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

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

Several other equities research analysts have also recently weighed in on IVT. KeyCorp assumed coverage on shares of InvenTrust Properties in a research report on Friday. They issued an “overweight” rating and a $35.00 price target on the stock. Jefferies Financial Group reiterated 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. Finally, Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, InvenTrust Properties presently has an average rating of “Moderate Buy” and a consensus price target of $32.17.

InvenTrust Properties Stock Performance

NYSE IVT opened at $31.09 on Friday. 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 has a 1-year low of $25.21 and a 1-year high of $31.91. The business has a 50 day simple moving average of $29.71 and a two-hundred day simple moving average of $28.97. The stock has a market capitalization of $2.42 billion, a PE ratio of 21.74, a P/E/G ratio of 2.92 and a beta of 0.84.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.42). The firm had revenue of $77.38 million for the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties had a return on equity of 6.22% and a net margin of 37.24%.InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, research analysts predict that InvenTrust Properties will post 1.79 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Comerica Bank increased its position in InvenTrust Properties by 80.5% during the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after acquiring an additional 1,001 shares during the last quarter. Amundi lifted its holdings in shares of InvenTrust Properties by 9.8% in the 1st quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after acquiring an additional 4,018 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of InvenTrust Properties by 29.3% during the 1st quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock worth $302,000 after purchasing an additional 2,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in InvenTrust Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock valued at $1,355,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in InvenTrust Properties by 66.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after purchasing an additional 276,474 shares during the last quarter. 61.70% of the stock is owned by hedge funds and other institutional investors.

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.