Strs Ohio Purchases 42,500 Shares of InvenTrust Properties Corp. $IVT

Strs Ohio raised its position in InvenTrust Properties Corp. (NYSE:IVT) by 308.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,300 shares of the company’s stock after buying an additional 42,500 shares during the quarter. Strs Ohio owned 0.07% of InvenTrust Properties worth $1,715,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Comerica Bank grew its stake in shares of InvenTrust Properties by 80.5% in the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after acquiring an additional 1,001 shares in the last quarter. Amundi boosted its holdings in InvenTrust Properties by 9.8% in the 1st quarter. Amundi now owns 45,205 shares of the company’s stock valued at $1,268,000 after purchasing an additional 4,018 shares during the period. AQR Capital Management LLC grew its position in shares of InvenTrust Properties by 29.3% during the 1st quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock worth $302,000 after purchasing an additional 2,331 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of InvenTrust Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock worth $1,355,000 after purchasing an additional 2,014 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of InvenTrust Properties by 66.0% in the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after buying an additional 276,474 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on IVT shares. Weiss Ratings lowered InvenTrust Properties from a “buy (a-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 price target (up from $34.00) on shares of InvenTrust Properties in a research note on Tuesday, May 26th. Wall Street Zen upgraded shares of InvenTrust Properties from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Jefferies Financial Group upgraded shares of InvenTrust Properties to a “strong-buy” rating in a research report on Friday, June 26th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $34.71.

InvenTrust Properties Stock Performance

NYSE:IVT opened at $35.70 on Wednesday. The stock’s 50-day moving average is $33.53 and its 200-day moving average is $31.41. InvenTrust Properties Corp. has a 1-year low of $26.52 and a 1-year high of $36.27. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The stock has a market cap of $2.78 billion, a P/E ratio of 25.32, a price-to-earnings-growth ratio of 2.89 and a beta of 0.78.

InvenTrust Properties (NYSE:IVT) last posted its earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The business had revenue of $82.58 million for the quarter, compared to the consensus estimate of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts anticipate that InvenTrust Properties Corp. will post 1.99 earnings per share for the current year.

InvenTrust Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 30th. InvenTrust Properties’s payout ratio is 70.92%.

InvenTrust Properties 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.