InvenTrust Properties (NYSE:IVT) Upgraded to Hold at Wall Street Zen

InvenTrust Properties (NYSE:IVT) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

A number of other brokerages have also issued reports on IVT. KeyCorp began coverage on shares of InvenTrust Properties in a research note on Friday. They set an “overweight” rating and a $35.00 target price for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of InvenTrust Properties in a research note on Monday, December 29th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.17.

InvenTrust Properties Trading Down 0.4%

Shares of NYSE IVT opened at $31.09 on Friday. InvenTrust Properties has a fifty-two week low of $25.21 and a fifty-two week high of $31.91. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 21.74, a PEG ratio of 2.92 and a beta of 0.84. The business’s 50 day moving average price is $29.71 and its 200-day moving average price is $28.97.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.42). InvenTrust Properties had a net margin of 37.24% and a return on equity of 6.22%. The business had revenue of $77.38 million for the quarter, compared to analysts’ expectations of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. On average, sell-side analysts expect that InvenTrust Properties will post 1.79 earnings per share for the current year.

Hedge Funds Weigh In On InvenTrust Properties

Institutional investors have recently bought and sold shares of the business. Loomis Sayles & Co. L P bought a new position in InvenTrust Properties in the second quarter worth approximately $26,000. Heritage Wealth Advisors purchased a new stake in InvenTrust Properties during the second quarter worth $34,000. EverSource Wealth Advisors LLC boosted its position in InvenTrust Properties by 44.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $38,000 after acquiring an additional 418 shares in the last quarter. Global Retirement Partners LLC boosted its position in InvenTrust Properties by 82.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,376 shares of the company’s stock valued at $39,000 after acquiring an additional 621 shares in the last quarter. Finally, Avalon Trust Co purchased a new position in shares of InvenTrust Properties in the 3rd quarter valued at $43,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

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.