InvenTrust Properties (NYSE:IVT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of InvenTrust Properties (NYSE:IVT) from a sell rating to a hold rating in a research note issued to investors on Saturday.

A number of other research firms have also weighed in on IVT. Jefferies Financial Group reiterated a “buy” rating and set a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Finally, KeyCorp started coverage on InvenTrust Properties in a research report on Friday. They set an “overweight” rating and a $35.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $32.17.

InvenTrust Properties Trading Down 0.3%

NYSE:IVT opened at $31.04 on Friday. The firm has a market capitalization of $2.41 billion, a P/E ratio of 21.70, a P/E/G ratio of 2.91 and a beta of 0.84. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.46. The company has a fifty day moving average of $29.76 and a 200 day moving average of $29.00. InvenTrust Properties has a 52 week low of $25.21 and a 52 week high of $31.91.

InvenTrust Properties (NYSE:IVT) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a return on equity of 6.22% and a net margin of 37.24%.The firm 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. On average, research analysts predict that InvenTrust Properties will post 1.79 earnings per share for the current year.

InvenTrust Properties Announces Dividend

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

Institutional Trading of InvenTrust Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Loomis Sayles & Co. L P purchased a new position in InvenTrust Properties during the 2nd quarter valued at about $26,000. Heritage Wealth Advisors bought a new position in shares of InvenTrust Properties during the second quarter valued at approximately $34,000. EverSource Wealth Advisors LLC lifted its holdings in shares of InvenTrust Properties by 44.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 418 shares during the last quarter. Global Retirement Partners LLC boosted its position in shares of InvenTrust Properties by 82.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock worth $39,000 after purchasing an additional 621 shares in the last quarter. Finally, Avalon Trust Co bought a new stake in shares of InvenTrust Properties in the 3rd quarter worth approximately $43,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

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.