Hsbc Holdings PLC Buys 13,952 Shares of InvenTrust Properties Corp. $IVT

Hsbc Holdings PLC grew its position in InvenTrust Properties Corp. (NYSE:IVT) by 10.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 144,211 shares of the company’s stock after purchasing an additional 13,952 shares during the quarter. Hsbc Holdings PLC’s holdings in InvenTrust Properties were worth $4,394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC raised its holdings in InvenTrust Properties by 5.3% in the first quarter. Kestra Advisory Services LLC now owns 27,891 shares of the company’s stock worth $857,000 after purchasing an additional 1,397 shares in the last quarter. Resona Asset Management Co. Ltd. boosted its holdings in shares of InvenTrust Properties by 6.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 34,401 shares of the company’s stock valued at $1,057,000 after buying an additional 2,036 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of InvenTrust Properties by 5.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 25,365 shares of the company’s stock valued at $773,000 after buying an additional 1,422 shares in the last quarter. Strs Ohio grew its position in shares of InvenTrust Properties by 308.0% in the 1st quarter. Strs Ohio now owns 56,300 shares of the company’s stock worth $1,715,000 after buying an additional 42,500 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its position in shares of InvenTrust Properties by 10.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 12,372 shares of the company’s stock worth $377,000 after buying an additional 1,136 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on IVT shares. BTIG Research reaffirmed a “buy” rating and issued a $37.00 price target on shares of InvenTrust Properties in a report on Friday, June 12th. Wells Fargo & Company set a $39.00 price objective on InvenTrust Properties and gave the stock an “overweight” rating in a research report on Thursday. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. upped their target price on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group upgraded InvenTrust Properties to a “strong-buy” rating in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $35.14.

InvenTrust Properties Trading Up 1.7%

Shares of NYSE:IVT opened at $36.42 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. InvenTrust Properties Corp. has a 12-month low of $26.81 and a 12-month high of $37.22. The business has a 50 day moving average of $34.61 and a two-hundred day moving average of $32.07. The company has a market capitalization of $2.84 billion, a PE ratio of 25.83, a PEG ratio of 2.93 and a beta of 0.78.

InvenTrust Properties (NYSE:IVT) last posted its earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The business had revenue of $82.58 million for the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, analysts forecast that InvenTrust Properties Corp. will post 1.99 EPS for the current year.

InvenTrust Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio (DPR) is currently 70.92%.

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.