15,600 Shares in InvenTrust Properties Corp. (NYSE:IVT) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS acquired a new stake in shares of InvenTrust Properties Corp. ( NYSE:IVT – Free Report ) in the fourth quarter, Holdings Channel reports. The fund acquired 15,600 shares of the company’s stock, valued at approximately $473,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. lifted its stake in InvenTrust Properties by 21.



9% in the third quarter. Principal Financial Group Inc. now owns 4,117,296 shares of the company’s stock valued at $116,808,000 after buying an additional 738,784 shares during the last quarter.

FMR LLC increased its holdings in shares of InvenTrust Properties by 22,456.4% in the 3rd quarter. FMR LLC now owns 580,602 shares of the company’s stock worth $16,472,000 after acquiring an additional 578,028 shares during the period.

Zimmer Partners LP bought a new stake in InvenTrust Properties in the 3rd quarter valued at about $14,185,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in InvenTrust Properties by 425.6% during the 3rd quarter.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 462,879 shares of the company’s stock valued at $13,132,000 after purchasing an additional 374,804 shares during the period. Finally, Raymond James Financial Inc. bought a new position in InvenTrust Properties in the 4th quarter worth about $7,109,000.

61.70% of the stock is currently owned by institutional investors. Analysts Set New Price Targets A number of equities research analysts have recently weighed in on IVT shares.

Jefferies Financial Group raised InvenTrust Properties from a “hold” rating to a “buy” rating and lifted their price target for the company from $33.00 to $34.00 in a report on Thursday, January 2nd.

Wolfe Research assumed coverage on InvenTrust Properties in a research report on Thursday, March 20th. They issued a “peer perform” rating on the stock. Finally, Wells Fargo & Company reduced their price target on InvenTrust Properties from $33.

00 to $32.00 and set an “overweight” rating for the company in a research report on Wednesday, March 26th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Based on data from MarketBeat.com, InvenTrust Properties has an average rating of “Moderate Buy” and a consensus target price of $32.00.

InvenTrust Properties Stock Down 5.6 % IVT stock opened at $28.08 on Friday.

The firm’s 50-day moving average is $29.54 and its two-hundred day moving average is $29.73.

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 company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 155.

98, a price-to-earnings-growth ratio of 3.34 and a beta of 0.93.

InvenTrust Properties Corp. has a 52 week low of $23.53 and a 52 week high of $31.

65. InvenTrust Properties ( NYSE:IVT – Get Free Report ) last announced its earnings results on Tuesday, February 11th. The company reported $0.

43 EPS for the quarter, topping the consensus estimate of $0.04 by $0.39.

InvenTrust Properties had a return on equity of 0.83% and a net margin of 4.99%.

On average, analysts forecast that InvenTrust Properties Corp. will post 1.79 earnings per share for the current fiscal year.

InvenTrust Properties Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.2376 dividend.

This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, March 31st.

This represents a $0.95 annualized dividend and a dividend yield of 3.39%.

InvenTrust Properties’s dividend payout ratio is 527.78%. InvenTrust Properties 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. See Also 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.

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