New York State Common Retirement Fund Reduces Holdings in InvenTrust Properties Corp. (NYSE:IVT)

New York State Common Retirement Fund cut its stake in InvenTrust Properties Corp. (NYSE:IVTFree Report) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,400 shares of the company’s stock after selling 3,958 shares during the period. New York State Common Retirement Fund’s holdings in InvenTrust Properties were worth $618,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new stake in shares of InvenTrust Properties in the 3rd quarter valued at about $30,000. McGlone Suttner Wealth Management Inc. purchased a new stake in InvenTrust Properties in the fourth quarter valued at approximately $34,000. Quantbot Technologies LP boosted 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 valued at $137,000 after acquiring an additional 425 shares during the period. VitalStone Financial LLC grew its position in shares of InvenTrust Properties by 2,093.8% during the third quarter. VitalStone Financial LLC now owns 7,020 shares of the company’s stock worth $172,000 after acquiring an additional 6,700 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of InvenTrust Properties by 9.6% during the third quarter. Allworth Financial LP now owns 7,499 shares of the company’s stock worth $179,000 after acquiring an additional 657 shares during the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Stock Up 0.9 %

IVT stock opened at $25.08 on Wednesday. InvenTrust Properties Corp. has a 12 month low of $20.76 and a 12 month high of $27.25. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.38 and a quick ratio of 2.38. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 250.80, a price-to-earnings-growth ratio of 4.22 and a beta of 1.03. The company has a fifty day moving average price of $24.91 and a 200 day moving average price of $25.09.

InvenTrust Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were issued a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.60%. This is a boost 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 900.00%.

InvenTrust Properties Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for InvenTrust Properties (NYSE:IVT)

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