Free Trial

International Assets Investment Management LLC Increases Holdings in InvenTrust Properties Corp. (NYSE:IVT)

InvenTrust Properties logo with Finance background

International Assets Investment Management LLC increased its holdings in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 1,823.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 261,657 shares of the company's stock after purchasing an additional 248,050 shares during the quarter. International Assets Investment Management LLC owned approximately 0.39% of InvenTrust Properties worth $7,423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IVT. Executive Wealth Management LLC grew its position in shares of InvenTrust Properties by 4.3% in the 2nd quarter. Executive Wealth Management LLC now owns 9,703 shares of the company's stock valued at $240,000 after buying an additional 400 shares during the last quarter. Arizona State Retirement System increased its position in InvenTrust Properties by 2.3% during the 2nd quarter. Arizona State Retirement System now owns 18,982 shares of the company's stock valued at $470,000 after purchasing an additional 423 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in InvenTrust Properties by 2.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 28,975 shares of the company's stock worth $745,000 after purchasing an additional 565 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of InvenTrust Properties by 6.9% in the 2nd quarter. Van ECK Associates Corp now owns 10,426 shares of the company's stock worth $258,000 after purchasing an additional 674 shares during the period. Finally, Beacon Capital Management LLC boosted its stake in shares of InvenTrust Properties by 23.3% in the 2nd quarter. Beacon Capital Management LLC now owns 3,663 shares of the company's stock valued at $91,000 after purchasing an additional 693 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

InvenTrust Properties Stock Up 0.5 %

Shares of IVT stock traded up $0.16 on Friday, hitting $29.61. The stock had a trading volume of 195,169 shares, compared to its average volume of 375,123. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.59 and a quick ratio of 1.24. The business has a 50 day moving average of $29.26 and a 200 day moving average of $26.85. InvenTrust Properties Corp. has a 12-month low of $23.53 and a 12-month high of $30.33. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 327.26, a price-to-earnings-growth ratio of 3.62 and a beta of 0.98.

InvenTrust Properties (NYSE:IVT - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.44). InvenTrust Properties had a net margin of 2.52% and a return on equity of 0.42%. The business had revenue of $68.52 million for the quarter. During the same period last year, the firm earned $0.41 earnings per share. As a group, analysts expect that InvenTrust Properties Corp. will post 1.72 EPS for the current year.

InvenTrust Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Monday, September 30th. InvenTrust Properties's dividend payout ratio (DPR) is currently 1,011.22%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on IVT. Compass Point boosted their target price on shares of InvenTrust Properties from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Tuesday, September 10th. Wells Fargo & Company boosted their price objective on InvenTrust Properties from $29.00 to $32.00 and gave the company an "overweight" rating in a research note on Wednesday, August 28th. Finally, Bank of America raised InvenTrust Properties from a "neutral" rating to a "buy" rating and raised their target price for the stock from $30.00 to $33.00 in a research note on Thursday, October 3rd.

Read Our Latest Stock Report on IVT

About InvenTrust Properties

(Free Report)

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.

Read More

Institutional Ownership by Quarter for InvenTrust Properties (NYSE:IVT)

Should you invest $1,000 in InvenTrust Properties right now?

Before you consider InvenTrust Properties, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InvenTrust Properties wasn't on the list.

While InvenTrust Properties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines