United Capital Financial Advisers LLC lessened its position in InvenTrust Properties Corp. (NYSE:IVT – Get Rating) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,471 shares of the company’s stock after selling 1,571 shares during the quarter. United Capital Financial Advisers LLC’s holdings in InvenTrust Properties were worth $202,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. purchased a new position in InvenTrust Properties in the 1st quarter valued at $171,169,000. BlackRock Inc. purchased a new position in shares of InvenTrust Properties during the 1st quarter worth approximately $71,167,000. State Street Corp purchased a new stake in InvenTrust Properties in the first quarter valued at approximately $44,161,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of InvenTrust Properties in the first quarter valued at $20,038,000. Finally, Northern Trust Corp raised its holdings in shares of InvenTrust Properties by 167.5% in the 2nd quarter. Northern Trust Corp now owns 776,100 shares of the company’s stock valued at $20,016,000 after buying an additional 485,917 shares during the period. 51.76% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, TheStreet upgraded InvenTrust Properties from a “d” rating to a “c” rating in a research note on Tuesday, February 14th.
InvenTrust Properties Price Performance
InvenTrust Properties Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, January 13th. Investors of record on Thursday, December 29th were given a $0.2052 dividend. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.21. The ex-dividend date was Wednesday, December 28th. This represents a $0.82 annualized dividend and a yield of 3.56%. InvenTrust Properties’s dividend payout ratio is 106.49%.
About InvenTrust Properties
InvenTrust Properties Corp. engages in the ownership, management, acquisition and development of multi-tenant retail platform. Its retail properties includes grocery-anchored community, neighborhood centers and necessity-based power centers. The company was founded on October 4, 2004 and is headquartered in Downers Grove, IL.
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