Intech Investment Management LLC Has $1.02 Million Stock Position in InvenTrust Properties Corp. (NYSE:IVT)

Intech Investment Management LLC increased its stake in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 64.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,886 shares of the company's stock after purchasing an additional 13,296 shares during the period. Intech Investment Management LLC's holdings in InvenTrust Properties were worth $1,021,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Allworth Financial LP grew its position in shares of InvenTrust Properties by 4.4% during the 4th quarter. Allworth Financial LP now owns 8,992 shares of the company's stock worth $258,000 after buying an additional 383 shares during the period. US Bancorp DE grew its holdings in InvenTrust Properties by 19.8% during the fourth quarter. US Bancorp DE now owns 4,566 shares of the company's stock valued at $138,000 after purchasing an additional 756 shares during the period. Victory Capital Management Inc. grew its holdings in InvenTrust Properties by 10.7% during the fourth quarter. Victory Capital Management Inc. now owns 9,497 shares of the company's stock valued at $286,000 after purchasing an additional 920 shares during the period. Jones Financial Companies Lllp increased its stake in InvenTrust Properties by 123.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,858 shares of the company's stock valued at $56,000 after purchasing an additional 1,026 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in InvenTrust Properties by 12.6% in the fourth quarter. Apollon Wealth Management LLC now owns 14,769 shares of the company's stock worth $445,000 after purchasing an additional 1,654 shares during the period. Institutional investors own 61.70% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on IVT. Jefferies Financial Group raised shares of InvenTrust Properties from a "hold" rating to a "buy" rating and boosted their price target for the company from $33.00 to $34.00 in a report on Thursday, January 2nd. Wolfe Research initiated coverage on InvenTrust Properties in a report on Thursday, March 20th. They issued a "peer perform" rating for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, InvenTrust Properties presently has a consensus rating of "Moderate Buy" and an average target price of $32.00.

InvenTrust Properties Stock Down 0.3 %

InvenTrust Properties stock traded down $0.09 during midday trading on Tuesday, reaching $29.36. The stock had a trading volume of 31,363 shares, compared to its average volume of 425,577. The stock has a market capitalization of $2.27 billion, a P/E ratio of 163.08, a price-to-earnings-growth ratio of 3.34 and a beta of 0.96. The firm's fifty day simple moving average is $29.51 and its 200-day simple moving average is $29.75. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.99 and a current ratio of 1.99. 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 posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.39. InvenTrust Properties had a net margin of 4.99% and a return on equity of 0.83%. As a group, analysts expect that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.2376 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. This represents a $0.95 annualized dividend and a yield of 3.24%. InvenTrust Properties's payout ratio is 527.78%.

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.