InvenTrust Properties (NYSE:IVT) Reaches New 1-Year High – Here’s What Happened

InvenTrust Properties Corp. (NYSE:IVT) shares hit a new 52-week high on Wednesday . The stock traded as high as $31.50 and last traded at $30.6770, with a volume of 27239 shares trading hands. The stock had previously closed at $30.59.

Analyst Ratings Changes

A number of research analysts have recently weighed in on IVT shares. Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $33.00 price target (up previously from $32.00) on shares of InvenTrust Properties in a research report on Monday, December 15th. JPMorgan Chase & Co. started coverage on InvenTrust Properties in a report on Friday, October 17th. They set a “neutral” rating and a $30.00 price objective on the stock. Finally, Wells Fargo & Company assumed coverage on InvenTrust Properties in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $33.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.60.

InvenTrust Properties Stock Up 1.4%

The firm’s 50-day simple moving average is $28.99 and its 200-day simple moving average is $28.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 3.17 and a beta of 0.86.

InvenTrust Properties (NYSE:IVT) last released its earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The company had revenue of $77.38 million during the quarter, compared to the consensus estimate of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Sell-side analysts forecast that InvenTrust Properties Corp. will post 1.79 earnings per share for the current year.

InvenTrust Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were paid a $0.2377 dividend. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, December 30th. InvenTrust Properties’s dividend payout ratio is presently 66.43%.

Institutional Investors Weigh In On InvenTrust Properties

Institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its holdings in shares of InvenTrust Properties by 30.8% during the 4th quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock worth $174,612,000 after acquiring an additional 1,456,918 shares during the period. Charles Schwab Investment Management Inc. raised its position in InvenTrust Properties by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,478 shares of the company’s stock worth $38,943,000 after purchasing an additional 12,176 shares in the last quarter. Centersquare Investment Management LLC lifted its stake in InvenTrust Properties by 600.3% during the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock worth $36,329,000 after purchasing an additional 1,103,911 shares during the period. Vision Capital Corp boosted its holdings in InvenTrust Properties by 11.8% during the third quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock valued at $31,650,000 after purchasing an additional 116,402 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of InvenTrust Properties by 5.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,008,310 shares of the company’s stock valued at $28,858,000 after purchasing an additional 49,336 shares during the period. Institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Company Profile

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.