IFM Investors Pty Ltd Decreases Stock Holdings in InvenTrust Properties Corp. $IVT

IFM Investors Pty Ltd decreased its holdings in InvenTrust Properties Corp. (NYSE:IVT) by 20.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,447 shares of the company’s stock after selling 3,118 shares during the period. IFM Investors Pty Ltd’s holdings in InvenTrust Properties were worth $341,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Avalon Trust Co purchased a new stake in InvenTrust Properties in the 1st quarter worth about $36,000. GF Fund Management CO. LTD. purchased a new stake in InvenTrust Properties in the 4th quarter valued at about $42,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in InvenTrust Properties in the 1st quarter worth about $57,000. Bulwark Capital Corp purchased a new position in shares of InvenTrust Properties during the second quarter valued at $57,000. Finally, Ameriflex Group Inc. bought a new stake in shares of InvenTrust Properties in the fourth quarter valued at about $60,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

InvenTrust Properties Price Performance

NYSE IVT opened at $29.46 on Wednesday. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 3.22 and a beta of 0.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 5.26 and a quick ratio of 5.26. The stock’s fifty day moving average price is $28.56 and its 200 day moving average price is $28.13. InvenTrust Properties Corp. has a 1 year low of $25.21 and a 1 year high of $31.65.

InvenTrust Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a $0.2377 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.95 dividend on an annualized basis and a yield of 3.2%. InvenTrust Properties’s dividend payout ratio is currently 65.97%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on IVT shares. Wells Fargo & Company increased their target price on shares of InvenTrust Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. LADENBURG THALM/SH SH started coverage on shares of InvenTrust Properties in a research note on Tuesday, September 9th. They set a “neutral” rating and a $31.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $32.60.

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.