InvenTrust Properties Corp. (NYSE:IVT) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of InvenTrust Properties Corp. (NYSE:IVT) have been assigned a consensus rating of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $33.60.

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price target on InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a research note on Wednesday, May 6th. Wells Fargo & Company reiterated an “overweight” rating and issued a $36.00 price objective (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday. Wall Street Zen downgraded InvenTrust Properties from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Weiss Ratings raised shares of InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday, May 20th. Finally, KeyCorp assumed coverage on InvenTrust Properties in a report on Friday, March 6th. They set an “overweight” rating and a $35.00 price target on the stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IVT. Principal Financial Group Inc. increased its holdings in InvenTrust Properties by 24.9% during the 1st quarter. Principal Financial Group Inc. now owns 7,729,381 shares of the company’s stock valued at $235,438,000 after purchasing an additional 1,539,672 shares during the period. Centersquare Investment Management LLC increased its holdings in InvenTrust Properties by 600.3% during 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. Deprince Race & Zollo Inc. purchased a new position in InvenTrust Properties during the 4th quarter valued at about $26,941,000. Hudson Bay Capital Management LP purchased a new position in InvenTrust Properties during the 3rd quarter valued at about $23,581,000. Finally, Vision Capital Corp increased its holdings in InvenTrust Properties by 182.7% during the 2nd quarter. Vision Capital Corp now owns 989,472 shares of the company’s stock valued at $27,112,000 after purchasing an additional 639,472 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

InvenTrust Properties Price Performance

NYSE:IVT opened at $33.27 on Friday. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 2.70 and a beta of 0.80. InvenTrust Properties has a 52-week low of $26.52 and a 52-week high of $33.40. The stock has a fifty day moving average of $31.74 and a 200 day moving average of $30.17. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.46.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a return on equity of 6.10% and a net margin of 35.66%.The firm had revenue of $82.58 million during the quarter, compared to analyst estimates of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. On average, research analysts expect that InvenTrust Properties will post 1.99 EPS for the current fiscal year.

InvenTrust Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.0%. This is a boost from InvenTrust Properties’s previous quarterly dividend of $0.24. InvenTrust Properties’s dividend payout ratio (DPR) is presently 70.92%.

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.