Independence Realty Trust, Inc. $IRT Stock Holdings Lessened by AlphaQuest LLC

AlphaQuest LLC lessened its stake in shares of Independence Realty Trust, Inc. (NYSE:IRT) by 87.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 7,612 shares of the real estate investment trust’s stock after selling 52,188 shares during the period. AlphaQuest LLC’s holdings in Independence Realty Trust were worth $125,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC acquired a new stake in shares of Independence Realty Trust during the first quarter worth $209,000. Goldman Sachs Group Inc. increased its stake in Independence Realty Trust by 16.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,935,487 shares of the real estate investment trust’s stock worth $62,320,000 after purchasing an additional 420,682 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Independence Realty Trust by 7.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 23,827 shares of the real estate investment trust’s stock worth $422,000 after purchasing an additional 1,590 shares in the last quarter. Truist Financial Corp raised its holdings in Independence Realty Trust by 6.2% during the 2nd quarter. Truist Financial Corp now owns 30,456 shares of the real estate investment trust’s stock worth $539,000 after buying an additional 1,789 shares during the period. Finally, KLP Kapitalforvaltning AS lifted its stake in Independence Realty Trust by 8.1% during the second quarter. KLP Kapitalforvaltning AS now owns 47,900 shares of the real estate investment trust’s stock valued at $854,000 after buying an additional 3,600 shares in the last quarter. 88.25% of the stock is owned by institutional investors.

Independence Realty Trust Stock Down 5.0%

Shares of Independence Realty Trust stock opened at $15.98 on Friday. Independence Realty Trust, Inc. has a 12-month low of $15.06 and a 12-month high of $21.86. The stock has a 50 day moving average price of $16.99 and a two-hundred day moving average price of $16.89. The stock has a market capitalization of $3.82 billion, a P/E ratio of 66.60, a PEG ratio of 2.05 and a beta of 1.00.

Independence Realty Trust (NYSE:IRT) last released its quarterly earnings results on Wednesday, February 11th. The real estate investment trust reported $0.32 EPS for the quarter, meeting analysts’ consensus estimates of $0.32. Independence Realty Trust had a net margin of 8.60% and a return on equity of 1.58%. The company had revenue of $167.13 million for the quarter, compared to analyst estimates of $170.26 million. During the same quarter last year, the firm posted $0.32 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Sell-side analysts anticipate that Independence Realty Trust, Inc. will post 1.19 earnings per share for the current year.

Independence Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Wednesday, December 31st were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, December 31st. Independence Realty Trust’s dividend payout ratio (DPR) is 680.00%.

Independence Realty Trust News Roundup

Here are the key news stories impacting Independence Realty Trust this week:

• Positive Sentiment: Company raised FY‑2026 EPS guidance to $1.120–$1.160, well above prior street expectations (~$0.62), signaling stronger forward cash‑flow outlook and implied upside to valuation and dividend coverage.
• Positive Sentiment: Mgmt set a 2026 same‑store revenue target of ~1.7% and plans to expand value‑add renovation activity — a push to drive NOI and lease‑up premium in existing assets. Independence Realty Trust targets 1.7% same-store revenue growth for 2026 while expanding value-add renovations
• Neutral Sentiment: Q4 / FY‑2025 results: FFO/CFFO and EPS largely in line with consensus (FFO/CFFO per share $0.32 Q4; full‑year CFFO ~$1.17); same‑store NOI and revenue showed modest growth (SS revenue +1.7% FY). The quarter did not materially surprise the market. Independence Realty Trust Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Conference call / transcript and analyst coverage noted the inflection potential as renovation and revenue initiatives ramp, but revenue slightly missed quarterly consensus (~$167.1M vs. $170.3M est.), tempering enthusiasm. Independence Realty Trust IRT Earnings Transcript
• Neutral Sentiment: Analyst/news summaries (Zacks / Investing.com) highlight that FFO matched estimates and position the name as approaching an operational inflection — supportive but not immediately catalytic. Independence Realty Trust (IRT) Matches Q4 FFO Estimates Independence Realty earnings up next as inflection point nears
• Negative Sentiment: Company disclosed a counsel transition and is seeking governance stability — such leadership/governance changes can create near‑term investor uncertainty and may pressure the stock despite the upbeat guidance. Independence Realty Trust Plans Counsel Transition While Seeking Governance Stability

Wall Street Analyst Weigh In

IRT has been the subject of several recent analyst reports. UBS Group raised their target price on shares of Independence Realty Trust from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Barclays upped their price target on shares of Independence Realty Trust from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft cut shares of Independence Realty Trust from a “buy” rating to a “hold” rating and set a $18.00 price objective on the stock. in a research report on Tuesday, January 20th. Colliers Securities downgraded shares of Independence Realty Trust from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 4th. Finally, Wall Street Zen lowered Independence Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Independence Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $21.35.

About Independence Realty Trust

Independence Realty Trust is a self-administered equity real estate investment trust that acquires, redevelops and manages multi-family communities. The company focuses on workforce housing, targeting Class A and B garden-style apartments in suburban and urban infill locations. Its core activities include sourcing value-add acquisitions, overseeing property renovations and delivering in-house property management services to optimize rental income and occupancy levels.

Headquartered in Wayne, Pennsylvania, Independence Realty Trust maintains a geographically diverse portfolio across several high-growth U.S.