Asset Management One Co. Ltd. Purchases 6,790 Shares of InvenTrust Properties Corp. $IVT

Asset Management One Co. Ltd. lifted its position in shares of InvenTrust Properties Corp. (NYSE:IVT) by 4.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 170,322 shares of the company’s stock after purchasing an additional 6,790 shares during the period. Asset Management One Co. Ltd. owned about 0.22% of InvenTrust Properties worth $4,667,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVT. Wealth Enhancement Advisory Services LLC grew its holdings in shares of InvenTrust Properties by 6.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,044 shares of the company’s stock worth $501,000 after purchasing an additional 1,040 shares during the last quarter. Spire Wealth Management lifted its stake in shares of InvenTrust Properties by 659.6% in the first quarter. Spire Wealth Management now owns 6,259 shares of the company’s stock worth $184,000 after acquiring an additional 5,435 shares during the period. KBC Group NV acquired a new position in shares of InvenTrust Properties in the first quarter worth approximately $110,000. Smallwood Wealth Investment Management LLC lifted its stake in shares of InvenTrust Properties by 26.4% in the first quarter. Smallwood Wealth Investment Management LLC now owns 11,720 shares of the company’s stock worth $344,000 after acquiring an additional 2,445 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in shares of InvenTrust Properties by 2.3% in the first quarter. Principal Financial Group Inc. now owns 4,461,835 shares of the company’s stock worth $131,044,000 after acquiring an additional 99,196 shares during the period. 61.70% of the stock is currently owned by institutional investors.

InvenTrust Properties Price Performance

Shares of IVT opened at $28.23 on Wednesday. InvenTrust Properties Corp. has a 52-week low of $25.21 and a 52-week high of $31.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 5.26 and a current ratio of 5.26. The business’s 50 day moving average price is $28.89 and its two-hundred day moving average price is $28.10. The firm has a market cap of $2.19 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 3.41 and a beta of 0.86.

InvenTrust Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $0.2377 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.95 annualized dividend and a yield of 3.4%. InvenTrust Properties’s payout ratio is 65.97%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InvenTrust Properties in a research note on Tuesday, October 14th. JPMorgan Chase & Co. assumed coverage on InvenTrust Properties in a research note on Friday, October 17th. They issued a “neutral” rating and a $30.00 price objective on the stock. LADENBURG THALM/SH SH assumed coverage on InvenTrust Properties in a research note on Tuesday, September 9th. They issued a “neutral” rating and a $31.00 price objective on the stock. Finally, Wells Fargo & Company assumed coverage on InvenTrust Properties in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $33.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.80.

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.