,205 shares of the company’s stock valued at $1,268,000 after buying an additional 4,018 shares during the period. AQR Capital Management LLC lifted its position 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 valued at $302,000 after buying an additional 2,331 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 acquiring an additional 2,014 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in InvenTrust Properties by 66.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after acquiring an additional 276,474 shares during the period. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Trading Up 0.0%

Shares of NYSE:IVT opened at $32.56 on Friday. The company’s 50-day moving average price is $34.43 and its two-hundred day moving average price is $32.95. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.73 and a quick ratio of 1.73. InvenTrust Properties has a one year low of $26.81 and a one year high of $37.22. The stock has a market capitalization of $2.54 billion, a PE ratio of 162.80, a price-to-earnings-growth ratio of 2.66 and a beta of 0.77.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $82.83 million for the quarter, compared to analyst estimates of $82.44 million. InvenTrust Properties had a return on equity of 0.85% and a net margin of 4.80%.InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. On average, equities analysts forecast that InvenTrust Properties will post 1.95 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio (DPR) is 500.00%.

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.