InvenTrust Properties (NYSE:IVT) Rating Lowered to “Sell” at Wall Street Zen

InvenTrust Properties (NYSE:IVT) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Sunday.

Other equities analysts also recently issued reports about the company. KeyCorp initiated coverage on InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, InvenTrust Properties currently has an average rating of “Moderate Buy” and an average price target of $32.17.

InvenTrust Properties Stock Up 1.1%

Shares of IVT stock opened at $31.22 on Friday. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.96 and a beta of 0.84. InvenTrust Properties has a one year low of $25.21 and a one year high of $31.91. The company’s fifty day moving average price is $29.99 and its 200-day moving average price is $29.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.17 and a quick ratio of 1.17.

InvenTrust Properties (NYSE:IVT) last released its earnings results 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 net margin of 37.24% and a return on equity of 6.22%. The firm had revenue of $77.38 million for the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Sell-side analysts expect that InvenTrust Properties will post 1.79 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IVT. Loomis Sayles & Co. L P purchased a new stake in shares of InvenTrust Properties in the second quarter worth about $26,000. Heritage Wealth Advisors bought a new position in InvenTrust Properties during the second quarter valued at approximately $34,000. EverSource Wealth Advisors LLC grew its holdings in InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after buying an additional 418 shares in the last quarter. Global Retirement Partners LLC grew its holdings in InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after buying an additional 621 shares in the last quarter. Finally, Avalon Trust Co bought a new stake in InvenTrust Properties in the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

About InvenTrust Properties

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.