International Assets Investment Management LLC Purchases Shares of 29,876 InvenTrust Properties Corp. (NYSE:IVT)

International Assets Investment Management LLC acquired a new stake in shares of InvenTrust Properties Corp. (NYSE:IVT) in the 4th quarter, Holdings Channel.com reports. The fund acquired 29,876 shares of the company’s stock, valued at approximately $757,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Wolverine Asset Management LLC purchased a new stake in shares of InvenTrust Properties in the third quarter worth about $30,000. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of InvenTrust Properties during the 4th quarter worth approximately $34,000. Quantbot Technologies LP boosted its position in shares of InvenTrust Properties by 8.0% during the 3rd quarter. Quantbot Technologies LP now owns 5,735 shares of the company’s stock valued at $137,000 after acquiring an additional 425 shares during the last quarter. VitalStone Financial LLC grew its holdings in shares of InvenTrust Properties by 2,093.8% in the third quarter. VitalStone Financial LLC now owns 7,020 shares of the company’s stock valued at $172,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Allworth Financial LP raised its stake in InvenTrust Properties by 9.6% during the third quarter. Allworth Financial LP now owns 7,499 shares of the company’s stock valued at $179,000 after purchasing an additional 657 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Stock Performance

Shares of NYSE:IVT opened at $25.47 on Wednesday. The firm has a fifty day simple moving average of $24.95 and a two-hundred day simple moving average of $25.06. InvenTrust Properties Corp. has a 52 week low of $20.76 and a 52 week high of $27.25. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1.73 billion, a P/E ratio of 318.41, a PEG ratio of 4.21 and a beta of 1.04.

InvenTrust Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a $0.226 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.90 annualized dividend and a yield of 3.55%. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.22. InvenTrust Properties’s dividend payout ratio (DPR) is currently 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.