InvenTrust Properties Corp. (NYSE:IVT) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its position in InvenTrust Properties Corp. (NYSE:IVT) by 12.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,428 shares of the company’s stock after selling 1,966 shares during the quarter. Harbour Investments Inc.’s holdings in InvenTrust Properties were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. raised its holdings in shares of InvenTrust Properties by 17.0% during the first quarter. Principal Financial Group Inc. now owns 2,672,075 shares of the company’s stock worth $68,699,000 after purchasing an additional 387,397 shares during the period. Makena Capital Management LLC acquired a new stake in InvenTrust Properties during the fourth quarter worth about $6,427,000. Vanguard Group Inc. lifted its holdings in InvenTrust Properties by 1.0% in the first quarter. Vanguard Group Inc. now owns 9,588,192 shares of the company’s stock worth $246,512,000 after acquiring an additional 91,579 shares during the last quarter. HighPoint Advisor Group LLC acquired a new position in InvenTrust Properties in the fourth quarter valued at approximately $1,142,000. Finally, Quest Partners LLC bought a new position in shares of InvenTrust Properties during the fourth quarter valued at approximately $1,014,000. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Stock Up 0.2 %

InvenTrust Properties stock opened at $29.27 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.38 and a current ratio of 1.24. InvenTrust Properties Corp. has a one year low of $22.61 and a one year high of $29.54. The company has a 50-day simple moving average of $26.67 and a 200-day simple moving average of $25.51. The firm has a market capitalization of $1.99 billion, a P/E ratio of 292.70, a P/E/G ratio of 4.83 and a beta of 0.99.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company raised their price target on InvenTrust Properties from $29.00 to $32.00 and gave the stock an “overweight” rating in a report on Wednesday.

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.