1 week Ago By ABMN Staff
Barclays PLC boosted its stake in shares of InvenTrust Properties Corp. ( NYSE:IVT – Free Report ) by 24.6% in the fourth quarter, according to its most recent disclosure with the SEC.
The firm owned 135,879 shares of the company’s stock after acquiring an additional 26,852 shares during the period. Barclays PLC owned about 0.18% of InvenTrust Properties worth $4,094,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVT. Summit Investment Advisors Inc. raised its position in shares of InvenTrust Properties by 20.
0% during the 4th quarter. Summit Investment Advisors Inc. now owns 8,109 shares of the company’s stock worth $244,000 after purchasing an additional 1,349 shares during the last quarter.
Sterling Capital Management LLC raised its holdings in shares of InvenTrust Properties by 5.0% during the fourth quarter. Sterling Capital Management LLC now owns 39,485 shares of the company’s stock valued at $1,190,000 after acquiring an additional 1,897 shares during the last quarter.
Raymond James Financial Inc. purchased a new position in shares of InvenTrust Properties in the fourth quarter valued at approximately $7,109,000. Greenland Capital Management LP boosted its stake in shares of InvenTrust Properties by 38.
7% in the fourth quarter. Greenland Capital Management LP now owns 41,607 shares of the company’s stock worth $1,254,000 after acquiring an additional 11,607 shares during the last quarter. Finally, Bernard Wealth Management Corp.
acquired a new stake in shares of InvenTrust Properties in the fourth quarter worth approximately $50,000. 61.70% of the stock is owned by hedge funds and other institutional investors.
InvenTrust Properties Trading Up 0.5 % Shares of IVT stock opened at $27.74 on Monday.
The company’s 50-day moving average price is $28.48 and its 200-day moving average price is $29.49.
The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.
42. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 154.
11, a PEG ratio of 3.34 and a beta of 0.93.
InvenTrust Properties Corp. has a twelve month low of $23.69 and a twelve month high of $31.
65. InvenTrust Properties Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.
2376 per share. The ex-dividend date was Monday, March 31st. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.
23. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.
43%. InvenTrust Properties’s dividend payout ratio is currently 527.78%.
Analyst Ratings Changes Several research firms recently commented on IVT. Wells Fargo & Company reduced their price objective on InvenTrust Properties from $33.00 to $32.
00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Wolfe Research began coverage on shares of InvenTrust Properties in a research note on Thursday, March 20th. They issued a “peer perform” rating on the stock.
Finally, Jefferies Financial Group upgraded shares of InvenTrust Properties from a “hold” rating to a “buy” rating and boosted their price target for the stock from $33.00 to $34.00 in a research report on Thursday, January 2nd.
Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $32.00.
Get Our Latest Stock Report on IVT InvenTrust Properties Company Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding IVT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for InvenTrust Properties Corp. ( NYSE:IVT – Free Report ). Receive News & Ratings for InvenTrust Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InvenTrust Properties and related companies with MarketBeat.
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