Quadrature Capital Ltd Invests $687,000 in InvenTrust Properties Corp. (NYSE:IVT)

Quadrature Capital Ltd bought a new stake in InvenTrust Properties Corp. (NYSE:IVT - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,242 shares of the company's stock, valued at approximately $687,000.

A number of other institutional investors have also made changes to their positions in the business. Point72 Asset Management L.P. bought a new position in InvenTrust Properties in the 3rd quarter worth approximately $1,076,000. Maven Securities LTD bought a new stake in shares of InvenTrust Properties during the third quarter worth $3,279,000. Investmark Advisory Group LLC acquired a new position in InvenTrust Properties in the third quarter valued at approximately $226,000. Jacobs Levy Equity Management Inc. boosted its stake in InvenTrust Properties by 7.1% in the third quarter. Jacobs Levy Equity Management Inc. now owns 521,979 shares of the company's stock valued at $14,809,000 after acquiring an additional 34,737 shares during the last quarter. Finally, Adelante Capital Management LLC grew its holdings in InvenTrust Properties by 1.6% during the 3rd quarter. Adelante Capital Management LLC now owns 363,945 shares of the company's stock worth $10,325,000 after acquiring an additional 5,826 shares during the period. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Stock Down 0.7 %

IVT stock traded down $0.23 during midday trading on Monday, hitting $30.97. The company's stock had a trading volume of 311,583 shares, compared to its average volume of 375,768. The company's fifty day moving average price is $30.01 and its 200 day moving average price is $27.92. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.59 and a quick ratio of 3.59. InvenTrust Properties Corp. has a twelve month low of $23.53 and a twelve month high of $31.65. The stock has a market capitalization of $2.39 billion, a P/E ratio of 346.78, a PEG ratio of 3.60 and a beta of 0.97.

InvenTrust Properties (NYSE:IVT - Get Free Report) last released its earnings results on Tuesday, October 29th. The company reported ($0.01) earnings per share (EPS) 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 return on equity of 0.42% and a net margin of 2.52%. During the same quarter in the previous year, the firm earned $0.41 EPS. As a group, equities research analysts predict that InvenTrust Properties Corp. will post 1.73 EPS for the current year.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.226 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.90 annualized dividend and a dividend yield of 2.92%. InvenTrust Properties's dividend payout ratio is presently 1,000.00%.

Analysts Set New Price Targets

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

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.