InvenTrust Properties (NYSE:IVT) Raised to “Hold” at Wall Street Zen

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

A number of other research firms have also weighed in on IVT. KeyCorp assumed coverage on shares of InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Jefferies Financial Group restated a “buy” rating and issued a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Wells Fargo & Company lifted their target price on shares of InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research note on Monday, December 29th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $32.33.

InvenTrust Properties Stock Performance

Shares of IVT stock opened at $30.60 on Monday. The stock’s 50-day moving average price is $30.27 and its 200 day moving average price is $29.10. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $2.38 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 2.90 and a beta of 0.84. InvenTrust Properties has a 52-week low of $25.21 and a 52-week high of $32.63.

InvenTrust Properties (NYSE:IVT) last posted 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 company had revenue of $77.38 million for the quarter, compared to analyst estimates of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. As a group, equities research analysts forecast that InvenTrust Properties will post 1.79 EPS for the current year.

Institutional Investors Weigh In On InvenTrust Properties

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in InvenTrust Properties by 44.0% in the 2nd 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 boosted its position in InvenTrust Properties by 1.0% during the second quarter. Lazard Asset Management LLC now owns 47,391 shares of the company’s stock worth $1,298,000 after purchasing an additional 465 shares in the last quarter. Gallacher Capital Management LLC grew its holdings in InvenTrust Properties by 6.1% in the third quarter. Gallacher Capital Management LLC now owns 8,747 shares of the company’s stock valued at $250,000 after purchasing an additional 500 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in InvenTrust Properties by 33.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,269 shares of the company’s stock valued at $64,000 after purchasing an additional 570 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of InvenTrust Properties by 7.5% in the fourth quarter. International Assets Investment Management LLC now owns 8,138 shares of the company’s stock valued at $230,000 after buying an additional 571 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

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.