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

InvenTrust Properties Corp. (NYSE:IVT) has earned an average rating of “Moderate Buy” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $35.1429.

Several equities analysts have weighed in on IVT shares. Weiss Ratings cut shares of InvenTrust Properties from a “buy (b)” rating to a “hold (c)” rating in a research report on Thursday, August 13th. Jefferies Financial Group upgraded InvenTrust Properties to a “strong-buy” rating in a report on Friday, June 26th. Wells Fargo & Company set a $39.00 target price on InvenTrust Properties and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Finally, JPMorgan Chase & Co. lifted their price target on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a report on Wednesday, May 6th.

Hedge Funds Weigh In On InvenTrust Properties

A number of large investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of InvenTrust Properties by 1,756.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 122,844 shares of the company’s stock valued at $3,465,000 after acquiring an additional 116,226 shares in the last quarter. Sei Investments Co. raised its holdings in shares of InvenTrust Properties by 61.7% during the first quarter. Sei Investments Co. now owns 106,373 shares of the company’s stock worth $3,240,000 after acquiring an additional 40,600 shares in the last quarter. UBS Group AG boosted its position in InvenTrust Properties by 265.8% during the fourth quarter. UBS Group AG now owns 216,948 shares of the company’s stock valued at $6,120,000 after purchasing an additional 157,633 shares during the last quarter. B&I Capital AG acquired a new stake in InvenTrust Properties during the fourth quarter valued at $8,442,000. Finally, Principal Financial Group Inc. grew its stake in InvenTrust Properties by 24.9% in the first quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company’s stock valued at $235,438,000 after purchasing an additional 1,539,672 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Stock Performance

Shares of IVT opened at $33.37 on Wednesday. InvenTrust Properties has a one year low of $26.81 and a one year high of $37.22. The company has a 50-day moving average of $35.00 and a two-hundred day moving average of $32.73. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 166.85, a PEG ratio of 2.74 and a beta of 0.78. 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 (NYSE:IVT) last released its earnings results on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $82.83 million during the quarter, compared to analysts’ expectations 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 research analysts expect that InvenTrust Properties will post 1.95 earnings per share for the current year.

InvenTrust Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 3.0%. InvenTrust Properties’s dividend payout ratio (DPR) is presently 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.