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

InvenTrust Properties Corp. (NYSE:IVT) has received an average recommendation of “Moderate Buy” from the five analysts that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $33.20.

Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a report on Wednesday. KeyCorp started coverage on shares of InvenTrust Properties in a research report on Friday, March 6th. They issued an “overweight” rating and a $35.00 target price for the company. Wells Fargo & Company boosted their target price on shares of InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. JPMorgan Chase & Co. increased their price target on InvenTrust Properties from $31.00 to $33.00 and gave the company a “hold neutral” rating in a report on Wednesday. Finally, Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research note on Saturday.

Institutional Investors Weigh In On InvenTrust Properties

Large investors have recently made changes to their positions in the company. Principal Financial Group Inc. grew its holdings in InvenTrust Properties by 24.9% during the first quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company’s stock valued at $235,438,000 after purchasing an additional 1,539,672 shares during the period. Centersquare Investment Management LLC raised its stake in shares of InvenTrust Properties by 600.3% in the fourth quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock worth $36,329,000 after buying an additional 1,103,911 shares during the period. Deprince Race & Zollo Inc. purchased a new position in shares of InvenTrust Properties during the 4th quarter valued at about $26,941,000. Hudson Bay Capital Management LP bought a new position in shares of InvenTrust Properties during the 3rd quarter valued at approximately $23,581,000. Finally, Vision Capital Corp increased its holdings in InvenTrust Properties by 182.7% in the 2nd quarter. Vision Capital Corp now owns 989,472 shares of the company’s stock worth $27,112,000 after acquiring an additional 639,472 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

InvenTrust Properties Price Performance

Shares of NYSE IVT opened at $31.38 on Monday. The firm has a market cap of $2.45 billion, a P/E ratio of 22.25, a PEG ratio of 2.61 and a beta of 0.80. InvenTrust Properties has a twelve month low of $26.52 and a twelve month high of $33.19. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.54. The company has a 50 day moving average of $31.45 and a 200 day moving average of $29.74.

InvenTrust Properties (NYSE:IVT) last posted its earnings results on Tuesday, April 28th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.The business had revenue of $82.58 million during 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, research analysts expect that InvenTrust Properties will post 1.97 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.25 dividend. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, March 31st. InvenTrust Properties’s dividend payout ratio 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.