Maven Securities LTD Takes $3.28 Million Position in InvenTrust Properties Corp. (NYSE:IVT)

Maven Securities LTD acquired a new stake in InvenTrust Properties Corp. (NYSE:IVT - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 115,566 shares of the company's stock, valued at approximately $3,279,000. Maven Securities LTD owned 0.15% of InvenTrust Properties at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IVT. Executive Wealth Management LLC grew its stake in shares of InvenTrust Properties by 4.3% during the second quarter. Executive Wealth Management LLC now owns 9,703 shares of the company's stock valued at $240,000 after acquiring an additional 400 shares in the last quarter. Arizona State Retirement System grew its stake in InvenTrust Properties by 2.3% in the second quarter. Arizona State Retirement System now owns 18,982 shares of the company's stock worth $470,000 after purchasing an additional 423 shares in the last quarter. Van ECK Associates Corp grew its stake in InvenTrust Properties by 6.9% in the second quarter. Van ECK Associates Corp now owns 10,426 shares of the company's stock worth $258,000 after purchasing an additional 674 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in InvenTrust Properties by 34.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,634 shares of the company's stock worth $75,000 after purchasing an additional 681 shares in the last quarter. Finally, Beacon Capital Management LLC grew its stake in InvenTrust Properties by 23.3% in the second quarter. Beacon Capital Management LLC now owns 3,663 shares of the company's stock worth $91,000 after purchasing an additional 693 shares in the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Price Performance

NYSE:IVT traded up $0.35 during midday trading on Wednesday, hitting $31.11. 329,240 shares of the stock were exchanged, compared to its average volume of 376,827. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 344.37, a P/E/G ratio of 3.55 and a beta of 0.97. InvenTrust Properties Corp. has a one year low of $23.53 and a one year high of $31.65. The business has a 50-day moving average price of $29.84 and a two-hundred day moving average price of $27.78. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.42.

InvenTrust Properties (NYSE:IVT - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.44). The company had revenue of $68.52 million during the quarter. InvenTrust Properties had a net margin of 2.52% and a return on equity of 0.42%. During the same quarter in the prior year, the company earned $0.41 earnings per share. Sell-side analysts predict that InvenTrust Properties Corp. will post 1.73 EPS for the current year.

InvenTrust Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a yield of 2.91%. The ex-dividend date was Monday, September 30th. InvenTrust Properties's payout ratio is 1,011.22%.

Analyst Upgrades and Downgrades

IVT has been the subject of a number of research reports. Wells Fargo & Company lifted their target price on InvenTrust Properties from $29.00 to $32.00 and gave the company an "overweight" rating in a research note on Wednesday, August 28th. Jefferies Financial Group assumed coverage on InvenTrust Properties in a report on Tuesday, November 19th. They set a "hold" rating and a $33.00 price target on the stock. Bank of America raised InvenTrust Properties from a "neutral" rating to a "buy" rating and lifted their price target for the company from $30.00 to $33.00 in a report on Thursday, October 3rd. Finally, Compass Point lifted their price target on InvenTrust Properties from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Tuesday, September 10th.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.