1 week Ago By ABMN Staff
Geode Capital Management LLC lifted its position in shares of InvenTrust Properties Corp. ( NYSE:IVT – Free Report ) by 6.6% during the 4th quarter, HoldingsChannel.
com reports. The fund owned 1,936,730 shares of the company’s stock after acquiring an additional 120,014 shares during the quarter. Geode Capital Management LLC’s holdings in InvenTrust Properties were worth $58,366,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP increased its stake in InvenTrust Properties by 4.4% during the fourth quarter.
Allworth Financial LP now owns 8,992 shares of the company’s stock valued at $258,000 after purchasing an additional 383 shares during the last quarter. EntryPoint Capital LLC raised its stake in InvenTrust Properties by 7.5% during the fourth quarter.
EntryPoint Capital LLC now owns 9,823 shares of the company’s stock worth $296,000 after acquiring an additional 682 shares during the period. US Bancorp DE lifted its holdings in InvenTrust Properties by 19.8% in the fourth quarter.
US Bancorp DE now owns 4,566 shares of the company’s stock worth $138,000 after acquiring an additional 756 shares during the last quarter. Millstone Evans Group LLC acquired a new position in InvenTrust Properties in the fourth quarter valued at approximately $27,000. Finally, Victory Capital Management Inc.
grew its holdings in shares of InvenTrust Properties by 10.7% during the fourth quarter. Victory Capital Management Inc.
now owns 9,497 shares of the company’s stock valued at $286,000 after purchasing an additional 920 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors.
InvenTrust Properties Stock Up 0.6 % Shares of InvenTrust Properties stock opened at $26.58 on Monday.
The company has a debt-to-equity ratio of 0.42, a current ratio of 1.99 and a quick ratio of 1.
99. InvenTrust Properties Corp. has a 1-year low of $23.
53 and a 1-year high of $31.65. The business’s fifty day moving average price is $29.
03 and its two-hundred day moving average price is $29.59. The company has a market capitalization of $2.
06 billion, a P/E ratio of 147.68, a PEG ratio of 3.34 and a beta of 0.
93. InvenTrust Properties Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.
2376 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.
58%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.
23. InvenTrust Properties’s dividend payout ratio (DPR) is currently 527.78%.
Wall Street Analysts Forecast Growth Several analysts recently issued reports on the company. Jefferies Financial Group raised InvenTrust Properties from a “hold” rating to a “buy” rating and raised their price target for the stock from $33.00 to $34.
00 in a report on Thursday, January 2nd. Wolfe Research assumed coverage on shares of InvenTrust Properties in a report on Thursday, March 20th. They set a “peer perform” rating for the company.
Finally, Wells Fargo & Company dropped their price objective on shares of InvenTrust Properties from $33.00 to $32.00 and set an “overweight” rating on the stock in a 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. According to data from MarketBeat.com, InvenTrust Properties currently has a consensus rating of “Moderate Buy” and an average target price of $32.
00. Read Our Latest Stock Analysis on InvenTrust Properties 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.com's FREE daily email newsletter ..
