Chilton Capital Management LLC Purchases 34,841 Shares of InvenTrust Properties Corp. $IVT

Chilton Capital Management LLC raised its position in shares of InvenTrust Properties Corp. (NYSE:IVT) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 286,754 shares of the company’s stock after acquiring an additional 34,841 shares during the period. Chilton Capital Management LLC’s holdings in InvenTrust Properties were worth $8,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Comerica Bank increased its position in InvenTrust Properties by 80.5% in the first quarter. Comerica Bank now owns 2,245 shares of the company’s stock worth $66,000 after purchasing an additional 1,001 shares during the last quarter. Amundi grew its stake in shares of InvenTrust Properties by 9.8% in the 1st quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after buying an additional 4,018 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of InvenTrust Properties by 29.3% in the 1st quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock worth $302,000 after buying an additional 2,331 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of InvenTrust Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock worth $1,355,000 after buying an additional 2,014 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of InvenTrust Properties by 66.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after buying an additional 276,474 shares in the last quarter. 61.70% of the stock is currently owned by institutional investors.

InvenTrust Properties Trading Down 0.8%

NYSE IVT opened at $28.74 on Tuesday. The stock has a market cap of $2.23 billion, a PE ratio of 18.78, a PEG ratio of 3.04 and a beta of 0.85. InvenTrust Properties Corp. has a 12 month low of $25.21 and a 12 month high of $31.04. The company’s 50-day moving average price is $28.56 and its 200-day moving average price is $28.38. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.42.

InvenTrust Properties (NYSE:IVT) last issued its earnings results on Tuesday, October 28th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.37). InvenTrust Properties had a return on equity of 6.65% and a net margin of 40.46%.The company had revenue of $74.47 million during the quarter, compared to the consensus estimate of $73.57 million. Equities research analysts forecast that InvenTrust Properties Corp. will post 1.79 earnings per share for the current year.

InvenTrust Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.2377 per share. This represents a $0.95 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, December 30th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 62.09%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of InvenTrust Properties in a research report on Monday, December 29th. Wells Fargo & Company initiated coverage on InvenTrust Properties in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $33.00 price objective for the company. Jefferies Financial Group reissued a “buy” rating and set a $33.00 target price (up previously from $32.00) on shares of InvenTrust Properties in a research report on Monday, December 15th. JPMorgan Chase & Co. started coverage on InvenTrust Properties in a report on Friday, October 17th. They set a “neutral” rating and a $30.00 price target on the stock. Finally, Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $31.60.

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.