InvenTrust Properties Corp. $IVT Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 40.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 199,821 shares of the company’s stock after purchasing an additional 57,633 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.26% of InvenTrust Properties worth $5,719,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IVT. Loomis Sayles & Co. L P purchased a new position in shares of InvenTrust Properties during the 2nd quarter valued at approximately $26,000. Heritage Wealth Advisors acquired a new position in InvenTrust Properties during the second quarter worth $34,000. EverSource Wealth Advisors LLC lifted its holdings in InvenTrust Properties by 44.0% during 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. Quaker Wealth Management LLC grew its position in shares of InvenTrust Properties by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 1,447 shares of the company’s stock valued at $40,000 after purchasing an additional 2,894 shares during the period. Finally, Comerica Bank increased its stake in shares of InvenTrust Properties by 80.5% during the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock worth $66,000 after purchasing an additional 1,001 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on IVT shares. Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $33.00 price target (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $31.60.

InvenTrust Properties Trading Up 0.4%

IVT opened at $30.63 on Friday. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 2.86 and a beta of 0.86. The company’s 50 day simple moving average is $29.24 and its two-hundred day simple moving average is $28.75. InvenTrust Properties Corp. has a 1-year low of $25.21 and a 1-year high of $31.50. 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 posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) 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 company had revenue of $77.38 million during the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. Analysts expect that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.2377 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.95 annualized dividend and a dividend yield of 3.1%. InvenTrust Properties’s payout ratio is presently 66.43%.

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.