InvenTrust Properties (NYSE:IVT) Rating Lowered to “Sell” at Wall Street Zen

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

IVT has been the subject of several other research reports. KeyCorp assumed coverage on shares of InvenTrust Properties in a report on Friday, March 6th. They set an “overweight” rating and a $35.00 target price for the company. Wells Fargo & Company lifted their price target on shares of InvenTrust Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Weiss Ratings restated a “buy (b)” rating on shares of InvenTrust Properties in a research note on Monday, December 29th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $33.00 price objective (up from $32.00) on shares of InvenTrust Properties in a report on Monday, December 15th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, InvenTrust Properties currently has a consensus rating of “Moderate Buy” and an average target price of $32.33.

InvenTrust Properties Trading Up 0.9%

NYSE IVT opened at $30.72 on Tuesday. InvenTrust Properties has a 52 week low of $25.21 and a 52 week high of $32.63. 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 stock’s 50 day moving average price is $30.49 and its two-hundred day moving average price is $29.14. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 2.88 and a beta of 0.84.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $76.23 million. InvenTrust Properties has set its FY 2026 guidance at 1.910-1.950 EPS. As a group, analysts anticipate that InvenTrust Properties will post 1.79 earnings per share for the current fiscal year.

Institutional Trading of InvenTrust Properties

A number of large investors have recently added to or reduced their stakes in IVT. Principal Financial Group Inc. grew its position in shares of InvenTrust Properties by 30.8% in the 4th quarter. Principal Financial Group Inc. now owns 6,189,709 shares of the company’s stock valued at $174,612,000 after acquiring an additional 1,456,918 shares during the period. Millennium Management LLC increased its stake in shares of InvenTrust Properties by 40.8% during the 4th quarter. Millennium Management LLC now owns 1,910,142 shares of the company’s stock worth $53,885,000 after purchasing an additional 553,184 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of InvenTrust Properties by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,380,478 shares of the company’s stock valued at $38,943,000 after purchasing an additional 12,176 shares during the period. Centersquare Investment Management LLC raised its holdings in shares of InvenTrust Properties by 600.3% in the 4th quarter. Centersquare Investment Management LLC now owns 1,287,805 shares of the company’s stock valued at $36,329,000 after purchasing an additional 1,103,911 shares during the period. Finally, Vision Capital Corp lifted its stake in InvenTrust Properties by 11.8% in the 3rd quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock valued at $31,650,000 after purchasing an additional 116,402 shares during the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

InvenTrust Properties Company Profile

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.