Vision Capital Corp Buys 116,402 Shares of InvenTrust Properties Corp. $IVT

Vision Capital Corp grew its stake in shares of InvenTrust Properties Corp. (NYSE:IVT) by 11.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,105,874 shares of the company’s stock after buying an additional 116,402 shares during the quarter. InvenTrust Properties comprises 9.3% of Vision Capital Corp’s holdings, making the stock its 3rd biggest position. Vision Capital Corp’s holdings in InvenTrust Properties were worth $31,650,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in IVT. Comerica Bank increased its stake in shares of InvenTrust Properties by 80.5% during the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after acquiring an additional 1,001 shares during the period. Amundi lifted its position in InvenTrust Properties by 9.8% in the first quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after purchasing an additional 4,018 shares during the period. AQR Capital Management LLC boosted its stake in InvenTrust Properties by 29.3% during the 1st quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock valued at $302,000 after purchasing an additional 2,331 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 valued at $1,355,000 after purchasing an additional 2,014 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of InvenTrust Properties by 66.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after purchasing an additional 276,474 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on IVT shares. KeyCorp began coverage on InvenTrust Properties in a research note on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Finally, Wall Street Zen raised shares of InvenTrust Properties from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $32.17.

InvenTrust Properties Price Performance

InvenTrust Properties stock traded up $0.14 during mid-day trading on Friday, hitting $31.02. The company’s stock had a trading volume of 81,254 shares, compared to its average volume of 498,528. The stock has a market capitalization of $2.41 billion, a P/E ratio of 21.72, a P/E/G ratio of 2.92 and a beta of 0.84. InvenTrust Properties Corp. has a twelve month low of $25.21 and a twelve month high of $31.91. The stock’s fifty day moving average price is $29.92 and its two-hundred day moving average price is $29.03. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.46.

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

InvenTrust Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2377 per share. This represents a $0.95 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, December 30th. InvenTrust Properties’s dividend payout ratio is currently 66.43%.

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.