InvenTrust Properties Corp. (NYSE:IVT) Given Average Rating of “Moderate Buy” by Analysts

InvenTrust Properties Corp. (NYSE:IVT) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $32.3333.

A number of brokerages recently issued reports on IVT. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a report on Monday, December 29th. Wall Street Zen cut shares of InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Tuesday, March 31st. KeyCorp started coverage on shares of InvenTrust Properties in a report on Friday, March 6th. They set an “overweight” rating and a $35.00 price target for the company. Jefferies Financial Group restated a “buy” rating and set a $33.00 price target (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Finally, Wells Fargo & Company upped their price target on shares of InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday, March 19th.

InvenTrust Properties Trading Down 1.1%

Shares of NYSE:IVT opened at $31.81 on Thursday. The stock has a market capitalization of $2.47 billion, a PE ratio of 22.24, a P/E/G ratio of 3.06 and a beta of 0.83. InvenTrust Properties has a 1 year low of $26.52 and a 1 year high of $32.63. The firm has a fifty day moving average price of $30.91 and a 200 day moving average price of $29.25. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46.

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 analysts’ consensus estimates of $0.45 by ($0.42). The business had revenue of $77.38 million during the quarter, compared to the consensus estimate 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. Analysts expect that InvenTrust Properties will post 1.79 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.1%. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.24. The ex-dividend date is Tuesday, March 31st. InvenTrust Properties’s dividend payout ratio is currently 69.93%.

Institutional Investors Weigh In On InvenTrust Properties

A number of hedge funds have recently bought and sold shares of IVT. Principal Financial Group Inc. boosted its holdings in InvenTrust Properties by 30.8% during the fourth 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 during the period. Centersquare Investment Management LLC raised its position in shares of InvenTrust Properties by 600.3% during the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock valued at $36,329,000 after buying an additional 1,103,911 shares during the last quarter. Deprince Race & Zollo Inc. acquired a new position in shares of InvenTrust Properties during the fourth quarter valued at about $26,941,000. Hudson Bay Capital Management LP acquired a new position in shares of InvenTrust Properties during the third quarter valued at about $23,581,000. Finally, Vision Capital Corp raised its position in shares of InvenTrust Properties by 182.7% during the second quarter. Vision Capital Corp now owns 989,472 shares of the company’s stock valued at $27,112,000 after buying an additional 639,472 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors.

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.