Centersquare Investment Management LLC acquired a new position in shares of InvenTrust Properties Corp. (NYSE:IVT – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 183,894 shares of the company’s stock, valued at approximately $5,263,000. Centersquare Investment Management LLC owned 0.24% of InvenTrust Properties at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its stake in InvenTrust Properties by 44.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after purchasing an additional 418 shares in the last quarter. Lazard Asset Management LLC increased its holdings in InvenTrust Properties by 1.0% in the 2nd quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock valued at $1,298,000 after buying an additional 465 shares during the period. Gallacher Capital Management LLC raised its position in shares of InvenTrust Properties by 6.1% in the 3rd quarter. Gallacher Capital Management LLC now owns 8,747 shares of the company’s stock valued at $250,000 after buying an additional 500 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of InvenTrust Properties by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 71,333 shares of the company’s stock worth $1,955,000 after acquiring an additional 640 shares during the period. Finally, M&G PLC boosted its position in shares of InvenTrust Properties by 11.1% during the 2nd quarter. M&G PLC now owns 6,943 shares of the company’s stock worth $187,000 after acquiring an additional 696 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Wall Street Zen lowered InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Finally, Jefferies Financial Group restated a “buy” rating and set a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research report on Monday, December 15th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, InvenTrust Properties presently has a consensus rating of “Moderate Buy” and an average price target of $31.60.
InvenTrust Properties Stock Up 2.1%
Shares of NYSE:IVT opened at $31.43 on Thursday. InvenTrust Properties Corp. has a 52-week low of $25.21 and a 52-week high of $31.50. The company has a market capitalization of $2.44 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 2.88 and a beta of 0.86. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.17 and a current ratio of 1.17. The company has a fifty day moving average of $29.37 and a 200-day moving average of $28.83.
InvenTrust Properties (NYSE:IVT – Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a return on equity of 6.22% and a net margin of 37.24%.The firm had revenue of $77.38 million for the quarter, compared to the consensus estimate of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, equities analysts predict that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.
InvenTrust Properties Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 30th were given a dividend of $0.2377 per share. The ex-dividend date was Tuesday, December 30th. This represents a $0.95 annualized dividend and a yield of 3.0%. InvenTrust Properties’s dividend payout ratio (DPR) is currently 66.43%.
InvenTrust Properties Company Profile
InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.
The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.
InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.
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