Perigon Wealth Management LLC Decreases Holdings in InvenTrust Properties Corp. (NYSE:IVT)

Perigon Wealth Management LLC cut its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 6.3% in the 4th quarter, HoldingsChannel reports. The firm owned 14,213 shares of the company’s stock after selling 950 shares during the quarter. Perigon Wealth Management LLC’s holdings in InvenTrust Properties were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in IVT. JPMorgan Chase & Co. bought a new position in shares of InvenTrust Properties during the 1st quarter worth $3,915,000. Raymond James & Associates bought a new position in shares of InvenTrust Properties during the 1st quarter worth $274,000. Bank of New York Mellon Corp bought a new position in shares of InvenTrust Properties during the 1st quarter worth $1,310,000. US Bancorp DE bought a new position in shares of InvenTrust Properties during the 1st quarter worth $48,000. Finally, Private Advisor Group LLC bought a new position in shares of InvenTrust Properties during the 1st quarter worth $271,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Stock Up 0.1 %

IVT stock opened at $24.08 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.28 and a current ratio of 2.28. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 301.04, a PEG ratio of 4.12 and a beta of 1.04. InvenTrust Properties Corp. has a fifty-two week low of $20.76 and a fifty-two week high of $27.25. The stock has a fifty day moving average of $25.01 and a 200-day moving average of $25.01.

InvenTrust Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a dividend of $0.226 per share. This is an increase from InvenTrust Properties’s previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, March 27th. This represents a $0.90 annualized dividend and a dividend yield of 3.75%. InvenTrust Properties’s dividend payout ratio is presently 1,125.14%.

About InvenTrust Properties

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.