8 hours Ago By ABMN Staff
Invesco Ltd. lifted its stake in shares of InvenTrust Properties Corp. ( NYSE:IVT – Free Report ) by 1.
0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 245,541 shares of the company’s stock after buying an additional 2,348 shares during the period. Invesco Ltd.
’s holdings in InvenTrust Properties were worth $7,398,000 as of its most recent SEC filing. A number of other large investors also recently modified their holdings of the company. Allworth Financial LP increased its holdings in InvenTrust Properties by 4.
4% in the 4th quarter. Allworth Financial LP now owns 8,992 shares of the company’s stock worth $258,000 after purchasing an additional 383 shares in the last quarter. EntryPoint Capital LLC raised its holdings in InvenTrust Properties by 7.
5% in the 4th quarter. EntryPoint Capital LLC now owns 9,823 shares of the company’s stock valued at $296,000 after buying an additional 682 shares during the last quarter. US Bancorp DE boosted its position in InvenTrust Properties by 19.
8% during the 4th quarter. US Bancorp DE now owns 4,566 shares of the company’s stock worth $138,000 after buying an additional 756 shares during the period. Millstone Evans Group LLC bought a new stake in InvenTrust Properties during the 4th quarter worth approximately $27,000.
Finally, Victory Capital Management Inc. increased its position in InvenTrust Properties by 10.7% in the 4th quarter.
Victory Capital Management Inc. now owns 9,497 shares of the company’s stock valued at $286,000 after acquiring an additional 920 shares during the period. 61.
70% of the stock is currently owned by institutional investors. InvenTrust Properties Stock Performance IVT stock opened at $27.60 on Friday.
The firm has a market cap of $2.14 billion, a PE ratio of 153.33, a price-to-earnings-growth ratio of 3.
34 and a beta of 0.93. 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 50-day moving average price of $28.52 and a 200-day moving average price of $29.49.
InvenTrust Properties Corp. has a 1-year low of $23.69 and a 1-year high of $31.
65. InvenTrust Properties Increases Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.
2376 per share. The ex-dividend date was Monday, March 31st. This is a positive change from InvenTrust Properties’s previous quarterly dividend of $0.
23. This represents a $0.95 annualized dividend and a yield of 3.
44%. InvenTrust Properties’s dividend payout ratio is currently 527.78%.
Wall Street Analysts Forecast Growth Several analysts recently weighed in on IVT shares. Jefferies Financial Group raised shares of InvenTrust Properties from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $33.00 to $34.
00 in a research note on Thursday, January 2nd. Wells Fargo & Company decreased their price target 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. Finally, Wolfe Research initiated coverage on InvenTrust Properties in a research note on Thursday, March 20th. They issued a “peer perform” rating on the stock.
Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $32.00.
Get Our Latest Stock Analysis on IVT About InvenTrust Properties ( 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 ..
