Raymond James Financial Services Advisors Inc. Has $1.04 Million Position in InvenTrust Properties Corp. (NYSE:IVT)

Raymond James Financial Services Advisors Inc. lowered its holdings in InvenTrust Properties Corp. (NYSE:IVT) by 3.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 40,957 shares of the company’s stock after selling 1,481 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in InvenTrust Properties were worth $1,038,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC acquired a new position in InvenTrust Properties in the third quarter worth $25,000. Comerica Bank acquired a new position in InvenTrust Properties in the third quarter worth $28,000. Coppell Advisory Solutions Corp. acquired a new position in shares of InvenTrust Properties during the fourth quarter valued at $29,000. Wolverine Asset Management LLC acquired a new position in shares of InvenTrust Properties during the third quarter valued at $30,000. Finally, Tyler Stone Wealth Management acquired a new position in shares of InvenTrust Properties during the second quarter valued at $36,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Trading Up 1.0 %

Shares of IVT opened at $24.30 on Monday. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.52. InvenTrust Properties Corp. has a 12-month low of $20.76 and a 12-month high of $27.25. The firm has a market capitalization of $1.65 billion, a PE ratio of 303.79, a price-to-earnings-growth ratio of 4.12 and a beta of 1.04. The stock’s fifty day simple moving average is $25.02 and its 200-day simple moving average is $25.01.

InvenTrust Properties Increases Dividend

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

InvenTrust Properties 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.