InvenTrust Properties Corp. (NYSE:IVT) Shares Acquired by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. grew its position in shares of InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 7.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 521,979 shares of the company's stock after purchasing an additional 34,737 shares during the period. Jacobs Levy Equity Management Inc. owned approximately 0.68% of InvenTrust Properties worth $14,809,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in InvenTrust Properties by 21.9% in the third quarter. Principal Financial Group Inc. now owns 4,117,296 shares of the company's stock worth $116,808,000 after acquiring an additional 738,784 shares in the last quarter. FMR LLC grew its position in InvenTrust Properties by 22,456.4% in the third quarter. FMR LLC now owns 580,602 shares of the company's stock worth $16,472,000 after acquiring an additional 578,028 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of InvenTrust Properties by 425.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 462,879 shares of the company's stock valued at $13,132,000 after buying an additional 374,804 shares during the period. International Assets Investment Management LLC boosted its position 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 valued at $7,423,000 after buying an additional 248,050 shares during the period. Finally, Savant Capital LLC purchased a new position in shares of InvenTrust Properties during the second quarter valued at approximately $4,445,000. Hedge funds and other institutional investors own 61.70% of the company's stock.

Analyst Upgrades and Downgrades

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

InvenTrust Properties Trading Down 0.3 %

Shares of InvenTrust Properties stock traded down $0.08 on Thursday, hitting $31.03. 273,832 shares of the company traded hands, compared to its average volume of 376,398. The stock's 50 day moving average price is $29.89 and its 200-day moving average price is $27.81. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.42. InvenTrust Properties Corp. has a 52 week low of $23.53 and a 52 week high of $31.65. The company has a market cap of $2.39 billion, a PE ratio of 345.71, a PEG ratio of 3.55 and a beta of 0.97.

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 the consensus estimate of $0.43 by ($0.44). The company had revenue of $68.52 million for the quarter. InvenTrust Properties had a net margin of 2.52% and a return on equity of 0.42%. During the same period in the previous year, the company earned $0.41 earnings per share. Equities research analysts predict that InvenTrust Properties Corp. will post 1.73 EPS for the current year.

InvenTrust Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties's dividend payout ratio (DPR) is 1,011.22%.

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.