InvenTrust Properties Corp. (NYSE:IVT) Shares Acquired by GSI Capital Advisors LLC

GSI Capital Advisors LLC increased its position in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 49.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 177,366 shares of the company's stock after purchasing an additional 59,058 shares during the period. InvenTrust Properties accounts for about 2.8% of GSI Capital Advisors LLC's holdings, making the stock its 19th biggest holding. GSI Capital Advisors LLC owned approximately 0.23% of InvenTrust Properties worth $5,344,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of IVT. JPMorgan Chase & Co. lifted its holdings in InvenTrust Properties by 6.8% in the third quarter. JPMorgan Chase & Co. now owns 552,774 shares of the company's stock valued at $15,682,000 after acquiring an additional 35,428 shares during the last quarter. Barclays PLC lifted its stake in shares of InvenTrust Properties by 285.3% in the 3rd quarter. Barclays PLC now owns 109,027 shares of the company's stock valued at $3,093,000 after purchasing an additional 80,728 shares during the last quarter. Entropy Technologies LP purchased a new position in shares of InvenTrust Properties during the 4th quarter worth $536,000. New Age Alpha Advisors LLC acquired a new stake in shares of InvenTrust Properties during the 4th quarter worth about $848,000. Finally, Rhumbline Advisers raised its holdings in InvenTrust Properties by 11.2% in the 4th quarter. Rhumbline Advisers now owns 135,797 shares of the company's stock valued at $4,092,000 after buying an additional 13,722 shares during the period. 61.70% of the stock is currently owned by institutional investors and hedge funds.

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InvenTrust Properties Stock Down 3.0 %

IVT traded down $0.85 during trading hours on Friday, hitting $27.19. 632,325 shares of the company's stock were exchanged, compared to its average volume of 407,741. The firm has a market cap of $2.11 billion, a P/E ratio of 151.06, a price-to-earnings-growth ratio of 3.34 and a beta of 0.93. InvenTrust Properties Corp. has a 12-month low of $23.53 and a 12-month high of $31.65. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.42. The firm has a 50 day moving average of $29.48 and a 200 day moving average of $29.72.

InvenTrust Properties (NYSE:IVT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.39. InvenTrust Properties had a return on equity of 0.83% and a net margin of 4.99%. Analysts predict that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.2376 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.50%. This is a positive change from InvenTrust Properties's previous quarterly dividend of $0.23. The ex-dividend date is Monday, March 31st. InvenTrust Properties's dividend payout ratio is presently 527.78%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on IVT shares. Jefferies Financial Group raised shares of InvenTrust Properties from a "hold" rating to a "buy" rating and increased their target price for the stock from $33.00 to $34.00 in a research note on Thursday, January 2nd. Wells Fargo & Company dropped their target price on shares of InvenTrust Properties from $33.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Finally, Wolfe Research started coverage on InvenTrust Properties in a research note on Thursday, March 20th. They set a "peer perform" rating on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, InvenTrust Properties presently has a consensus rating of "Moderate Buy" and an average price target of $32.00.

About InvenTrust Properties

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.