InvenTrust Properties (NYSE:IVT) Cut to Sell at Wall Street Zen

Wall Street Zen downgraded shares of InvenTrust Properties (NYSE:IVT) from a hold rating to a sell rating in a research report sent to investors on Sunday.

Other analysts have also recently issued reports about the company. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Jefferies Financial Group restated a “buy” rating and set a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Finally, KeyCorp started coverage on shares of InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $32.17.

InvenTrust Properties Stock Up 0.2%

IVT opened at $31.75 on Friday. InvenTrust Properties has a fifty-two week low of $25.21 and a fifty-two week high of $32.63. The company has a market capitalization of $2.47 billion, a P/E ratio of 22.20, a P/E/G ratio of 3.00 and a beta of 0.84. The firm’s fifty day moving average price is $30.13 and its two-hundred day moving average price is $29.07. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.17 and a quick ratio of 1.17.

InvenTrust Properties (NYSE:IVT) last announced its 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 for the quarter, compared to analyst estimates of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, analysts anticipate that InvenTrust Properties will post 1.79 EPS for the current year.

InvenTrust Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.1%. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Tuesday, March 31st. InvenTrust Properties’s dividend payout ratio is currently 66.43%.

Hedge Funds Weigh In On InvenTrust Properties

Several large investors have recently modified their holdings of IVT. Corient Private Wealth LLC purchased a new position in InvenTrust Properties in the 4th quarter valued at approximately $209,000. Hsbc Holdings PLC raised its position in shares of InvenTrust Properties by 1.3% during the 4th quarter. Hsbc Holdings PLC now owns 130,259 shares of the company’s stock valued at $3,674,000 after buying an additional 1,634 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new stake in InvenTrust Properties during the fourth quarter worth about $65,000. Invesco Ltd. boosted its stake in InvenTrust Properties by 1.7% in the fourth quarter. Invesco Ltd. now owns 193,330 shares of the company’s stock worth $5,454,000 after buying an additional 3,240 shares in the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in shares of InvenTrust Properties in the 4th quarter valued at $57,000. Hedge funds and other 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.