Geneos Wealth Management Inc. Reduces Stock Position in InvenTrust Properties Corp. (NYSE:IVT)

Geneos Wealth Management Inc. reduced its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,432 shares of the company’s stock after selling 531 shares during the quarter. Geneos Wealth Management Inc.’s holdings in InvenTrust Properties were worth $416,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. purchased a new stake in InvenTrust Properties in the 1st quarter worth approximately $171,169,000. BlackRock Inc. purchased a new stake in InvenTrust Properties in the 1st quarter worth approximately $71,167,000. State Street Corp purchased a new stake in InvenTrust Properties in the 1st quarter worth approximately $44,161,000. Charles Schwab Investment Management Inc. purchased a new stake in InvenTrust Properties in the 1st quarter worth approximately $20,038,000. Finally, Northern Trust Corp lifted its stake in InvenTrust Properties by 167.5% in the 2nd quarter. Northern Trust Corp now owns 776,100 shares of the company’s stock worth $20,016,000 after purchasing an additional 485,917 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Performance

NYSE IVT opened at $24.30 on Friday. The company’s 50 day simple moving average is $25.02 and its two-hundred day simple moving average is $25.00. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.28 and a quick ratio of 2.28. The stock has a market capitalization of $1.65 billion, a PE ratio of 303.79, a P/E/G ratio of 4.08 and a beta of 1.04. InvenTrust Properties Corp. has a 1 year low of $20.76 and a 1 year high of $27.25.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Sunday, March 31st will be given a dividend of $0.226 per share. The ex-dividend date is Wednesday, March 27th. This represents a $0.90 annualized dividend and a dividend yield of 3.72%. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.22. InvenTrust Properties’s dividend payout ratio (DPR) is 1,125.14%.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.