Mirae Asset Global Investments Co. Ltd. Purchases 1,446 Shares of InvenTrust Properties Corp. (NYSE:IVT)

Mirae Asset Global Investments Co. Ltd. lifted its position in InvenTrust Properties Corp. (NYSE:IVT) by 4.6% during the 4th quarter, HoldingsChannel reports. The firm owned 32,704 shares of the company’s stock after acquiring an additional 1,446 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in InvenTrust Properties were worth $829,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Quantbot Technologies LP increased its holdings in shares of InvenTrust Properties by 8.0% in the third quarter. Quantbot Technologies LP now owns 5,735 shares of the company’s stock worth $137,000 after purchasing an additional 425 shares during the last quarter. Allworth Financial LP increased its stake in InvenTrust Properties by 8.1% during the fourth quarter. Allworth Financial LP now owns 8,103 shares of the company’s stock worth $205,000 after acquiring an additional 604 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in InvenTrust Properties by 8.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 9,216 shares of the company’s stock worth $234,000 after acquiring an additional 700 shares during the last quarter. Private Advisor Group LLC increased its stake in InvenTrust Properties by 4.9% during the third quarter. Private Advisor Group LLC now owns 15,480 shares of the company’s stock worth $369,000 after acquiring an additional 721 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in InvenTrust Properties by 4.1% during the third quarter. Daiwa Securities Group Inc. now owns 21,587 shares of the company’s stock worth $514,000 after acquiring an additional 844 shares during the last quarter. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Trading Down 0.2 %

Shares of NYSE IVT opened at $25.43 on Thursday. The business’s 50 day moving average is $24.95 and its two-hundred day moving average is $25.06. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.28 and a quick ratio of 2.28. InvenTrust Properties Corp. has a 1-year low of $20.76 and a 1-year high of $27.25. The stock has a market capitalization of $1.72 billion, a P/E ratio of 317.91, a PEG ratio of 4.27 and a beta of 1.04.

InvenTrust Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.226 per share. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend was Wednesday, March 27th. InvenTrust Properties’s payout ratio is presently 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.