InvenTrust Properties (NYSE:IVT) Sets New 12-Month High – Here’s Why

InvenTrust Properties Corp. (NYSE:IVT) reached a new 52-week high during trading on Thursday . The company traded as high as $31.91 and last traded at $31.4570, with a volume of 11004 shares changing hands. The stock had previously closed at $31.42.

Analyst Ratings Changes

Several research firms have recently weighed in on IVT. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.60.

InvenTrust Properties Stock Down 0.4%

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 2.88 and a beta of 0.86. The firm’s 50-day simple moving average is $29.37 and its two-hundred day simple moving average is $28.83.

InvenTrust Properties (NYSE:IVT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.42). The business had revenue of $77.38 million during the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties had a return on equity of 6.22% and a net margin of 37.24%.InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Sell-side analysts predict that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were given a $0.2377 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.95 annualized dividend and a dividend yield of 3.0%. InvenTrust Properties’s dividend payout ratio is currently 66.43%.

Institutional Trading of InvenTrust Properties

Several institutional investors and hedge funds have recently made changes to their positions in IVT. Loomis Sayles & Co. L P acquired a new stake in shares of InvenTrust Properties during the second quarter valued at $26,000. Heritage Wealth Advisors acquired a new position in InvenTrust Properties in the 2nd quarter valued at about $34,000. EverSource Wealth Advisors LLC lifted 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 purchasing an additional 418 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after purchasing an additional 621 shares during the last quarter. Finally, Quaker Wealth Management LLC boosted its stake in shares of InvenTrust Properties by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 1,447 shares of the company’s stock worth $40,000 after purchasing an additional 2,894 shares during the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

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.