Barclays PLC Has $3.09 Million Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Barclays PLC increased its holdings in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 285.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,027 shares of the company's stock after buying an additional 80,728 shares during the quarter. Barclays PLC owned about 0.14% of InvenTrust Properties worth $3,093,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IVT. Executive Wealth Management LLC grew its position in InvenTrust Properties by 4.3% in the second quarter. Executive Wealth Management LLC now owns 9,703 shares of the company's stock worth $240,000 after buying an additional 400 shares during the last quarter. Arizona State Retirement System raised its position in InvenTrust Properties by 2.3% during the second quarter. Arizona State Retirement System now owns 18,982 shares of the company's stock valued at $470,000 after acquiring an additional 423 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of InvenTrust Properties by 6.9% in the 2nd quarter. Van ECK Associates Corp now owns 10,426 shares of the company's stock valued at $258,000 after purchasing an additional 674 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of 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 buying an additional 681 shares during the last quarter. Finally, CWM LLC lifted its holdings in InvenTrust Properties by 9.3% in the 3rd quarter. CWM LLC now owns 9,022 shares of the company's stock worth $256,000 after purchasing an additional 766 shares during the last quarter. Institutional investors own 61.70% of the company's stock.

InvenTrust Properties Trading Up 0.9 %

Shares of IVT traded up $0.27 during trading hours on Tuesday, hitting $30.07. 178,860 shares of the stock traded hands, compared to its average volume of 383,550. The firm has a market capitalization of $2.32 billion, a PE ratio of 334.15, a price-to-earnings-growth ratio of 3.56 and a beta of 0.97. InvenTrust Properties Corp. has a 1-year low of $23.53 and a 1-year high of $31.65. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average of $30.34 and a 200-day moving average of $28.38.

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 for the quarter, missing analysts' consensus estimates 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 business posted $0.41 earnings per share. Analysts expect that InvenTrust Properties Corp. will post 1.73 EPS for the current year.

InvenTrust Properties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th will be given a dividend of $0.2263 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 3.01%. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, December 30th. InvenTrust Properties's dividend payout ratio (DPR) is currently 1,000.00%.

Analysts Set New Price Targets

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

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.