InvenTrust Properties Corp. (NYSE:IVT) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 96.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,442 shares of the company's stock after selling 253,215 shares during the period. International Assets Investment Management LLC's holdings in InvenTrust Properties were worth $251,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new position in shares of InvenTrust Properties during the 3rd quarter worth about $27,000. Creekmur Asset Management LLC raised its holdings in shares of InvenTrust Properties by 96.7% during the third quarter. Creekmur Asset Management LLC now owns 1,617 shares of the company's stock valued at $46,000 after acquiring an additional 795 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 valued at $75,000 after acquiring an additional 681 shares in the last quarter. Vestcor Inc acquired a new stake in shares of InvenTrust Properties in the third quarter worth approximately $104,000. Finally, US Bancorp DE increased its position in shares of InvenTrust Properties by 39.8% during the third quarter. US Bancorp DE now owns 3,810 shares of the company's stock worth $108,000 after purchasing an additional 1,085 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

InvenTrust Properties Trading Up 0.8 %

NYSE:IVT traded up $0.24 during trading hours on Monday, hitting $28.92. The company had a trading volume of 262,490 shares, compared to its average volume of 421,241. The company has a 50-day moving average of $30.38 and a 200 day moving average of $28.92. 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 company has a market cap of $2.23 billion, a P/E ratio of 321.37, a P/E/G ratio of 3.57 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.

InvenTrust Properties (NYSE:IVT - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.44). The business 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 previous year, the company earned $0.41 EPS. Sell-side analysts expect that InvenTrust Properties Corp. will post 1.73 earnings per share for the current year.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Monday, December 30th will be given a dividend of $0.2263 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 3.13%. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. InvenTrust Properties's dividend payout ratio (DPR) is presently 1,000.00%.

Analysts Set New Price Targets

Several brokerages have issued reports on IVT. Jefferies Financial Group raised shares of InvenTrust Properties from a "hold" rating to a "buy" rating and lifted their target price for the stock from $33.00 to $34.00 in a research note on Thursday, January 2nd. Bank of America upgraded shares of InvenTrust Properties from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $30.00 to $33.00 in a research report on Thursday, October 3rd.

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.