InvenTrust Properties (NYSE:IVT) Lowered to Sell Rating by Wall Street Zen

InvenTrust Properties (NYSE:IVT) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Sunday.

A number of other research analysts also recently commented on IVT. KeyCorp started coverage on shares of InvenTrust Properties in a report on Friday, March 6th. They issued an “overweight” rating and a $35.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of InvenTrust Properties in a research note on Monday, December 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a research note on Monday, December 15th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.17.

InvenTrust Properties Price Performance

InvenTrust Properties stock opened at $31.22 on Friday. InvenTrust Properties has a 52-week low of $25.21 and a 52-week high of $31.91. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average is $29.99 and its 200 day moving average is $29.04. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.96 and a beta of 0.84.

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

Hedge Funds Weigh In On InvenTrust Properties

Several hedge funds have recently added to or reduced their stakes in IVT. Corient Private Wealth LLC bought a new stake in InvenTrust Properties in the fourth quarter worth about $209,000. Hsbc Holdings PLC boosted its position in shares of InvenTrust Properties by 1.3% during the fourth quarter. Hsbc Holdings PLC now owns 130,259 shares of the company’s stock valued at $3,674,000 after buying an additional 1,634 shares during the period. Beaird Harris Wealth Management LLC bought a new position in shares of InvenTrust Properties during the fourth quarter valued at approximately $65,000. Invesco Ltd. grew its stake in shares of InvenTrust Properties by 1.7% during the fourth quarter. Invesco Ltd. now owns 193,330 shares of the company’s stock valued at $5,454,000 after buying an additional 3,240 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in shares of InvenTrust Properties in the fourth quarter worth approximately $57,000. 61.70% of the stock is currently owned by 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.