Rhumbline Advisers Has $4.09 Million Stock Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Rhumbline Advisers lifted its position in InvenTrust Properties Corp. (NYSE:IVT - Free Report) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,797 shares of the company's stock after buying an additional 13,722 shares during the quarter. Rhumbline Advisers owned about 0.18% of InvenTrust Properties worth $4,092,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its stake in InvenTrust Properties by 34.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,634 shares of the company's stock worth $75,000 after purchasing an additional 681 shares in the last quarter. Vestcor Inc acquired a new stake in shares of InvenTrust Properties in the third quarter valued at approximately $104,000. US Bancorp DE boosted its stake in shares of InvenTrust Properties by 39.8% in the third quarter. US Bancorp DE now owns 3,810 shares of the company's stock valued at $108,000 after buying an additional 1,085 shares during the period. Longboard Asset Management LP acquired a new stake in InvenTrust Properties during the fourth quarter worth approximately $228,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in InvenTrust Properties during the 3rd quarter worth $217,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised 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 research note on Thursday, January 2nd.

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InvenTrust Properties Price Performance

InvenTrust Properties stock traded down $0.02 during mid-day trading on Tuesday, reaching $29.91. The company had a trading volume of 180,486 shares, compared to its average volume of 377,381. The business has a fifty day simple moving average of $29.69 and a 200 day simple moving average of $29.73. The company has a market cap of $2.32 billion, a P/E ratio of 166.36, a P/E/G ratio of 3.34 and a beta of 0.96. InvenTrust Properties Corp. has a fifty-two week low of $23.53 and a fifty-two week high of $31.65. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.42.

InvenTrust Properties (NYSE:IVT - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.39. InvenTrust Properties had a return on equity of 0.83% and a net margin of 4.99%. On average, equities research analysts predict that InvenTrust Properties Corp. will post 1.79 earnings per share for the current year.

InvenTrust Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, December 30th were issued a $0.2263 dividend. The ex-dividend date of this dividend was Monday, December 30th. This is a boost from InvenTrust Properties's previous quarterly dividend of $0.23. This represents a $0.91 annualized dividend and a yield of 3.03%. InvenTrust Properties's dividend payout ratio is presently 500.00%.

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.