InvenTrust Properties Corp. $IVT Shares Acquired by Centersquare Investment Management LLC

Centersquare Investment Management LLC lifted its holdings in shares of InvenTrust Properties Corp. (NYSE:IVT) by 600.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,287,805 shares of the company’s stock after buying an additional 1,103,911 shares during the quarter. Centersquare Investment Management LLC owned approximately 1.66% of InvenTrust Properties worth $36,329,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of InvenTrust Properties by 40.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 199,821 shares of the company’s stock worth $5,719,000 after buying an additional 57,633 shares during the period. Hudson Bay Capital Management LP acquired a new position in shares of InvenTrust Properties during the 3rd quarter worth approximately $23,581,000. Deprince Race & Zollo Inc. acquired a new position in shares of InvenTrust Properties during the 4th quarter worth approximately $26,941,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of InvenTrust Properties by 1,756.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 122,844 shares of the company’s stock worth $3,465,000 after buying an additional 116,226 shares during the period. Finally, Vision Capital Corp raised its stake in shares of InvenTrust Properties by 11.8% during the 3rd quarter. Vision Capital Corp now owns 1,105,874 shares of the company’s stock worth $31,650,000 after buying an additional 116,402 shares during the period. 61.70% of the stock is owned by institutional investors and hedge funds.

InvenTrust Properties Stock Up 0.6%

Shares of IVT opened at $34.98 on Friday. 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 Corp. has a one year low of $26.52 and a one year high of $35.54. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 2.84 and a beta of 0.80. The stock has a 50 day moving average price of $32.31 and a 200 day moving average price of $30.57.

InvenTrust Properties (NYSE:IVT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.07 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 analysts’ expectations of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. Equities research analysts forecast that InvenTrust Properties Corp. will post 1.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on IVT. KeyCorp began coverage on InvenTrust Properties in a research note on Friday, March 6th. They set an “overweight” rating and a $35.00 target price for the company. Wall Street Zen cut InvenTrust Properties from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Bank of America boosted their price target on InvenTrust Properties from $36.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. boosted their price target on InvenTrust Properties from $31.00 to $33.00 and gave the stock a “hold neutral” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings cut InvenTrust Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, InvenTrust Properties currently has a consensus rating of “Moderate Buy” and an average price target of $34.17.

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.