Cerity Partners LLC Purchases New Position in InvenTrust Properties Corp. (NYSE:IVT)

Cerity Partners LLC bought a new position in shares of InvenTrust Properties Corp. (NYSE:IVT) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,886 shares of the company’s stock, valued at approximately $327,000.

A number of other large investors have also recently added to or reduced their stakes in IVT. SG Americas Securities LLC boosted its position in InvenTrust Properties by 140.0% during the third quarter. SG Americas Securities LLC now owns 29,539 shares of the company’s stock worth $703,000 after purchasing an additional 17,229 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of InvenTrust Properties by 20.8% during the third quarter. State of Alaska Department of Revenue now owns 32,269 shares of the company’s stock worth $767,000 after buying an additional 5,561 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of InvenTrust Properties during the third quarter worth approximately $203,000. Bank of New York Mellon Corp lifted its holdings in shares of InvenTrust Properties by 2.2% during the third quarter. Bank of New York Mellon Corp now owns 324,749 shares of the company’s stock worth $7,732,000 after buying an additional 7,013 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new position in shares of InvenTrust Properties during the third quarter worth approximately $208,000. Institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Stock Down 0.4 %

Shares of IVT stock opened at $25.18 on Friday. InvenTrust Properties Corp. has a 12 month low of $20.76 and a 12 month high of $27.25. The firm has a market cap of $1.71 billion, a PE ratio of 314.79, a price-to-earnings-growth ratio of 4.29 and a beta of 1.04. The stock has a 50 day moving average of $24.93 and a 200-day moving average of $25.07. 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 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were paid a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.59%. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, March 27th. 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.