InvenTrust Properties Corp. $IVT Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in InvenTrust Properties Corp. (NYSE:IVT) by 7.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,062 shares of the company’s stock after buying an additional 4,073 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in InvenTrust Properties were worth $1,536,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IVT. Nuveen LLC acquired a new position in InvenTrust Properties in the first quarter valued at approximately $30,620,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in InvenTrust Properties by 443.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 586,825 shares of the company’s stock valued at $17,235,000 after purchasing an additional 478,887 shares during the period. Aberdeen Group plc lifted its stake in shares of InvenTrust Properties by 1,423.7% in the 2nd quarter. Aberdeen Group plc now owns 437,441 shares of the company’s stock valued at $11,986,000 after purchasing an additional 408,731 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of InvenTrust Properties by 66.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock worth $20,420,000 after purchasing an additional 276,474 shares during the period. Finally, Vision Capital Corp grew its holdings in shares of InvenTrust Properties by 290.9% during the 1st quarter. Vision Capital Corp now owns 350,000 shares of the company’s stock worth $10,280,000 after purchasing an additional 260,457 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wells Fargo & Company started coverage on shares of InvenTrust Properties in a report on Tuesday, October 21st. They issued an “overweight” rating and a $33.00 price objective on the stock. Wall Street Zen downgraded shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. LADENBURG THALM/SH SH started coverage on shares of InvenTrust Properties in a report on Tuesday, September 9th. They issued a “neutral” rating and a $31.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on shares of InvenTrust Properties in a report on Friday, October 17th. They issued a “neutral” rating and a $30.00 target price for the company. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of InvenTrust Properties in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, InvenTrust Properties presently has a consensus rating of “Moderate Buy” and an average price target of $31.80.

InvenTrust Properties Trading Up 0.5%

NYSE IVT opened at $28.16 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 3.35 and a beta of 0.86. The firm has a 50 day simple moving average of $28.46 and a 200-day simple moving average of $28.12. InvenTrust Properties Corp. has a one year low of $25.21 and a one year high of $31.65.

InvenTrust Properties (NYSE:IVT) last announced its earnings results on Tuesday, October 28th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.37). InvenTrust Properties had a return on equity of 6.65% and a net margin of 40.46%.The business had revenue of $74.47 million for the quarter, compared to analysts’ expectations of $73.57 million. InvenTrust Properties has set its FY 2025 guidance at 1.800-1.830 EPS. Equities research analysts anticipate that InvenTrust Properties Corp. will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.2377 dividend. This represents a $0.95 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Tuesday, September 30th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 62.09%.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the “Company,” “IVT,” or “InvenTrust”) is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.