InvenTrust Properties (NYSE:IVT) Cut to Sell at Wall Street Zen

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

Other equities analysts have also recently issued reports about the stock. Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Wells Fargo & Company raised their price objective on InvenTrust Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Jefferies Financial Group reiterated a “buy” rating and set a $33.00 target price (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Finally, KeyCorp started coverage on InvenTrust Properties in a research note on Friday, March 6th. They issued an “overweight” rating and a $35.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $32.33.

InvenTrust Properties Stock Performance

Shares of IVT stock opened at $30.72 on Tuesday. The stock has a market cap of $2.39 billion, a PE ratio of 21.48, a price-to-earnings-growth ratio of 2.88 and a beta of 0.84. The stock has a 50-day moving average of $30.49 and a 200-day moving average of $29.14. 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 one year low of $25.21 and a one year high of $32.63.

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

Institutional Investors Weigh In On InvenTrust Properties

Large investors have recently made changes to their positions in the stock. Principal Financial Group Inc. lifted its position in InvenTrust Properties by 30.8% in the 4th quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock valued at $174,612,000 after acquiring an additional 1,456,918 shares in the last quarter. Millennium Management LLC increased its holdings in InvenTrust Properties by 40.8% during the 4th quarter. Millennium Management LLC now owns 1,910,142 shares of the company’s stock worth $53,885,000 after purchasing an additional 553,184 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in InvenTrust Properties by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,478 shares of the company’s stock worth $38,943,000 after purchasing an additional 12,176 shares in the last quarter. Centersquare Investment Management LLC raised its stake in shares of InvenTrust Properties by 600.3% in the 4th quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock valued at $36,329,000 after purchasing an additional 1,103,911 shares during the period. Finally, Vision Capital Corp raised its stake in shares of InvenTrust Properties by 11.8% in the 3rd quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock valued at $31,650,000 after purchasing an additional 116,402 shares during the period. 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.