Hudson Bay Capital Management LP Takes $23.58 Million Position in InvenTrust Properties Corp. $IVT

Hudson Bay Capital Management LP purchased a new position in InvenTrust Properties Corp. (NYSE:IVT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 823,924 shares of the company’s stock, valued at approximately $23,581,000. Hudson Bay Capital Management LP owned 1.06% of InvenTrust Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its stake in InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock worth $38,000 after purchasing an additional 418 shares during the period. Lazard Asset Management LLC grew its holdings in shares of InvenTrust Properties by 1.0% in the second quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock worth $1,298,000 after purchasing an additional 465 shares during the last quarter. Gallacher Capital Management LLC increased its stake in InvenTrust Properties by 6.1% in the 3rd quarter. Gallacher Capital Management LLC now owns 8,747 shares of the company’s stock worth $250,000 after buying an additional 500 shares during the period. California State Teachers Retirement System increased its stake in InvenTrust Properties by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 71,333 shares of the company’s stock worth $1,955,000 after buying an additional 640 shares during the period. Finally, Daiwa Securities Group Inc. lifted its holdings in InvenTrust Properties by 2.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 27,325 shares of the company’s stock valued at $749,000 after buying an additional 723 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Stock Down 0.3%

Shares of InvenTrust Properties stock opened at $31.68 on Thursday. 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 Corp. has a 1 year low of $25.21 and a 1 year high of $32.63. The firm’s 50-day moving average is $30.19 and its two-hundred day moving average is $29.08. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 3.01 and a beta of 0.84.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 EPS 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 business 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. As a group, research analysts expect that InvenTrust Properties Corp. will post 1.79 earnings per share for the current fiscal year.

InvenTrust Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.2%. 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 payout ratio is presently 66.43%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on IVT. Jefferies Financial Group reissued a “buy” rating and issued a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research report on Monday, December 15th. Wall Street Zen downgraded shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Sunday. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Finally, KeyCorp began coverage on InvenTrust Properties in a research note on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, InvenTrust Properties presently has an average rating of “Moderate Buy” and an average target price of $32.17.

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.