Eagle Asset Management Inc. Buys 100,168 Shares of InvenTrust Properties Corp. (NYSE:IVT)

Eagle Asset Management Inc. boosted its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 85.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 216,832 shares of the company's stock after buying an additional 100,168 shares during the quarter. Eagle Asset Management Inc. owned about 0.28% of InvenTrust Properties worth $6,709,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of InvenTrust Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 9,588,192 shares of the company's stock worth $246,512,000 after purchasing an additional 91,579 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of InvenTrust Properties by 1,823.0% during the third quarter. International Assets Investment Management LLC now owns 261,657 shares of the company's stock worth $7,423,000 after buying an additional 248,050 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of InvenTrust Properties by 108.6% in the second quarter. Harbor Capital Advisors Inc. now owns 47,611 shares of the company's stock valued at $1,179,000 after acquiring an additional 24,791 shares during the period. Vanderbilt University bought a new position in InvenTrust Properties during the third quarter worth $742,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in InvenTrust Properties by 34.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,634 shares of the company's stock worth $75,000 after acquiring an additional 681 shares during the period. 61.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

InvenTrust Properties Stock Down 0.4 %

NYSE:IVT traded down $0.11 during trading hours on Monday, reaching $30.64. 529,643 shares of the stock were exchanged, compared to its average volume of 376,898. The firm has a 50 day moving average of $29.64 and a 200 day moving average of $27.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.59 and a quick ratio of 3.59. The stock has a market cap of $2.36 billion, a PE ratio of 341.70, a PEG ratio of 3.55 and a beta of 0.97. InvenTrust Properties Corp. has a twelve month low of $23.53 and a twelve month high of $31.37.

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

InvenTrust Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.226 dividend. This represents a $0.90 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties's dividend payout ratio is currently 1,011.22%.

InvenTrust Properties 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.